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_._. <br />82 --~ is U ~ 5 E~ ~a <br />Sec ion 9.03. Surrender of Possession of Project• <br />Rights and Duties of Trustee ~z possession. Subect to the <br />provzsaons of Sector. 7.01 hereof, upon the. occurrence of ar. <br />Event of De£ault,'Issuer; upon demand of Trustee; shah <br />forthwith surrender, and it shall be lawful fbr Triatee, by <br />..such officer or agent as i may aopoiat, to taKe possession _` <br />of all or any part of .the ?roject together with the hooks, <br />papers and aecounts of Issuer pertaining thereto; and <br />including the rights and the position of Issuer ur_der the" <br />Agreement, and to make. ali needful repairs and improvements <br />as Trustee shall. deem wise; and to lease or sell t2-~e Project <br />or any part thereof in the name and for the account bf Issuer <br />and.. collect,. receive and sequester the-rental pa-r~rments, <br />.revenues., earnings, income; products aad profits therefrom, <br />and out of .the same ahd any moneys received from anv received <br />pay, or set up proper reserves for the payment of, all proper <br />costs `and expenses of so taking, hoidi~ig, leasing, selling <br />and managing the same, including reasoable compensation to <br />Trustee, its agents ahd counsel, and any charges of Trustee <br />.hereunder, and any taxes and assessments `and other charges <br />prior"to the lieh of this Indenture which Trustee may deem it <br />wise to pay, and ail expenses of such repairs a_~d improve- <br />ments, and apply the remainder of the moneys o received in <br />accordance with the. provisions of Section 9.OS hereof. <br />Whenever all that is due upon-the Bonds shall have been paid <br />and all Defaults:made good, Trustee shall. surrender w'rate~er <br />possession,Trustee shall -retain to issuer:; the same rigrt _of <br />entry, however,- to-exist upon any subsecuent Event of Default. <br />.While in possession of such. property; Trustee shall <br />render annually to Issuer, Gomp;any and the Bond'nolders at <br />their addresses set forth in the list i-,'the registration <br />book :requires by Sectior. 4_ 06 hereof a summarized statement <br />of ihcome and expenditures in cornectcm therewith. <br />While any Bonds are Outstanding; Zssuer shall not <br />exercise any of`the remedies.. on Default specified in Section- <br />9.2 'of the agreement without the priorwritten consent of <br />Trustee. <br />Section 9.04: Other Remedies- Ri hts of Bordholcers. <br />Upon the occurrence of an avent of Default, .Trustee may <br />pursue any available remedy by suit at law or'in equity to <br />enforce the payment of the principal of and premium; if any, <br />.and interest en the Outstanding Bonds. <br />If an Event of Default: shall have .occurred and be <br />continuing and if requested `so to do by the holders of"not <br />less-than twenty-five pzrcent (25%) in aggregate principal <br />amount of Outstanding Bonds and indemnified as provided in <br />-29- <br /> <br />