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2P,4 8I- ~~~~~~";,> thereon as the same become maturity thereof or the thereof rrior to maturity. author~zstian and direction. due and payable, either at the date fixed for the redemption The Trustee hereby accepts such Section 505. Notice of Purchase or Redemption of Bonds Trustee. Upon the retirement of any Bonds by purchase or redemption, the Trustee shall file with t'~e Issuer and the Company a statement briefly desribing such Bonds, and setting forth the date of their purchase or redemption, the amount of the purchase price or the redemption price of such Bonds, and the amount paid as interest thereon. The expenses in connection with the purchase or redemption of any Bonds shall be paid by the Company pursuant to the Lease to the extent that sufficient funds therefor shall not be available, when needed, in the Bond Fend. Section 506. Reserve Account, Application of hereby created ~in the Bond Fund which shall be designated the Bond Fund Reserve Account (the "Reserve Aocount"). Moneys held for the credit of such Reserve Account shall be used for the purpose of paying interest, and premium, if anv_ on the Series 1981 Bonds and maturing principal of Series 1981 Bonds whenever and to the extent that moneys held for the credit of the Bond Fund shall be insufficient for such purpose. If at any time the money held for the credit of the Reserve Account shall exceed $60,000, such excess shall be transferred by the Trustee to the credit of the Bond Fund. The Reserve Account shall be funded from payments of Basic Rent for a period of five (5) years, commencing November 15, 1982, in the amounts set forth in Exhibit "E" attached hereto. Section 507. conaitions~set ar in -- is Indenture, moneys held for the credit of the Bond Fund and the Reserve Account shall be held in trust and disbursed by the Trustee for (i) the payment of interest upon the Bonds issued hereunder as such interest falls due, or (ii} the payment of the principal of such ~rxds at their respective maturities, or (iii} the p$yment of the- purchase price or red~ton price of such Bonds before maturity. Such moneys are hereby pledged to the paya~nts mentioned in this Section, provided, however, that the principal amount of the Reserve Account is hereby pledged to the exclusive benefit of the Series 1981 Bonds until such have been paid in full. Section 508. Hlone s Unclaimed for Six Years After Ma~turi~to~f Bonds. All moneys w is the Trustee s a eve reces'~-'ved for degosit to the credit of the Bond Fund or shall have received from any other source and set aside, or 45