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r- 84,..... 0066t 8 r Section 11. No OImer of uy Bond shall heve aa~;r amy suLt. ..cUon. or proeeedinss in 8Cluity or at law for~' Mortlaae or for the execution of u, trust bareof. or fit.-<. receiver. or any other relledy hereunder, unle.s alao..~__f:!c>. occurred of which the Tn.tee has been l'lotiUIhI. a. provUfKllir Article X, SecUon 1. or of which by said paraarapb it ia~!" nor unle.. also such event of default shall havebecoae a Del_ of fifty-one parcent (51%) in anrelate pdnc:1pal a.ount of~i!. hersunder shall have _de written r8CIuest to the Trustee.... 8beU it reasonable opportunity either to proceed to exereiee the ~r.' arantlhl. or to inst1tute such action. suit. or procaed1n& l1lita.... unless also tbey have offered to the Trustee incl....ity .. proviclecll1lAd1c Section 1, nor unless the Tnstee shall thereafter fail or refuse to-.ictN4, the powers hereinbefore sranted. or to institute such action. n11:. or proceecliq in ita own na_; and such notification. request. aDd offer of iu_it)' au hUClDY d'lc;ialC1U ill .,,*1:)' "...." .t tlae upti\iu \if th.,Trulit.. to be conditions precedent to the execution of the powers .... trusts of this Hortsa.e. and to any action or caua. of action for the enfor~ement of tbia HorteaSe. or for the appointlllent of a receiver or for oy other r-.4y hereunder; it beina understood and intended that no one or more OWners of the Bonds shall have any risbt in any _nner whatsoever to .ffect. disturb. or prejudice the lien of this Mortgale by his or tbeir action. or to eaforce oJ ri&bt hereunder except in the manner herein provided. and that all proceed ins. at law or in equity shall be instituted. had and maintained in the manaer herein provided and for the equal benefit of the Owners of all Bonds outstandina hereunder. Nothina in this Mortea.e contained shall, however. affect or impair the ri&ht of any Bondholder to enforce the payment of the principal of and interest on any Bond at and after the maturity thereof. or the oblilation of tbe Isauer to pay the prine ipd of and interest on each of the Bonds issued hereunder to the respective Holders thereof at the time. place, from the source. aod in the manner in said Bonds expressed. except as provided in Article V. Section 6. 54 u L -.J L.