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84- 005448 Section 2.02 Payment of Bond. It will faithfully perform at all times any and all covenants, undertakings, stipulations and provisions contained in this Mortgage, in the Bond Resolution and in the Bond executed and delivered thereunder; will pay from the rentals derived from the leasing of the Project, including, but not limited to, the Lease, the principal, premilli~, if any, and interest on the Bond on the dates, at the places and in the manner prescribed in the Bond in any coin or currency of the United States of America which, on the respective dates of payment thereof, is legal tender for the payment of public and private debts; and will cause the Basic Rent and other net revenues and income to be paid to the Bondholder on or before the due date of each installment of principal and interest and prior to the maturity of the Bond in amounts sufficient to pay such installments of principal, premium, if any, and interest on the Bond when due; provided, however, that the principal, premium, if any, and interest on the Bond and all other covenants, undertakings, stipulations, provisions and agreements contained in this Mortgage, the Bond and any other documents delivered in connection with any of the foregoing are not and shall not be deemed to (i) represent a debt or pledge the faith or credit of t' Issuer or (ii) grant to the Bondholder, directly, indirectl:' . contim'c!ntly, any right to have the Issuer levy a'1Y taxes r appropriate any funds to' the payment of principal, premium, if any, or interest on the Bond, such payment or other obligation to be made or satisfied solely and only out of the rentals derived from the leasing of the Project, including, but not limited to, the Lease, and from any other security pledged pursuant to this Mcrtgage or the Assignment of Rents. Section 2.03 Extensions of Payment of Bond and Interest. It will not directly or indirectly extend or assent to the extension of the due date of any installment of principal, premium, if any; or interest on the Bond, or of the maturity of the Bond or any principal installment thereof, or the time of payment of any of claims for interest thereon. Section 2.04 Authority of the Issuer. It is duly authorized under the Constitution and laws of the State of Nebraska to acquire the Project, to create and issue the Bond, to execute ,md deliver this Mortgage and assign, pledge and mortgage to the Bondholder the Mortgaged Property, including the net revenues and income of the Project, and to make the covenants as herein provided. All necessary action and proceedings on its part to be taken for the creation and issuance of the Bond and the execution and delivery of this Mortgage and the Assignment of Rents have been duly and effectively taken and the Bond in the hands of the Bondholder is and will be a valid -9- u L -.J I L.....