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83- ~1c~~b~- suit or other commencement of judicial proceedings to enforce the rights of Trustee and of the Bondholders under this Indenture, Trustee- shall be entitled, as a matter of right, to the appointment of a receiver or receivers of the Trust Estate and of the rents, revenues, earnings, income, products and profits thereof, pending such proceedings, with such powers as the court making such appointment shall confer. Section 9.0'7. Waiver. Upon the occurrence of an Event of Default, to the extent that such rights may then lawfully be waived, neither Issuer nor anyone claiming through or under it shall set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws of any jurisdiction now or hereafter in force in order to prevent or hinder the enforcement of this Indenture, and Issuer, for itself and all who may claim through or under it, hereby waives, to the extent that it lawfully may do so, the benefit of all such laws. Section 9.08. Application of Moneys. All moneys received by Trustee pursuant to any right given or action taken under the provisions of this Article shall, after payment of the costs and expenses of the proceedings result- ing in the collection of such moneys and of the expenses, liabilities and advances incurred or made by Trustee, be deposited in the Bond Fund, and all moneys in the Bond Fund shall be applied as follows: {a) Unless the principal of all the Bonds shall have become or shall have been declared due and payable, all such moneys shall be applied: FIRST To the payment to the persons entitled thereto of all installments of interest then due on the Bords, in the order of the maturity o£ the installments of such interest beginning with the earliest such maturity (with interest on overdue installments of such interest, to the extent per- mitted by law, at the bate Payment Rate) and, if the amount available shall not be sufficient to pay in full any particular installment, then to the payment ratably, according to the amounts due on such installment, to the persons entitled thereto, without any discrimination or privilege; and SECOND To the payment to the persons entitled thereto of the unpaid principal of and premium, if any, on any of the Bonds which shall have become due {other than Bonds matured or previously called for redemption for the payment of which moneys are -32- ~~ j . _ - _