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I 82-= `~~}~5~~; -be waived; neither Issuer nor aryoune claiming through or under-it shall-set up, clan or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws of any jurisdictior. now or hereaft.zr in force in order to prevent or hinder-the enf~~rcement of this Indentures-arid Issuer, for itself and all who may claim through or under it, 'hereby waives, to the `extent that it lawfully may. do so, the benefit of all such laws. Section 9.08. Application of Mo~evs. All moneys 'received by Trustee pursuant to any right given or actior. `taken under the provisions of this Article shall; after payment of the costs and expenses of the..proceedingsresult- ing in the collection of such mcr_eys and of the expenses, liabilities and advances incurred or mace by 2'rustee, be deposited in the-Bond. ~ur_d`, and "all moneys in' t,~e Bond Fund shall be applied as follows. (a) Unless .the .principal. of ail the Bonds.. s all .have became or shall have been dec ared due and payable, all such moneys shall. be aaplied: =IRST - To the payment to the persons entitled thereto.. of a1i installments of interest then due on the Bonds,`3n the order of the materty of the installments of such interest begnhing with the earliest such maturity (with .interest on'overdue installments of such interest; to the extent oer- mtted ny law,. at the Late Payment Rate).:and, if the amount available sna11 not be suf°icient to pay in full any particular-installment, then to-the payment ratably, according to the amounts due on .such installment, to the ;oersora entitles.-' thereto, wit-rout any disc:.lminat3on dr ~ri:vilege; a_nd SECOND - To the aayment to the _oersons entitled thereto of the ;unpaid arincipai of and premium, if any, on any of the Bonds, which shall have become due {other than Bonds matured or previously called for redemption, 'or the payment of which moneys are held pursuant to the nrovi signs of this Indenture), in he order of their due dates ar_d beginning: with. the earliest-due, date (with interest on overdue installments of principal and premium; if any, to the' extent permitted by law, ,at the Late, Payment Rate). and,-if the amount available shall not be 'sufficient to pay in full Eonds due on =ny paticu ar date;` then. to therpaymert ratab3y, .according to the amount bf principal due on such -31- i