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<br /> � ._ � � . �r.r .. . ,a�• �, . l ,"£�.�per.�t%�N� ��� a r�SM �<�I.v MF 61 : , �u t atb' ° r- ., 'y�' S' n�r r,.7��� . . . .+ � '
<br /> 'dA"g ;.�", .'�� 53�de,.. i. r_ d�l
<br /> 77+ U07210
<br /> � to this Indenture upon the request or authority or
<br /> consent of any person who at the time of making
<br /> � such request or giving such authority or consent
<br /> is the owner of any bond secured hereb r
<br /> y , shall be
<br /> conclusive and binding upon a11 future owners
<br /> thereof . �',
<br /> ( e ) As to the existence or non - existence of any fact
<br /> or as to the sufficiency or validity of anv instru -
<br /> ment , pa�er or proceeding , the Trustee shall be �
<br /> � entitled to rely upon a certificate of tne T_ ssuer ;
<br /> signed by the Chairnan of its Board of Trusrees and `� '
<br /> � attested by its Clerk as sufficient evidence of the �
<br /> � facts therein contained and prior to the occurrence i `
<br /> � of a default of whicYi the Trustee has been notified ,
<br /> � as provided in subsection ( g ) of thi � section , or of
<br /> which by said subsection it is deemed to have notice , ' '
<br /> and shall also be at liberty to accept a similar certi -
<br /> ficate to the effect that any particular dealing , �"
<br /> transaction or action is necessary or expedient , t- "
<br /> but may at its discretion , at the reasonable expense a ',
<br /> of the Zssuer in every case secure such further s -
<br /> evidence deemed necessary or advisable , but shall � ;'-
<br /> in no case be bound to secure the same . The Trustee ^ti
<br /> may accept a certificate of the Clerk of the Issuer , ;•;
<br /> under his or her seal , to the effect that an ordir. ance ; '
<br /> or resolution in the forta therein set forth has
<br /> been adopted by the Issuer , as corzclusive evidence �.
<br /> that such an ordinar. ce or resolution has been duly h. ,'
<br /> adopted , and is in fu11 force and effect . a�
<br /> � � ;;
<br /> ( f) The perr.iissive right of the Trustee to do things
<br /> enumerated in this Indenture sha11 not be construed `"}
<br /> as a duty nor shall the Trustee be answerable for °^'``
<br /> other than its negligence or willful default . ,;:`
<br /> ( g ) The Trustee shall not be required to take notice or
<br /> be deemed to have notice of any default hereunder , `r=
<br /> except ( i ) failure by the Issuer to make or cause
<br /> to be made any of the payments to the Trustee re -
<br /> quired to be made by Article V and ( ii ) the defaults
<br /> set forth in Section 912 hereof , unless the Trustee
<br /> shall be specifically notified in writing of such
<br /> default by the Issuer or by the owners of at least
<br /> ten percent ( 10'/0) in aggregate principal amount of
<br /> bonds outstanding hereunder , and all notices or
<br /> other instruments reQuired by this Indenture to be
<br /> delivered to the Trustee must , to be effective , be
<br /> delivered at the ofrice of the Trustee , and in the
<br /> absence of such notice so delivered , the Trustee
<br /> may conclusively assurne there is no default , except
<br /> as aforesaid .
<br /> ( h ) The Trustee sha11 not be personally liable for any
<br /> debts contracted or for damages to persons or to
<br /> personal property injured or damaged , or for salaries
<br /> or nonfulfillment of contracts during any period in
<br /> which it may be in the possession of or managing the
<br /> trust estate , as in this Indenture provided .
<br /> ( i ) Whenever the Trustee has reason to believe that a
<br /> default has occurred under this Indenture or under
<br /> the Lease , the Trustee , by its duly authorized
<br /> agents , attorneys , experts , engineers , accountants
<br /> and representatives , shall have the right to fu11y ' - � �
<br /> iaspect any and all of the property herein conveyed ,
<br /> including all bonds , papers and records of the `
<br /> Issuer pertaining to the Project and the bonds , and 4f �°
<br /> to take such memoranda from and in regard thereto
<br /> as may be desired . ' ,,. r,
<br /> ':� . .
<br /> '� t T i�..• �
<br /> 60
<br /> � �
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