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<br /> 77 U07210
<br /> or cause to be deposited , in the Bond Fund for its account
<br /> ° •• r
<br /> sufficient sums from revenues and income and all other �'�;: ;, � ' '��;;,
<br /> a�p � a � � ;_:
<br /> property derived from leasing the Project (whether or not g � '� ' � , ,� '�
<br /> � �e '. . i Yi„v
<br /> under and pursuant to the Lease ) to promptly meet and pay ���' ' , ,i
<br /> ,�e , �.
<br /> the principal of and interest on the bonds as the same ��`� ` ' ''
<br /> t '.�, �i •. '. 'i ky';^
<br /> become due and payable and , to this end , the Issuer covenants sy , °�
<br /> ��SY V . 1
<br /> y �
<br /> and agrees that , so long as any bonds issued hereunder are �;�: "
<br /> M �
<br /> outstanding hereunder , it will cause the Project to be ��,';
<br /> d > � .p
<br /> continuously and efficiently Zeased as a revenue and income �,�j �;'
<br /> h �
<br /> }�f'-
<br /> producing undertaking and that , should there be a default � '- .
<br /> a�r; �
<br /> under the Lease with the result that the right of possession �:
<br /> � r ;
<br /> of the leased premises under the Lease is returned to the �' '
<br /> , ���
<br /> Zssuer , the Issuer sha11 fully cooperate with the Tn:stee ' ��
<br /> and with the owners of the bonds to the e:zd of fully pro - ,r � ,u,_rv
<br /> :ti ,
<br /> .z�
<br /> tecting the rights and security of the owners of the bonds �� '
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<br /> ,' �� . .: r.�*f�s�.
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<br /> and shall diligently proceed in good faith and use its best � - „W:
<br /> !� � � � w� ,��
<br /> �
<br /> efforts to secure another tenant for the premises to the end x� ,
<br /> � '� .: \ � X Y�
<br /> of at a11 ti�es deriving suf� icient income and revenues from , , , ^� `;;
<br /> the Pro ect to rom tl meet and �� �
<br /> j p p y pay ( 1 ) the cost of main - „,. ` Y ,u�y'
<br /> .;;; ,a�
<br /> v .x .
<br /> taining and insuring the Project , and ( 2 ) the principal of r� ���.-
<br /> and interest on the bonds as the same become due and payable . �� �w
<br /> .
<br /> �,� � � F�
<br /> Nothing herein sha11 be construed as requiring the Issuer "
<br /> itself to operate the Project nor to use any funds or R,,;
<br /> �
<br /> revenues from any source other than the income , funds and
<br /> revenues derived by it from the Project .
<br /> Section 504 . There is hereby created by the Issuer and
<br /> ordered established with the Trustee a special reserve
<br /> account in the Bond Fund (herein sometimes referred to as
<br /> the " Bond Fund Reserve Account " or as the " Reserve Account " ) .
<br /> 'I'here shall be deposited into the Bond Fund Reserve Account
<br /> as and when received < a ) that part of each payment of basic
<br /> " rent during the first five ( 5 ) years of the basic ter.a oi
<br /> the Lease which is in escess of the amount required to gay
<br /> ���.
<br /> whtn due and in full the next maturing installment of pri:z -
<br /> ,..:
<br /> cipal and/ or interest , as the case may be , on the 1977 ` �
<br /> Sonds , all as is �ore speci,� ca: ly set forth in Section 2 . 1 � �"�
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