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<br /> /
<br /> ; 77-. ,�10 7 210 ;M,
<br /> � .a
<br /> ?,RTICLE V . �.
<br /> �
<br /> ,.;
<br /> Revenues and Funds �F : ; �� �,��
<br /> k • ^�
<br /> Section 501 . The bonds herein authorized are not `� ^, ' ��� � "}' ��;�" ��` '��
<br /> ; general obligations of the Issuer , but aze limited obli - s ':' ^"�"{�;
<br /> � > �� a �
<br /> gations payable solely fzom revenues , income and other `W ' �t�{
<br /> r ?'a �a'�'
<br /> x� property derived from the leasing of the Project and as � � �;
<br /> ��< , �;
<br /> " authorized by the Act , the same having been pledged to the " �'; `'
<br /> �'�
<br /> Trustee hereunder . As provided herein , however , the bonds , r
<br /> �`", .
<br /> are also secured by a mortgage lien on portions of the �t+=. '
<br /> � �
<br /> Project and by a security interest in and to certain other �'�' ';'
<br /> ,,�, .
<br /> portions of the Project . ,�>' �
<br /> f�� �
<br /> The Project has been leased to the Lessee and under the �:��; "�
<br /> ��
<br /> Lease the basic rent payments are to be re�itted directly to ` � �;<
<br /> �s,r
<br /> the Trustee for the account or the Issuer and deposited in � `�:
<br /> uti � �; ; ` ;i
<br /> the Bond Fund hereinafter created . The Bond Fund , i:� to �- r � ''�
<br /> .. ':. h ! ` l .'
<br /> which said basic rent payments will be paid , wi11 at all
<br /> times have a balance sufficient in amount to insure the ���� � �
<br /> prompt payment of the princi� al of and interest on the � ' �,�;;
<br /> � ;
<br /> bonds , and the entire amount of said basic rent payments is �. �: r'� �
<br /> � Y� �
<br /> pledged to the payment of the principal of and interest on �N �E'
<br /> - � ,w � .
<br /> � �
<br /> �ff � '
<br /> r_he bonds . �"� '� �_ �
<br /> 1 , 7'.
<br /> Section 502 . There is hereby created by the Issuer and � =
<br /> �:..
<br /> established with the Trustee a segregated trust fund to be ��,_ �
<br /> flr,
<br /> called " Doniphan/Lincoln Equipment Company Project Bond Fund " '�
<br /> ; ��;
<br /> ( which is sometime � referred to herein as the " Bond Fund " ) ,
<br /> which shall be used to pay the interest on and principal of �
<br /> the bonds .
<br /> Section 503 . There sha11 be deposited into the Bond
<br /> Fund all accrued interest ( and premium , if any ) received at
<br /> the time of the delivery of the bonds . In addition , there
<br /> sha11 be deposited into tne Bor.d Fund as and *ahen received
<br /> ( a) all basic rent payments specified in Section 2 . 1 of the
<br /> '' Lease and (b ) all other moneys received by the Trustee under " '
<br /> t`
<br /> � and pursuant to any of the provisions hereof or of the Lease ""'�
<br /> '4
<br /> directing such moneys to be paid into the Bond Fund . The ^�„
<br /> Issuer hereby covenants and agrees that so long as any of ��
<br /> . �;:
<br /> the bonds issued hereunder are outstanding , it will �eposit , �� ,_,,�,��-
<br /> , �
<br /> 4i
<br /> A� r.
<br /> � 32 �
<br /> �
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