The Hillsborough Florida Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank defines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement outlines the legal framework and obligations between the two parties involved in managing the trust. Naveen Tax Free Unit Trust, Series 1140 is a specific investment vehicle that provides tax-exempt income to its unit holders. It is designed to cater to individuals seeking tax advantages on their investment earnings. The trust invests in a diversified portfolio of tax-exempt municipal securities, delivering consistent income while minimizing taxes. Under the Hillsborough Florida Trust Indenture and Agreement, John Naveen and Co., Inc. acts as the trust's sponsor and manager, responsible for making investment decisions and overseeing the administration of the trust. Chase Manhattan Bank assumes the role of trustee, holding the trust's assets in custody and ensuring compliance with the terms outlined in the indenture. Within the Naveen Tax-Free Unit Trust, Series 1140, there may be variants or different types of trust indentures and agreements tailored to suit specific requirements and investment options. These variants may include: 1. Naveen Tax Free Unit Trust, Series 1140 — Growth Option: This type of unit trust offers growth-oriented investment opportunities, aiming for long-term capital appreciation. It may allocate a higher proportion of assets to growth-oriented municipal securities and investment strategies. 2. Naveen Tax Free Unit Trust, Series 1140 — Income Option: This variant of the unit trust focuses on generating a steady stream of tax-exempt income for investors. It may prioritize investments in stable income-generating municipal securities, which can provide a reliable flow of income over time. 3. Naveen Tax Free Unit Trust, Series 1140 — Balanced Option: The balanced option strives to strike a balance between growth and income objectives. It may distribute the trust's assets across a diversified mix of growth-oriented and income-generating municipal securities, aiming to provide a combination of capital appreciation and regular income. As with any investment product, it's essential to carefully review the specific terms, conditions, and objectives of each variant of the Hillsborough Florida Trust Indenture and Agreement to ensure it aligns with personal investment goals and risk tolerance. Consulting with a financial advisor or reading the trust's prospectus can provide more comprehensive information on the available options within the Naveen Tax Free Unit Trust, Series 1140.