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Mortgage, Security Agreement and Indenture of Trust [Amended and Restated No. 2]

 

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Title:

Mortgage, Security Agreement and Indenture of Trust [Amended and Restated No. 2]

Entities:

Cede & Co.; Chicago Title Insurance Co.; Depository Trust Co.; Foster Wheeler Ltd.; Wilmington Trust Co.

Date:

2003

Size:

Preview shows 192KB of 522KB total

Price:

$99

ID:

#251805

 

 

► Real Estate ► Mortgages ► Misc. Mortgage Agreements
► Financial
► Construction
► Insurance

 

 

Start of Preview


 

 

SECOND AMENDED AND RESTATED

 

MORTGAGE, SECURITY AGREEMENT AND INDENTURE OF TRUST

 

 

FROM

 

 

VILLAGE OF ROBBINS, COOK COUNTY, ILLINOIS

 

 

TO

 

 

SUNTRUST BANK, CENTRAL FLORIDA,

NATIONAL ASSOCIATION, AS TRUSTEE

 

 

Dated as of October 15, 1999

 



 

Table of Contents

 

 

ARTICLE I

 

 

DEFINITIONS

 

 

 

 

Section 1.01.

Definitions

 

Section 1.02.

Interpretation

 

 

 

 

 

ARTICLE II

 

 

AUTHORIZATION AND ISSUANCE OF BONDS

 

 

 

 

Section 2.01.

Authorization of Bonds

 

Section 2.02.

Series 1999 Bonds

 

Section 2.03.

Series 1999A Bonds

 

Section 2.04.

Series 1999 B Bonds

 

Section 2.05.

Series 1999C Bonds

 

Section 2.06.

Series 1999D Bonds

 

Section 2.07.

Additional Bonds

 

Section 2.08.

Other Indebtedness

 

Section 2.09.

Book-Entry System

 

 

 

 

 

ARTICLE III

 

 

GENERAL TERMS AND PROVISIONS OF BONDS

 

 

 

 

Section 3.01.

Medium of Payment: Form and Date: Letters and Numbers. 50

 

Section 3.02.

Legends

 

Section 3.03.

Execution and Authentication

 

Section 3.04.

Interchangeability of Bonds

 

Section 3.05.

Negotiability, Transfer and Registration

 

Section 3.06.

Provisions with Respect to Exchanges and Transfers

 

Section 3.07.

Bonds Mutilated, Destroyed, Stolen or Lost

 

Section 3.08.

Temporary Bonds

 

 

 

 

 

ARTICLE IV

 

 

REDEMPTION OF BONDS

 

 

 

 

Section 4.01.

Privilege of Redemption and Redemption Price

 

Section 4.02.

Redemption at the Election or Direction of the Company

 

Section 4.03.

Redemption Otherwise Than at Companys Election or Direction

 

Section 4.04.

Selection of Bonds to Be Redeemed

 

Section 4.05.

Notice of Redemption

 

Section 4.06.

Payment of Redeemed Bonds

 

 



 

Section 4.07.

Redemption of 1999 Bonds Pursuant to Sinking Fund Installments

 

Section 4.08.

Special Mandatory Redemption of the 1999 Bonds upon a Determination of Taxability

 

Section 4.09.

Special Mandatory Redemption of the 1999 Bonds upon Damage, Condemnation or Loss of Title

 

Section 4.10.

Redemption of the Series 1999D Bonds and the Series 1999C Bonds from the Retail Rate Litigation Proceeds or from Prepayments of Exit Payments

 

Section 4.11.

Special Mandatory Redemption of the 1999 Bonds upon Liquidation of the DBT

 

Section 4.12.

Optional Redemption of the 1999 Bonds to Effect a Change of Use Under Treasury Regulation Section 1.141-12

 

 

 

 

 

ARTICLE V

 

 

REVENUES AND ESTABLISHMENT OF FUNDS AND ACCOUNTS AND APPLICATION THEREOF

 

 

 

 

Section 5.01.

