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<br />I <br /> <br />9/30/82 through <br />6/30/83 $10,000 (quarterly) <br />9/30/83 through <br />6/30/84 $10,000 (quarterly) <br />9/30/84 through <br />6/30/85 $11,250 (quarterly) <br />9/30/85 through <br />6/30/86 $11,250 (quarterly) <br />9/30/86 through <br />6/30/87 $12,500 (quarterly) <br />9/30/87 through <br />6/30/88 $21,750 (quarterly) <br />9/30/88 through <br />6/30/95 $21,750 (quarterly) <br />9/30/95 through <br />6/30/96 $21,000 (quarterly) <br /> <br />except as the provisions hereinafter set forth with <br />respect to redemption prior to maturity may become <br />applicable hereto, principal of this Series 1981 Bond <br />being payable in lawful money of the United States of <br />America and in immediately available funds at the <br />principal office of The Indiana National Bank, <br />Indianapolis, Indiana, as Trustee, or its successor in <br />trust ("Trustee"), and interest on this Series 1981 <br />Bond being payable by check or draft mailed or <br />delivered to the registered owner at the address of <br />such owner as it appears on the Bond Register. The <br />holder hereof hereby waives any and all interest <br />accrued from the date hereof through July 8, 1981. <br /> <br />This Series 1981 Bond is one of an authorized <br />issue of Economic Development First Mortgage Revenue <br />Bonds, Series 1981 (Nice-Pak Products, Inc.) ("Series <br />1981 Bonds") limited, except as provided with respect <br />to Additional Bonds in a Mortgage and Indenture of <br />Trust dated as of July 1, 1981 (which document as from <br />time to time amended and supplemented, is hereinafter <br />referred to as the "Indenture"), in aggregate <br />principal amount of $3,035,000 issued for the purpose <br />of refunding certain prior bonds and financing certain <br />economic development facilities ("Project"), in the <br />Town of Mooresville, for Nice-Pak Products, Inc., a <br />New York corporation qualified to do business in <br />Indiana ("Company"), and paying necessary expenses <br />incidental thereto so as to promote diversification of <br />