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<br /> Mr , i,
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<br /> Sectio�i 504 . Dfoncyn !ti thc liond Fund shall bc uscd �tolcaly for t: h��
<br /> ; , pnyment uf khe ineerest: on Clic Bonds and for Lhe retiremenL of Ci�c (iond3 uC or pr :.c� r
<br /> , ''.i to maturlty .
<br /> , �`:t � �
<br /> ' �+ 1'he Bond Fuud shall Ge in Lhe custody of tlic Tr �sCee buC in the namc oi Chc
<br /> , , Lessor , and tlie Lessor hereby authorizes eind dir�cts Clie 'Cruetce to caiChdrma �ufficie�il
<br /> r £unds from the uo�a r���a to pay the lionds and interes � lliereon iis the samc becume duc
<br /> ; and puyablca , eittier at the maturiCy thereo [ or the daee fixed for the rr. dempCion tl�eri�of
<br /> � prfor to maturity . The Trustee hereUy uccepts such iiuthorization aud direction .
<br /> . �;,:
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<br /> �F Section 505 . Upon tlie retiremenL• of any Uouds Uy purchuse or redemp �ion ,
<br /> r ` ; Che 'Trustee shall file wiCh Clic l.eseor cmd the Coropany a statemenC brietly desrtbing
<br /> .�{ such Bouds , and seL• tin� Lorth Lhe dnte ot their purch�se or redempl' ion , the nmuunC af
<br /> � the purchuse price or Llie redempt' ion price of ;;uch 13und„ aud the amount paid u;� inL• ere� t
<br /> }' „ tliereon . The expenses in connecCion witii Che purchase or redemption ol auy Bonds shal.l
<br /> �� be paid by the Compauy pursuanl to tl�e Lease Cu tlie extent Lhat sul: [ icienC funds Lherefor
<br /> , ,,
<br /> ' ;�:� nhall not be availabl.e , when needed , in the ]3ond I'uud .
<br /> , ; Section 50G , A special tuttd is hereby crcated within the " Ilond Fund" and is
<br /> .;,'. designaCed as Che " Rescrve AccouttL " . Moneys shall be depo:: ited l' o L'lie credil' of thc
<br /> � Reserve Account r; o Chat n total o [ $ 42 , 500 . 00 will be accwuulal'ed L' herein Uy OcLoUer , 198L
<br /> <�
<br /> � Moneys held Por ehe credit ot such Reserve Account sliall 6c used for L-tie purposc o [ paying
<br /> t� interest on the Sert�s A l3ond � and maturing princJ.pal o [ Serie3 A 8unds wlienever and to
<br /> �; the extenL- that the money�s held 1or the credit oE tl�e 13ond Pund sliall be lnsufE' iclent
<br /> ; f: or eucl� purpose . If At any time tl�e moneys held for L'he credit oL the Kescrve AccounL-
<br /> ahall excecd $42 , 500 . 00 , sucii excess shall Ue tr �nsterred by Che 'i'rustee to ehe credit
<br /> �: of ttie I3ond 1'und .
<br /> [JheneveY Chere shall be held in Lhe Uond I�mid :ind the Reserve Account a total
<br /> �' amouuC sutficicnt for payiny thc Uonds in full uudcr tl�is �IorCgagc , including the
<br /> ; principal of and Che interesL an �ii u��as and any redemption pretniutn and any umounts
<br /> needed to pay rcdemption expenses , such moneys sh.� 11 be applicd by Che 'Crustee L-o the
<br /> ' ; paymenC , purchuse or redemption ot such l3onds in tu11. and tlte payment of all expenses
<br /> � � in connection wiLh any such purchase or redemption .
