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TRUST INDENTURE THIS INDENTURE executed as of the day of _, 1960 by and between the CITY OF BATESVILLE, a city of the first cl ss, duly existing under the laws of the State of Arkansas and situatQd in Independence County (hereinafter sometimes referred to as the "Cityf°) as party of the first part, and The First National Bank in Little Rock, a national banking institution organized under and existing by virtue of the laws of the United States of America, with its principal office, domicile and post office address in Little Rock, Arkansas (hereinafter sometimes referred to as the 1°Trustee") as party of the second part, WITNESSETH: WHEREAS the City is authorized by Act No. 9 of the First Extraordinary Session of the Sixty -Second General Assembly of the State of Arkansas, approved January 21, 1960 (hereinafter sometimes referred to as "Act No. 9P°) to acquire necessary lands, construct buildings and improvements thereon and to acquire and install machinery and equipment therein for the conducting of manufacturing operations, and to lease the same to an industry with renewal and purchase options; and WHEREAS the City is authorized by Act No. 9 to issue indus- trial development revenue bonds payable from lease rentals and secured by a first mortgage on the lands, improvements, machinery and equip - meet so leased and WHEREAS the City has acquired lands in Independence County, Arkansas and has entered into an agreement with Batesville Rubber Company, an Arkansas corporation and a wholly owned subsidiary of Seiberling Rubber Company, a Delaware corporation (hereinafter some- times referred to as "Seiberling"), pursuant to which the City is to