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00.919! <br />:Moneys paid into the Bond Fund Reserve Account shall be <br />invested by the Trustee, but as. Ydirected in writing from time <br />to time: -by the Lessee, in such securities as;may at the time.be <br />authorized' investments for funds -of the'- County; without restric- <br />tion as to the maturities of such obligations; and'the interest <br />accruing thereon and any profit realized therefrom shall be re <br />invested, applied to the payment of the Trustee's fees and expenses, <br />or'remitted by the Trustee to the Lessee on at least an annual' <br />basis, as.the Lessee may advise the Trustee from time to time in <br />writing. <br />Evidences of investment under this Section 702shal,l be held <br />by or under the control of the Trustee for.the credit of the"Bond <br />I <br />Fund and the Bond Fund. Reserve Account, respectively, and the,, <br />interest accruing thereon and any profit realized therefrom shall <br />. <br />be credited to such fund or account, as the case may be, and -any <br />loss resulting from liquidating any such investments shall be, <br />charged to such 'fund or account, as the case;may!be. <br />Section 703. A11 payments to the Trustee under the provisions <br />of.Sections 13.2 and 14.4 of the Lease and Agreement, and represent- <br />ing moneys as stated therein to be set apartand retained for the <br />purposes specified therein, shall be held by the;Truustee in a <br />separate account created in the Lease and Agreement', entitled <br />."Replacement Account". If, at any time, fori'any, reason there is <br />a deficiency in the Bond Fund, in order to -.p -:y the interest on <br />and principal of the bonds as the- same become' due, :the Trustee` <br />is hereby authorized and directed to transfer to the Bond Fund <br />from such Replacement Account a sufficient amount to cover such <br />deficiency and the County -reserves the right! at any'; time, and from; <br />time to time,.to direct the Trustee to transfer to the Bond'Fund all <br />or any part of the balance then remaining in!,such;Replacement Account. <br />Moneys credited -to the Replacement.Account under the provisions' <br />of -this Section.703 shall be invested and reinvested by the'Trustee, <br />but as directed: in writing from time to 'time: by the' Lessee, 'in <br />such securities'as may at the time be -authorized investments .for <br />vII-2 <br />yG` <br />