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77007210
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Last modified
7/16/2017 7:07:16 AM
Creation date
9/15/2014 4:21:51 PM
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DEEDS
Inst Number
77007210
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, , : � <br /> "TRJOY . ... �nYw r'A"� n �... vOyya�w� ../^u��T\MwAAY}'Pq� '"�T�.�nrw� o-nn � i. ...� y.m -e�e.. �. . .�.�. ♦ �'n+e+. u�t _. .y . . i.�. . . . . . . - . . . . _. . . . . . . . . . . <br /> . ./ ..� . . . . . n . .. . . . . . . . . . �.. . . . � <br /> Y � . <br /> 4 <br /> 1 <br /> �� 77- Ua7210 <br /> in the manner referred to in subparagraph ( a ) of this Section <br /> 504 shall , to the extent not theretofor utilized in the Lnanner , ,a ,;°. <br /> apecified in < 1 ) above , be applied to the payment in inverse �;'t' � ;r <br /> f �M�>, <br /> order of the installments of basic rent under the Lease last �r�. <br /> � ,w;° � <br /> coming due thereunder . The Bond Fund Reserve Accounc shall � c ' <br /> �' ; � <br /> be invested and reinvested by the Trustee in accordance with � M1' <br /> � : <br /> the provisions of Section 702 hereo = , and the Trustee shall � ` <br /> � , ; <br /> �: .:, <br /> sell and reduce to cash funds the necessary portion of such � <br /> ; ; <br /> investments whenever such cash funds are requized for one of ` <br /> � r <br /> the purposes hereinabove stated . � ^_.: <br /> k�.. <br /> Section 505 . Moneys in the Bond Fund ( including the n �,. <br /> ��` ; <br /> Reserve Account ) sha11 be used solely for the payment of the ��.< ,, <br /> interest on the bonds and for the purchase , redemption and ��� <br /> retirement of the bonds at or pr ? or to r:aturity . 'rhe 3ond "' . <br /> �' , <br /> Fund < including the Reserve Accour: t ) sha11 be in the custody ,,;� r. <br /> of the Trustee , but in the name of the Issuer , and the ' � <br /> � <br /> Issuer hereby authorizes and directs the Trustee to withdraw Y "` <br /> sufficient funds from the Bond Fund ( including the Reserve �� ( A <br /> .� <br /> Account ) to pay the bonds and interest thereon as the same ;�' „�, <br /> become due and payable , either at the maturity thereof or -`� :' <br /> - ,: <br /> �� <br /> the date fixed for the redemption thereof prior to maturity . <br /> The Trustee hereby accepts such authorization and direction . <br /> Any inference in this Section 505 to the contrary not - <br /> withstanding , when the amount in the Bond Fund from any <br /> source whatsoever , and including the Bond Fund Reserve <br /> Accourit , is sufficient to retire all of the bonds outstanding <br /> hezeunder and to pay interest to acczue thereon prior to <br /> such redemption plus the applicable premium , the Issuer <br /> covenants and agrees to take and cause to be taken the <br /> � ' necessary steps to redeem a11 of said bonds on the next <br /> succeeding redemption date for whicn the required redempcion <br /> k:. .. notice may be given . y <br /> Section 506 . In the event any bonds or interest .,,�- <br /> �" " coupons shall not be presented for payment when the prin - ' <br /> � „ cipal thereof becomes due . either at maturity or otherwise , ��«-. � <br /> � , � . ��; <br /> ;ky� or at the date fixed for redenption thereof , if funds �" <br /> , ,� :� , �,� <br /> � <br /> � " aufficisnt to paq such bonda or coupons shall have been made <br /> `� 3 5 J <br /> � -� <br />
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