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<br /> Section SU7 . Sub3ect to �lie terms and condilions set fortti iii this P1orLgage ,
<br /> "; moneys held for the credit of the [tond Pund and Clie fteserve AccounL- shall be I�eld in
<br /> _ .;� trusL• and disUursed by the Trustee for (a ) the puymenl of inlcresC upon the }iond3 issued
<br /> ,� hereunder ns such inl' eresC ( a11s duc , or (b ) L• he payment ut' Chc principal ot such Nands
<br /> «a at their respecCive maturiLies , or ( c ) the payment oE the purchnse price ur. ri:demption
<br /> s� � price of sucl� l�ouds Uefore maturity , and such moneys are hereby p .ledZ;ed to and diarFed
<br /> '-$ witli thc paymenl' s tnenCioned in l' his 5ect' iun ; provided , Cl�e priuclpnl amounC of the ,
<br /> Reserve Account is hereby pledged Co the exclusive benetit o1 the tier .tes A llonds witil
<br /> ' sucli hnve been paid in full .
<br /> . :.�.Y . . � � .
<br /> a :� Section 508 . All moneys which thc TrusCee shall have withdrawn [ rom thc
<br /> � : ; Bond Fund or shall have received Crom any other so�rce and seC �iside , or cieposited
<br /> ?. wiCh Che Priying Agents , Por thc pucpose of paying any of Che Bonds hereby :tecured ,
<br /> 3 either at tlie mat• uriLy thereot ur Uy purchasc or call Por YCIII'iI1�7C1U11 � or for the purpose
<br /> G,: ' �- of paying any maCuring coupons ap �'� ertainin�; to any of the 13onds hereby s � cured , �hull
<br /> � '� Ue held in Crust for the respectivc holders of such Uonds or coupons . Any moneYs
<br /> t �? whiclt vhall be so set aside or deposiCed Uy [ he '1' rustec and which :.ha17. remain unclained
<br /> " by Lhc holders of yuch Bouds or oF sucl� coupons Por a pariod o [ si.x ( 6 ) ycar ; ultcr
<br /> x
<br /> the date on which sucli liond :; or such coupons shull have become puyablc shall ,
<br /> upon requeal' in writin�; by L' he Coverning Uudy , be pnid Co Che Le� sur or Co sucl� off. icer ,
<br /> � ' '`: board or UoJy as mny thm� Uc entitled by law to receive the :o.une , and ChereaEter thc
<br /> ;.'� ;
<br /> tiolders oE such llonds or coupons shall look only Co Clic Les :sor or Co r;uch oCl.` icer , board
<br /> or body , as Che case may bc , for paymcnt and Chect only Co thc extenC oP the amounts
<br /> � so reccived wil'hout any inCcrest L' hereon , and the 'Crustee iind Chc Y.iyiny, A�;enes c; hull
<br /> ;, have noL' re3ponsiUiliLy wilh respect L-o such moneys .
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<br /> SecL' ion 509 . All llonJs p,� id , redcemed or purchased eiChcr aC or UcCore
<br /> ' maturily , shall be delivcred to Che 'TrusCee when sucl� p ;iyment , redempCiun or purchasc
<br /> ;i;;
<br /> - is made , Cogcl' her with all wimaCured coupon5 , iE any , apperCaininy; Chereto , :�nd such
<br /> Bonds and cuupuns shull thereupon Ue cancclled . All tnterest• coupun� rLall be cancclled
<br /> upon Cheir paymenC and dclivcrcd to Clic '1'rusl' cc . All. tSonds and coupons caiucllcd unJcr
<br /> uny of the provisions of Chis Ptortgnge sh:ill Uc crem:iteJ , chrcddcd or othcrwi. ;le dehCroycd
<br /> by the 1'ructee . The 'fr�stee eftecLing sucl� cremation , shreddLng or desCructioit sh:ilJ.
<br /> execuCe u ccrClticaCe in dupllcaCe descriUinf; khe Bonds and couponc e;o cremaCed , shredded �-. � _ �, . '
<br /> or olherwise destroyed , and une execuled certific:ite sl�all be Ciled wi. t:h the 'I'rcasurer � � ,
<br /> ` of the I.essor and thc other executed certif. ical' e shall bc reCalned by the 7'rut� tee . �
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