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<br />r ~2- t~~25~~~ <br />Section 5.02-: Creation of Bond Fund. There is hereby <br />created by Issuer and ordered established with Trustee-a <br />trust fund 'to be designated "The Cnunty`of Ha11, DTebraska' <br />Industrial Development: Rever_ue Bond Furd, Co„rynuts, Inc. <br />Drojeet,~~ which shall be used to pay when due the principal <br />Of and pYemium, if any, and in~erest or.-the: Bonds. <br />Section 5.03. Paynents`into Bond Fund. There shall be <br />deposited into the Bond Fund a1Z accrued interest received, <br />if any, aL the time of the is uance, sale and delivery of the <br />Bonds..: in addition, there sha11 be deposited inter the Bond. <br />Fund,"as and when rece:~ed, (a) any amount in the Ccnstruc- <br />tion Fund :directed to 5e paid'intothe Bond Furd in accord- <br />ance:with 'the provisions of Section.4:5 of the Agreenent; lb) <br />all rent payments specified in Section 5:2(a) of the Agree- <br />meat; and (c} all other moneys. received by Trustee under. and <br />.....pursuant to any of the-provisions of the Agreement which,are <br />required or'which are-sccompahied by directions that such <br />moneys are to be 'Jail into the Bord Fund. Zssuer hereby. <br />covenants ahd agrees that so long as any_of .the 3onds issued <br />hereunder are Outstar_ding it will deposit, or cause to be <br />paid to Trustee for deposit in the Bond Eund for its account, <br />s+ifficien*_ gums from. refits and other amounts 'derived from: t_he <br />..Project, whether or r_ot under ahd pursuant to the 2;greene*:t, <br />promptly to, pay .when due the principal of and premiu*n, if <br />any, and interest on ahe Bonds as the sane become due and <br />payable. <br />Section. 5.04:. Use-of Moneys; in Bond Fund. Except as <br />provided in-Section 5.11 hereof, moneys in the Bond Fund <br />shall be used solely for the :payment of ..the principal of and <br />premium, if any,-and interest.. on the Bonds and *"or the <br />redemption of the Bonds prior'to maturity, <br />Section 5.05. Custody of Bond Fund. The Bord Fund <br />shaPl be ~n he custody-of Trustee but in the name of Issuer, <br />.and Lssuer hereby authorizes and directs'Trustee to withdraw <br />suffacient funds from the Bona Fund:.. to pay the principal of <br />and premium,:'if any, and interest or. the Bonds as the lames <br />become-due. and payable, which<autho'rization'and direction <br />Trustee hereby accepts. <br />Section'S.06. Construction Fund. :There is hereby <br />created and established with Trustee a.trust:fund rn the r_ame <br />of Issuer to-be designated`"The County of Hall; Nebraska <br />Zndustrial,Development Revenue Bond Construction Fund, <br />Gornnuts, Inc. Project,"',:which small be expended in accord= <br />ante with the provisions<of-the Agreement: <br />.22_ <br />