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7/8/2017 1:33:11 PM
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170-299
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00919 ..: .. � ., :• <br />certificate, and (b) enter into supplemental security agreements with. <br />the County "with -respect to different items of Leased Equipment sub <br />stituted to the lien of the Mortgage, alliin accordance with and as <br />more fully provided in. said Section. 7.6..of.. the. Lease.. and. Agreement <br />The Trustee shall be fully protected in relying upon such <br />officer's certificate in executing and delivering such partial <br />releases or supplemental chattel mortgages. <br />Section 803. If the County. shall pay or cause to be.paid <br />to the owners of the bonds and coupons of. all series at the time <br />..outstanding the principal and interest to become due thereon at <br />the times and in the manner stipulated therein, and if the -County <br />shall .keep, perform and observe all and singular the covenants and <br />promises in the bonds and in this Mortgage expressed as to be._ <br />kept, performed and observed by it or on its part,. then these, <br />presents and the estate -and rights hereby granted shall cease, <br />determine and be void, and thereupon the'Trustee shall cancel <br />and di=scharge the lien of this Mortgage,.'and execute and deliver <br />to the.'County or to its nominee such instruments in writing as shall <br />be requisite to satisfy the lien hereof, and reconvey to the County <br />the estate hereby conveyed, and assign and deliver to the County <br />all property at the time subject to the lien of this Mortgage which <br />may then be in its possession, except cash held by the Trustee for <br />.the payment of interest on and retirement of the bonds. <br />Bonds and coupons for the payment or redemption of which <br />moneys shall have been deposited with the Trus tee,.whether upon <br />or prior to the maturity'or the redemption date of, such bonds, -shall <br />be deemed to be paid within the meaning of this. section; provided., <br />however, that if such bonds are to be redeemed prior to the maturity <br />thereof, notice of such'redemption shall have been duly given_ <br />The County may at any time surrender to the Trustee for can <br />cellation by it any bonds previously authenticated and delivered <br />hereunder, together with any coupons appertaining thereto, which <br />the County may have acquired in any manner;whatsoever, and such <br />bonds. -and coupons upon such surrender and cancellation shall be <br />deemed to be paid and retired. <br />VIII -2 <br />
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