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Caption: Board of Trustees Minutes - 1936
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844 BOARD OF TEUSTEES [ June 29 above described into which said revenues are hereby and in the Bonds required to be paid. Nothing herein contained shall be construed as conferring upon the Trustee or any holder or holders of any Bonds or interest coupons appertaining thereto, the remedy by foreclosure, execution or otherwise, of causing the Site or the Project to be sold and the title of the Foundation to the Site or the Project to be divested or forfeited. Section 13.10. T h e Foundation and the Trustee may, from time to time and at any time, enter into such indentures or agreements supplemental hereto as shall not be inconsistent with the terms and provisions hereof (which supplemental indentures or agreements shall thereafter form a part hereof) but only when approved in writing by the Government, so long as it shall be the holder of any Bonds, for the following purposes: ( a ) To cure an ambiguity, formal defect or omission in this Indenture or any supplemental indenture; ( b ) To convey, pledge, assign and transfer unto the Trustee any leases or contracts hereafter entered into by the Foundation demising or otherwise relating to the T r u s t Property or any part thereof, the operation thereof or the revenues therefrom; and ( c ) To grant to or confer upon the Trustee for the benefit of the bondholders any additional rights, remedies, powers, authority, or security that may lawfully be granted to or conferred upon the bondholders or the Trustee. Section 13.11. This Indenture may be simultaneously executed in several counterparts, all of which shall constitute one and the same instrument. IN W I T N E S S W H E R E O F the University of Illinois Foundation, as trustee under the T r u s t Agreement dated April 7, 1936, known as the Medical and Dental College Building Trust, and not personally, hereinabove called the Foundation, has caused this Indenture to be executed in its corporate name and behalf by its President and its corporate seal to be hereunto affixed and attested by its Secretary, and T h e First National Bank of Chicago, hereinabove called the Trustee, to evidence its acceptance of the trust hereby created, has caused this Indenture to be executed in its corporate name and behalf by one of its Vice-Presidents and its corporate seal to be hereunto affixed and attested by one of its Assistant Secretaries, all on the day and year first above written. UNIVERSITY OF ILLINOIS FOUNDATION not personally but as trustee under said T r u s t Agreement dated, April 7, 1936, known as the Medical and Dental College Building T r u s t By GLENN M. HOBBS K. J. T. EKBLAW President ATTEST: Secretary [SEAL] T H E FIRST NATIONAL BANK OF CHICAGO ATTEST: By O. A. BESTEL Vice-President L. C. ROCHETTO Assistant [SEAL] Secretary
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