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<br />EXHIBIT A <br /> <br />FORM OF BOND <br /> <br />No. R-l <br /> <br />UNITED STATES OF AMERICA <br />ST A TE OF NORTH DAKOTA <br /> <br />COtlNTY OF CASS <br /> <br />MULTIFAMILY HOUSING REVENUE BOND <br />(SISTERS OF THE PRESENTATION BVM PROJECT) <br />SERIES 2006 <br /> <br />$450,000 <br /> <br />4.84% <br /> <br />Maturity Date <br />October 24, 2021 <br /> <br />Date of Original Issue <br />October 24, 2006 <br /> <br />Interest Rate <br /> <br />REGISTERED OWNER: WELLS FARGO BROKERAGE SERVICES, LLC <br /> <br />PRINCIPAL AMOUNT: FOUR HUNDRED FIFTY THOUSAND AND NO/IOO <br />DOLLARS <br /> <br />KNOW ALL PERSONS BY THESE PRESENTS that the County ofCass, NOlih Dakota <br />(the "Issuer"), for value received. hereby promises to pay to the registered owner specified above or <br />registered assigns, but only from the sources referred to herein, the principal amount specified above, <br />with interest on the outstanding and unpaid balance of such principal sum from the date hereof at <br />the annual interest rate specified above (computed on the basis of a 360-day year with twelve months <br />of 30 days). Principal and interest shall be payable semiannually on each April 24 and October 24, <br />commencing April 24, 2007 (each, a "Payment Date"), from the Date of Original Issue or (in the <br />case of transfer or exchange) from the most recent Payment Date for which principal and interest <br />have been paid or provided for to the registered owner hereof in accordance with the amortization <br />schedule attached hereto, all subject to the provisions referred to herein with respect to the <br />redemption of the principal of this Bond before maturity. Principal and interest due hereunder shall <br />be payable at the principal office of the Lender (defined below), or at such other place as the Lender <br />may designate in writing. <br /> <br />This Bond is one of an authorized issue of Bonds in the aggregate principal amount of <br />$450,000 to be issued for the purpose of financing the renovation and equipping of a six-unit <br />apm1ment facility (the "Facility"). Proceeds of the Bonds will be loaned to Sisters of the <br />Presentation of the Blessed Virgin Mary. Fargo, a N0l1h Dakota nonprofit corporation (the <br />"Corporation"), under the provisions of a Loan Agreement dated as of October 1, 2006, by and <br />between the Issuer and the Corporation (the "Loan AgreemenC). The Bonds have been designated <br />as "qualified tax-exempt obligations" by the Issuer for purposes of Section 265(b )(3) of the Internal <br />Revenue Code of 1986, as amended. <br /> <br />A-I <br />