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S � . �• <br />� � �s y.�+ <br />� . . . . . � � . . . . . � . . . . . TJ N� �Sl . <br /> � <br /> . . ___..._.___��__r�w._��rr...���rrr.�..�� • . L .. .. .. __ . . <br /> F � <br />� ;� �6� 0059 '75 , � <br /> Section 405 . The Lessor covenants that the Pro,ject w111 be consCructed on <br /> `` land wl�ich is owned or can be acquired by the Lescor in fea simple or ovcr which the <br /> Lessor sliall have acquired or can acquire perpeCual ezsements or title or rights <br /> sufficient for the needs and purposes oE the Pro� ecC , free trom all liens , encumbrances <br /> �; and defects of title except liens , encumbrances or defects of title which do noC have <br /> � a materially adverse effect upon the Lessor ' s right to use such lands or properties for � <br /> ,,� the purposes 3ntended . <br /> , <br /> 5L� f <br /> ;� Section 406 . All zequisitions , certificates and opinions received by the � <br /> �"; Trustee , as required in this Article as conditions of payment from the Construction <br /> r� Fund , may be relied upon by the Trustee . <br /> r� <br /> U� Section 407 . Completion of the Project shall be evidenced to the Trustee , � <br /> „t� the Lessor , by a certificate stating the date of such completion , signed by the Project ' <br /> !i Manager and confirming that the completed Pro,ject is free from all liens , encumbrances <br /> �� and defects of title except liens , encumbrances or defects of title which do not have � <br /> :�,s a materially adverse effect upon the Lessor ' s right to use such lands or properties <br /> � for the purposes intended or which have been adequately guarded against hy a bond or <br /> , .-� other form of indemnity , that there are no uncancelled mechanics ' , laborers ' , contractors � <br /> �� or materialmen ' s liens on any property constituting a part of the Project or on file in <br /> � any public office where the same should be filed in order to be valid liens against <br /> �� any parC of such property , and that , in the opinion of the signer , the time within which f <br /> `t� such liens can be filed has expired . Upon receipt of such certificate , the balance in <br /> '�� the Construction Fund not reserved by the Lessor with the approval of the Project <br /> ;;� Pianager for the payment of any remaining part of the cost of the Project shall be <br /> � transferred by .the Trustee or deposited by the County with the Trustee , as the case <br /> '•� may be , to the credit of the Bond Fund . <br /> =� , <br /> :;� <br /> � <br /> ;$ <br /> � <br /> :� <br /> :;� <br /> ;�� • <br /> ;� <br /> r'� <br /> : <br /> �.� <br /> :rY <br /> '� <br /> � <br /> :;3 - <br /> � <br /> �� <br /> �� <br /> ,:it <br /> � <br /> �� <br /> �.:_:� � � . . <br /> 'f <br /> „ �'y . . � . , . <br /> �: ,y <br /> .,_a . . . _. . <br /> J:':t . � . � . . . . . . <br /> %�:r� ' . . �. . <br /> _r� <br /> '..'��i . . � � <br /> .:�:.� . . �. . <br /> :9 <br /> ',:....x .. . <br /> :i <br /> = �rtJZ . . . . . . <br /> , �j <br /> ' .,� <br /> .i <br /> b:r. <br /> ' �'.1! IV�� - . <br /> i .j <br /> ii <br /> '� ..:4..� ' r!n <br /> ` � �,� <br /> :"i . �'� CV a '. . <br /> ' • <br /> .� , � � �' � ^� <br /> � �' <br /> n , <br /> � <br /> u�� <br /> a <br />�; > <br />' ` J <br />