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81006050
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Last modified
1/14/2010 11:27:18 PM
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1/14/2010 11:25:20 PM
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DEEDS
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81006050
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2A4 <br />O ~± <br />Section 962 of this Indenture, to protect and enforce its <br />rights and the rights of the Bondholders under the laws of <br />the State _s_ under this Indenture by such suits, actions or <br />special rroceedings in equity or at law, or by proceedings <br />in the office of any board or officer having jurisdiction, <br />either for the specific performance of any convenant or <br />agreement contained herein or in aid or execution of any <br />power herein gz~anted or for the enforcement of any proper <br />legal or equitable remedy, as the Trustee, being advised by <br />counsel, shall deem most effectual to protect and enforce <br />such rights. <br />In the enforcement of any remedy under this Indenture, <br />the Trustee shall be entitled to sue for, enforce payment of <br />and receive any and all amounts then or during any default <br />becoming, and at any time remaining, due from the Issuer foz <br />principal, interest or otherwise under any of the provisions <br />of this Indenture or of the Bonds then unpaid, with interest <br />on overdue payments of principal at the rate or rates of <br />interest specified in such Bonds, together with any and all <br />costs and expenses of collecticaz and of all proceedings <br />hereunder and under such Bonds, without prejudice to any <br />other right or remedy of the Trustee or of the Bondholders, <br />and to recover and enforce any judgment or decree against <br />the Issuer, but solely as provided herein and in such Bonds <br />for any portion of such amounts remaining due, and unpaid <br />and interest, costs and expenses as above provided, and to <br />collect (but solely from moneys in the Eond Fund and any <br />other moneys available for such purpose) in any manner <br />provided by law, the moneys adjudged or decreed to be <br />gayable. <br />Section 804. Pro Rata Application of Funds. Anything <br />in this Indenture to the contrary notwithstanding, if at any <br />time the moneys in the Bond Fund together with the moneys in <br />the Bond Reserve Account shall not be sufficient to pay the <br />interest on or the principal of the Bonds as the same shall <br />become due and gayable (either by their terms or by <br />acceleration of maturities under the provisions of <br />Section 802 of this Article), such moneys, together with any <br />moneys then available or thereafter becoming available for <br />such purpose, whether through the exercise of the remedies <br />provided for in ±his Article, or otherwise, shall be applied <br />as follows: <br />(a) unless the principal of all the Bonds shall have <br />become or shall have been declared due and payable, all such <br />moneys shall be applied <br />first: to the payment to the persons entitled <br />thereto of all installments of interest then due and payable <br />in the order in which such installments became due and <br />payable and, if the amount available shall not be sufficient <br />to pay in full any particular installment, then to the <br />payment, ratably, according to the amounts due on such <br />installment, to the persons entitled thereto, without any <br />59 <br /> <br /> <br /> <br />
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