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81006059
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Last modified
1/14/2010 11:30:22 PM
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1/14/2010 11:28:11 PM
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DEEDS
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81006059
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tt~~~~~ <br />a~:thoriaes an3 directs the Trustee to withdzsw funds from the Tsond <br />Pund {subject to `~+° provisions of Section 4 of this Article V) in <br />mounts sufficient to meet installments of interest or principal <br />upon the `Sonds, when due or on earlier redemption. The Trustee <br />hereby accepts such authorization and direction. <br />Section 5. In the event any Sonds shall not be pre- <br />sented for payment when the principal thereof :~ecomes due, either <br />at maturity or otherwise, or at the date fixed for redemption <br />thereof, or if any interest coupons have not been present?d for <br />payment when due, if funds sufficient to pay such Sonds or inter- <br />est coupons shall have been made available to the Trustee for t!ie <br />benefit of the Holder or Polders thereof, all liability of the <br />issuer to the Holders thereof fqr the payment of each Bands o. <br />interest coupons, as the case may be, shall forthwith cease, <br />determine, and be completely discharged and thereupon it shall `~ <br />the duty of the Trustee to hold such fund or finds, without lia- <br />bility for interest thereon, for a period of six (62 ysars after <br />all Sonds shall have matured or been called for redemption, far <br />the benefit of the Holders ~~£ such Bonds or the per~~unti antiClei <br />to such interest. as the case may be, who shall thereafter qe <br />restricted exclusively t:a such fund c,r €unJs far env giai~ qt <br />,.~ ~:.. r} ~ ~n$~ ~,~g~age ~3r :,~_ _3r wi=_.= <br />whateve_ natu_ qn _h__~ ga£ and r -.- - --___y _ - <br />respect to, such Stands or interest cS7uPOns. At the 3xpsaCi~n ~~£ <br />such six-year period, any unclaimed principal qr interest shz~ll ne <br />Bald to Lessee and thereafter all claimants shall be r~stri~te;i <br />exclusively to making claim against Lessee fear such principal ,~r <br />interest. Lessee shall have no liability fqr i.ntee~st an any =~~~~. <br />funds paid to it and shall not be reyuire9 to hold such €unds in <br />trust nor to, in any manner, seyreyate such €unrl~ 3n its bggk=, <br />Section 7. It is understood and agree,9 r.hat pursuant t~~ <br />khe provisions of the Lease and Ayreernent, the Less~a .syra~,~ t;3 <br />pay as additional rent the fees and expenses of the Truster, th.~ <br />F'ayina Agent €or the Bonds, and the other charges and expenses <br />payable to the Trustee qr Payiny Agent as authorized and pr~vide:l <br />by this Mortgage. Said Lessee is to make such payments either <br />5-c <br />
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