|
82--~~~t1_~ `~?
<br />delivered: to the. Issuer, declare the principal of all bonds
<br />hereby secured then ontst di d th
<br />s an ng, an a interest accrued,.
<br />thereon; immediately due and payable; subject, however, to-
<br />the right of the owner of a majority in aggregate principal'
<br />amount of bonds then outstanding hereunder, by written notice
<br />to the Issuer and to the Trustee, to annul such declaration
<br />and destroy its effect at any time if, before such- payment
<br />upon the bonds, all covenants with respect to which default
<br />shall have been made shall be fully performed or made good.,
<br />and ail arrears of interest upon all bonds outstanding
<br />hereunder and the reasonable expenses and charges of the
<br />Trustee, its agents and attorneys, and all. other indebted-
<br />ness secured hereby, except the principal of any bonds which.
<br />have not then attained their stated maturity and interest
<br />accrued on such bands since the last interest payment date,
<br />shall be paid, or the amount thereof sha11 be paa..d to the
<br />Trustee for the benefit of those entitled thereto.
<br />Section 9Q3. Upon the occurrence of an event of default,
<br />the Issuer, upon. demand of the Trustee, shall forthwith
<br />surrendor fhe possession of, and it shall be lawful for the
<br />Trustee by such officer or agent as it may appoint, to take
<br />possession of, all or any part of the mortgaged property
<br />~+th the books, Papers and accounts of the Issuer pertaining
<br />thereto, and to hold, operate and manage the same, and from
<br />time to time. to make ail needful repairs and improvements as
<br />by the Trustee shall be deer:ed wise. fihc Trustee may lease
<br />the prajec.~, or any pa _ thereof, in the name and for the _
<br />account of tkxe Issuer, and collect, receive and sequester
<br />the rents,. revenues, issues, earnin;s, income, prouucts and
<br />profits.. therefrom and out of the sage any moneys recei~;eci
<br />fro.n any receiver of any part thereof pay, andlor set up
<br />prope_ reserves for the pa~~nent of, all proper costs and
<br />-e:tptMS~s a.£ so: taking, holdix.g and managins the same, includin;
<br />r~aa~•tahlt~ compensation to the Trustee, its. agents and
<br />co~3rse1, a .,i az~y charges o£ the Trustee hereunder, anti any
<br />ta.•;~s a;:~i as:ess~:ent~ and rather charr,es pr,i.ar to th;~ lien as
<br />,.. I „,'• _~. :,~hs:eh the 'i~rustee ~,aj deem it ~:ise to ^ay,
<br />_~_
<br />
|