|
The principal of this Bond and the premium, if any, payable up n redemption, are
<br /> payable on the maturity or redemption date (i) upon presentment at the I ipal corporate trust
<br /> office of Hickory Point Bank & Trust, fsb, Decatur, Illinois, as bond rustee (the "Bond
<br /> Trustee"), or (ii) as to the Purchasers and any registered owner of $1, 0,000 or more in
<br /> aggregate principal amount of Bonds (as hereinafter defined) who so elects and who has
<br /> presented its Series 2010 Bond on or prior to the payment date, by wire transfer of funds to such
<br /> wire transfer address within the continental United States as such registered owner shall have
<br /> furnished to the Bond Trustee in writing on or prior to the Business Day nor to the Record
<br /> Date. Except as otherwise provided in the Bond Indenture with respect to D faulted Interest (as
<br /> defined therein), interest payments hereon shall be made to the regist red owner hereof
<br /> appearing on the registration books maintained by the Bond Trustee (the "Bond Register")
<br /> maintained by the Bond Trustee, as bond registrar, as of the close of bu iness of the Bond
<br /> Trustee on the fifth day (whether or not a Business Day) next preceding th applicable interest
<br /> payment date (the "Record Date") and shall be paid (i) by check or draft of the Bond Trustee
<br /> mailed on the applicable interest payment date to the registered owner at such'owner's address as
<br /> it appears on the Bond Register or at such other address furnished to the Bond Trustee in writing
<br /> by such owner on or prior to the Record Date or (ii) as to the Purchasers and any registered
<br /> owner of $1,000,000 or more in aggregate principal amount of Bonds whop so elects, by wire
<br /> transfer of funds on the applicable interest payment date to such wire transfe address within the
<br /> continental United States as the registered owner shall have furnished to the Bond Trustee in
<br /> writing on or prior to Business Day prior to the Record Date.
<br /> This Bond is one of an authorized series of Bonds issued by the City under the Bond
<br /> Indenture, designated City of Decatur, Macon County, Illinois Hospital Facility Revenue Bonds,
<br /> Series 2010_(Decatur Memorial Hospital), in the aggregate principal amount of$
<br /> (the "Series 2010_ Bonds"). The proceeds of the Series 2010_ Bonds, together with the
<br /> proceeds of three additional series of bonds issued under and ratably secured by the Bond
<br /> Indenture (collectively, the "Bonds"), were loaned to Decatur Memorial Hos ital, an Illinois not
<br /> for profit corporation (the "Corporation") as permitted under the Act. The Corporation secured
<br /> such loan by issuing to the City its Decatur Memorial Hospital Direct Note Pbligations, Series
<br /> 2010A-D (the "Series 2010 Obligations") pursuant to a Master Trust Indent e dated as of June
<br /> 1, 1991, as previously supplemented and amended by the First Supplem ntal Master Trust
<br /> Indenture dated as of June 1, 1991, the Second Supplemental Master Trust Indenture dated as of
<br /> June 1, 1996, the Third Supplemental Master Trust Indenture dated as of No ember 1, 1996, the
<br /> Fourth Supplemental Master Trust Indenture dated as of July 1, 2001, the fifth Supplemental
<br /> Master Trust Indenture dated as of September 1, 2009, the Sixth Supplem ntal Master Trust
<br /> Indenture dated as of December 1, 2010, the Seventh Supplemental Master Trust Indenture dated
<br /> January 25, 2012, and the Eighth Supplemental Master Trust Indenture dated I July 24, 2014, and
<br /> as further supplemented (collectively, the "Master Indenture") between thCorporation and
<br /> U.S. Bank National Association, as successor master trustee (the "Master Tru tee").
<br /> The City loaned the proceeds of the Bonds to the Corporation p suant to a Loan
<br /> Agreement dated as of December 1, 2010 (the "Loan Agreement") between the Corporation and
<br /> the City. The Corporation has agreed in the Loan Agreement to pay the City amounts sufficient
<br /> to pay all amounts coming due on the Bonds (as hereinafter defined) and th� City has assigned
<br /> its rights to such payments under the Loan Agreement to the Bond Trustee as security for the
<br /> Bonds.
<br /> 15
<br />
|