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82001123
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Last modified
3/9/2009 11:26:49 PM
Creation date
2/27/2009 5:00:41 PM
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DEEDS
Inst Number
82001123
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'u <br />(c) If the principal of all the bands shall have beer.. <br />declared due and payable, and if'such:declaration <br />shall thereafter have: been rescinded and annulled';: <br />under the provisions. of Section 9(?2,,n the_-event <br />that the principal of all bonds sha11 later become <br />due or be declared due and payable, the moneys:- <br />s'nail be applied in accordance. with the provisions: <br />of Paragraph (a~ of this Section. <br />Whenever moneys are to be applied by the Trustee pursuant.; <br />to the provisions o€ this Section, such moneys shall be: <br />.applied by it at such times, and froze time. 4.o tine, as it ~ <br />shall determine, ?raving due regard to the amount of suer. <br />m,cneys available for application a, d t:-~e likelihood of <br />• ado'itionat Honeys becomi^~g available. for such application in <br />the future. Whenever the Trustee. sha11 apply such funds, it <br />s;na11 fix the date (which shall be an interest payment date <br />unless it shall deem another date more suitable) upon which <br />such application is to be made and upon such date, interest <br />an the amounts of principal to be paid on such dates shall <br />cease. to accrue. The Trustee shall give such notice as it <br />may deem appropriate of the deposit with it of any such: <br />moneys and of the fi~ir. of any such date, and shall not be <br />recuired to raa'~te pay:i:ent to t,ie owner of ar.}~ bo,.d until such <br />band shall be present^d to the Trustee for appropriate <br />endorsement or for cancellation if fu11y paid. <br />See*_ion 904, All rights of action (includin the ri~,ht <br />tt+ file pranf of elair> under this Indenture and the Lease, <br />or under- any o;f the bonds, may be enforced by the. Tr-..stee <br />. ~ritho,at tide possession of any of the bonds or coupons or the <br />pad:etion:thereof in any trial or other proceedings relating <br />t ~~eto ar>d any such suit or proeeeciin instituted by the <br />_~~stec staall be brow&ht in its na€sze, as Trustee, witFxout <br />th+_ :~e~esaity of jnininb"as plaintif£,s or defendants any <br />o z r~ of the bends hereby secured,. and any recovery of <br />~t ,rae s't.:.ii 5e for t`tze equ,~l benefit of the o;.{ne,rs of the <br />qu;.~.tui '_:t;; bo~.~.;, and coupoz:s of all series ~,it!aout prc.ferc:nc~ <br />car ~3i~:,_ zc.tion 8~tweez°z ser:~es of bonds issaec he4eub der. <br />..~^_ <br />
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