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2A4 gj j~u~0~ti1~~ Company, upon completion of the Project or Additional Improve--nts, if any, all of the Issuer's rights to and inter=:st in and under any maintenance or surety bonds or warranties respecting quality, durability or workmanship obtained by the Issuer in connection with the completion of the Project or Additional Improvements, if any, or any part thereof, an~i give to the Company the right to take action, at the Company's sole cost and expense, in the name of either the Company or the Issuer, for the enforcement of such bonds and warranties; and all benefits and recoveries accruing therefrom during the term of the Lease shall be retained by the Company. Section 704. Covenant Against Any Lien, Encu:abrance or Charge Upon the Project. The Issuer covenants that it will not create or suffer to be created any lien, encumbrance or charge upon the Project, or any part thereof (other than such as may be imposed by the execution of the Lease or any other lease herein authorized or by this Indenture) or upon the Revenue and other moneys, including the Basic Rent and other rents, charges or other income therefrom, except the lien and charge of the Bonds secured hereby upon the Revenue and such other moneys, and that, from the Revenue and other available funds, it will pay or cause to be discharged, or will make adequate provision to satisfy and discharge, within sixty (6Q} days after the same shall accrue, all lawful claims and demands for labor, materials, supplies or other items which, if unpaid, might by law become a lien upon the Project, or any part thereof, or the Revenue or such other moneys; provided, however, that nothing in this Section contained shall require the Issuer to pay ar cause to be discharged, or make provision for, any such lien, encumbrance or charge so long as the validity thereof shall be contested in good faith and by appropriate legal proceedings; and further provided, that nothing in this Section contained shall require the Issuer to pay or cause to be discharged, or make provision for, any such lien, encumbrance or charge which is identified and accepted under the owner's/mortgagee's title insurance policy. Section 705. Assi ent to Bondholders of Ri hts tinder Lease. The Issuer hereby gives, assigns an p edges to e holders from time to time of the Bonds, as additional security for the Bonds, the right and privilege, in addition to all other rights vested in and remedies available to such Bondholders, to enfoxce either jointly with the Issuer or separately and in conformity with the provisions of this Indenture, the performance of the obligations of the Company under the Lease. Section 706. A ointment of Project Mara er. The Issuer covenants that ~.t wi 1 cause the S eases to appoint a Project Manager and an Alternate Project Manager, empowered to take all actions and make all certificates required under the provisions of this Indenture. In the event either of said persons, or any successor appointed 52 J