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f <br />s~~a~J1 ~~ <br />Bonds as the same become due, and under which lease the. <br />Lessee has undertaken to pay the costs of maintenance-, <br />insurance and taxes and other expenses of and impositions on <br />the Project. <br />The Bonds and the interest shall never constitute nor <br />give rise to a pecuniary liability of the Issuer or a charge <br />against its general credit or taxing powers. <br />Rental paymenta sufficient for the prompt payment when. <br />due of the interest on and principal of said Bonds are to be <br />paid to the Trustee for the account of the Iss>>er and deposi- <br />ted in a special account created by the Issuer and have been <br />and are hereby pledged for that purpose. In addition, t2ze <br />Bonds are secured by a mortgage on a portion of the Project <br />constructed and acquired with the proceeds of said Bonds, <br />and by a security interest in and to certain other portions. <br />of the Project. <br />It is hereby e:,pressly declared, and the registered <br />owner hereof by acceptance of this Bond hereby consents, <br />that the Bonds of the series represented hereby shall not <br />have or be entitled to any priority ever the Bonds of any <br />other series heretofore ar eereafter issued under the Inden- <br />ture> with respect co said pledge of rental payments or with <br />respect to the lien of the Indenture, and that any series of <br />Bonds keretofore or hereafter issued under the Indenture <br />shall be on a parity, with respect to said pledge and lien, <br />with the Bonds of all series theretofore issued under the <br />Indenture: provided, however, that only the. Series 1982 Bond <br />having a final installment of principal duo :larch i, 1984 <br />shall be additionally secured by a personal bond buaranty <br />identified in the indenture and that anl:~ the registered <br />owners of those Series 1982 Bonds havin;~a final installment <br />of principal due :arch 1, 1993 shall haue the right and <br />option of causing the acceleration <af the maturit~~ of their <br />Series 1982 Bonds in the manner provided foa° Herein and in <br />the Indenture. <br />The Registered owner of this Bond shall :lave na right <br />to enforce the provisions of t:ae Indenture cr to institute <br />action to enforce the covenants therein, ar to take any <br />action with respect to anw event of default under the Inden- <br />ture., or to institute, appear in or defend any suit or other <br />proceedings with respect thereto, except as provided in the <br />Indenture. In certain events, on the conditions, in the <br />manner and with the effect sCt forth in *_he Indenture, the <br />principal of all the Bonds issued under the Indenture and <br />then outstanding may become or may be declared due and <br />payable before the stated maturity thereof, together with <br />interest accrued thereon. :iadifications ar altezations of <br />the Indenture. or of any supplements thereto, and release of <br />parts of the property mortgaged tray be anode only to the <br />extent anal in the circa.amstances peranitted by the Indenture. <br />This Band is transferable by the registered owner <br />hereof,. in person or by its attorney dui;s authorized in <br />writing., at the principal office of the Registrar but. only <br />in the manner, s~:sbject to the limitations and upon payment <br />of the charges, if any, provided in the Indenture, and upon <br />the presentation hereof to the Registrar for notation of <br />such transfer he~eoaz by the Regis~rar. <br />IT IS ~RE.BY CEFtT`IFIED, RECITED :~iitiD DECLARID that all <br />actg. cora3it:c~ns and things required to exist, happen and, be <br />peg fcarm.ed ^rececent to rand in the execution. and deliverer of <br />t`ie ~~~,, tore and the issuance of this Bond do exist, 'ztave <br />~:x~'pc ze.~: and have l;e~en per: ormed in due time. for. r^ and. <br />r:,~~r~e~ :as rewired by law; that t"tae issuance of this Bland. <br />a::%~ t:ae series of which it forms a part, together rvit?a all <br /> <br />