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<br /> h 77�- UU7210
<br /> � bonds ot.tstanding hereunder , exclusive of any period of
<br /> �
<br /> grace required to constituta a default as an " event of
<br /> ; ,
<br /> default " , as hereinabove provided , after giving the res -
<br /> .c :
<br /> pective r.otice ( if any be required ) for the respective � ,
<br /> periods therein stated .
<br /> Section 902 . Upon the occurrence of an event of
<br /> default the Trustee ma j
<br /> y , and upon the written request of the
<br /> � " ;e:
<br /> owners of twenty - five percent ( 25 % ) in aggregate orincipal ;
<br /> r -`
<br /> amount oi bonds outstanding hereunder shall :
<br /> ( a ) If such event of default occurs under Section
<br /> 901 ( e ) hereof , proceed to seek injunc � ive cr other ; :,�
<br /> appropriate relief to restrain or prevent Lessee � '"
<br /> from initiating , taking or permitting to be taken , � 'r;
<br /> any action contrary to the provisions of Section { ; ,
<br /> 5 . 6 of the Lease ; and 4 ,
<br /> ( b ) By notice in writir.g delivered to the Issuer , k`"'
<br /> declare the principal of a11 bonds hereby secured �;
<br /> then �utstanding , and the interest accrued t !�ereon ,
<br /> i�ediately due and payaole ; subject , howev2r , to „
<br /> the rioht of the holders ot a majority �n aggregaLa , ;
<br /> principal amount of bonds then outstand :ng hereunde . , i„�
<br /> by written not � ce to the Issuer and to tk:e T:ustee ,
<br /> to ar.nul such declaration and destroy its ezfect ��"
<br /> at an time if before such `'�
<br /> y , payment upon the bonds ,
<br /> a11 covenants with respect to which default shail
<br /> have been made shall be fully performed or made
<br /> good , and all arrears of interest upon all bonds
<br /> outstanding hereunder and the reasonable expenses
<br /> and charges of the Trustee , its agents and attorneys ,
<br /> and all other indebtedness secured hereby , except
<br /> the principal of any bonds which have not tkzen
<br /> attained their stated maturity and interest accrued
<br /> on such bonds since the last interest payment date ,
<br /> shall be paid , or the amot:nt thereof shal : be paid
<br /> to the Trustee for the benefit of those entitled
<br /> thereto .
<br /> Section 903 . Upon the occurrence of an event of defau _ t ,
<br /> the Issuer , upon demand of the T. rustee , shall forthwith
<br /> surrender the possession of , ar. d it shall be lawzul for the
<br /> TYustee by such officer or agent as it may appoint , to take
<br /> possession of , all or any part of the �ortgaged property with
<br /> the books , papers and accounts of the Issuer pertaining thereLo ,
<br /> and to hold , operate and manaee the same , and from tiTe to
<br /> � time to make all needful repairs and improvements as by the
<br /> P
<br /> Trustee shall be deeaed wise . The Trustee may lease the
<br /> .. �w_...
<br /> Project , or aay part thereof . in the name and for the accot:nt �`�
<br /> , k
<br /> ,�;',
<br /> ,� of the Issuer , and collect , receive and sequester the rents , ��"�;
<br /> : ='�',
<br /> �
<br /> revenues , issues , earnings , inco�e , products anZ profits , . �b
<br /> �'� �
<br /> � .,o-: 4 � � . � .v;Ar .
<br /> i • � therefrer� and out of the same any �neys received from any
<br /> �;
<br /> 49 �
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