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<br /> <br />r <br /> <br />84~~ <br /> <br />006618 <br /> <br />r <br /> <br />.unCUt IX <br /> <br />DEFAULT PI.OVISIOU AD ...... <br />OF 'lUSTU. MID ~ <br /> <br />Section 1. If one or ..re of the followta& <br /> <br />occur: <br /> <br />(a) Failure to lIIIke the due &ad pvac:tual pa)'MDt <br />on any Bond heTeby secured and outat&adiq; <br /> <br />(b) Failure to make the due &ad puac:tual pa,..u <br />required to be paid to the Tnstee u.der the provieJ.OIl8 <br />hereof; <br /> <br />(c) Failure to make the due _d puDctual pa)'MDt of dae <br />principal of uy Bcmd bereby secured &ad outst&1MUq her......... <br />whether at the state aatudty thenof, or U}KHI pr0cee4iq8 for <br />redalllption thereof or upon the maturity thereof by dec:laraUoo; <br /> <br />(d) Failure to perfona or observe any other of the c:oveaeats.. <br />qr&eaetlta. or conditions on the 18suer'. part ID tbl. lion...., or 1a <br />~--~--t~---ea!!t-e!!!ed; -O_L_~______ <br /> <br />(e) Lessee 1. in default uder and in ac:cordaDce vitia the te~. <br />covenants t asd ccnd1ciollS of the Leas. and Aar.-t or tn Guaruty <br />qreeeent; or <br /> <br />(f) Any Person is 1n default uDder &ad in accorduce vitll the <br />tenas. coveaants. ud conditioos of an)' Aliditional qreemeat; <br /> <br />then upon tbe happnina of uy of tbe foreloing nnts of default &ad the <br />continuance thereof for a period of thirty (lO) days after writtn notice <br />thereof to the Issuer by the Trustee. or by the Bolders of 80t Ie.. thaa <br />fifty-one percent (51%) in auresate principal aIIOVllt of IoocIs outstau1D& <br />hereunder, the Isauer shall be in default heruDder. Tbe phrase "default <br />herunder" ia hereinafter referred to herein as "Default." <br />Sec:t1oo 2. Upon nefault. the Trustee ..y. a.d upon tbe wdUe. <br />request cf the Holders of fifty-oae perceat (51%) in aSlrelate principal .-ouat <br />of londs outstandiaa hereunder, shell, by notice in writiaa delivered to the <br />Is.uer declare the principal cf all loads hereby secured then outstadlaa. &ad <br />the Interest accrued thereem. i_diately due aDII payable. <br /> <br />.106 <br /> <br />L <br /> <br />u <br /> <br />-.J <br /> <br />