Payment of Bonds

 

Section 5.02.

Creation of Funds. Accounts and Subaccounts

 

Section 5.03.

Application of Proceeds; Provisions Relating to the Construction Fund

 

Section 5.04.

Revenue Fund

 

Section 5.05.

Special Tax Allocation Account

 

Section 5.06.

Series 1999C Bond Account and Series 1999D Bond Account

 

Section 5.07.

The Redemption Fund

 

Section 5.08.

The Retail Rate Litigation Proceeds Fund

 

Section 5.09.

The Rebate Fund

 

Section 5.10.

Reimbursement to Credit Bank

 

Section 5.11.

Moneys to Be Held in Trust

 

Section 5.12.

Deposits

 

Section 5.13.

Investment of Funds

 

Section 5.14.

Valuation and Sale of Investments

 

 

 

 

 

ARTICLE VI

 

 

COVENANTS

 

 

 

 

Section 6.01.

Payment of Bonds

 

Section 6.02.

Further Assurances

 

Section 6.03.

Tax Covenants

 

Section 6.04.

Performance of Covenants; The Issuer

 

Section 6.05.

Right to Payments under Facility Lease Agreement; Instruments of Further Assurance

 

Section 6.06.

Recordation and Other Instruments

 

 

ii



 

Section 6.07.

Deposit of Incremental Taxes

 

Section 6.08.

Continuing Disclosure

 

 

 

 

 

ARTICLE VII

 

 

DEFAULTS AND REMEDIES

 

 

 

 

Section 7.01.

Events of Default

 

Section 7.02.

Acceleration

 

Section 7.03.

Surrender of Possession of Mortgaged Property; Rights and Duties of Trustee in Possession

 

Section 7.04.

Receiver

 

Section 7.05.

Waiver

 

Section 7.06.

Foreclosure of Indenture

 

Section 7.07.

Default in Payment of Series 1999C Bonds or the Series 1999D Bonds; Remedies

 

Section 7.08.

Illinois Uniform Commercial code

 

Section 7.09.

Other Remedies

 

Section 7.10.

Waiver of Past Defaults

 

Section 7.11.

Control by Majority

 

Section 7.12.

Limitation on Suits

 

Section 7.13.

Rights of Owners to Receive Payment

 

Section 7.14.

Collection Suit by Trustee

 

Section 7.15.

Trustee May File Proofs of Claim

 

Section 7.16.

Priorities

 

Section 7.17.

Undertaking for Costs

 

Section 7.18.

Rights of Credit Bank or Bond Insurer

 

Section 7.19.

Pledges of Partnership Interests

 

 

 

 

 

ARTICLE VIII

 

 

THE TRUSTEE

 

 

 

 

Section 8.01.

Employment and Duties of the Trustee

 

Section 8.02.

Removal and Resignation of the Trustee

 

Section 8.03.

Compensation and Indemnification of the Trustee

 

Section 8.04.

Protection of the Trustee

 

Section 8.05.

Duties of Trustee

 

Section 8.06.

Notice of Defaults

 

Section 8.07.

Transfer of Rights and Property to Successor Trustee

 

Section 8.08.

Merger or Consolidation

 

Section 8.09.

Adoption of Authentication

 

Section 8.10.

Retention of Information

 

Section 8.11.

Co-Trustee

 

 

iii



 

 

ARTICLE IX

 

 

AMENDMENT OF OR SUPPLEMENT TO THE INDENTURE

 

 

 

 

Section 9.01.

Amendment or Supplement by Consent of Owners; Without Consent of Owners

 

Section 9.02.

Disqualified Bonds

 

Section 9.03.

Endorsement or Replacement of Bonds after Amendment or Supplement

 

Section 9.04.

Signing by Trustee of Amendments and Supplements

 

Section 9.05.

Consent of Company and FWC Required