81006059 - Laserfiche WebLink

Browse

$~-- t~U605° semi-annually or annually on statements rendered by the Trustee and Paying Ages` A31 such additional rent payments received by the Trustee under said Lease and Agreement shall not he paid into the Bond Fund but shall be set up in separate accounts appro- priately designated to identify the particular account, and shall be expended by the Trustee solely for the purpose for wh~.ch said additional rent payments are •eceived, and the Tnlstee hereby agrees to so establish said accounts and to make payments there- from for said purposes. Section 8. All moneys required to be deposited with or paid to the Trustee under any provision of this Mortgage ar the Lease and Agreement shall be he13 by the Trustee in trust, and except for moneys deposited with or paid to the Trustee for t'~? cede;ngtion of Bonds, notice of the redemption of which has been duly given, shall, while held by the Trustee, constitute part of the trust estate and be subject to the lien thereof. Moneys deposited with the Trustee for the redemption of 9onds shall be held for the account of such Bonds. Section 9. Reference is made± to Sections 13.2 antil ii,3 of the Lease and 4greement ~rherety it is pr~..jr~e~ rt~at in Pertain circumstances insurance and condemnati;~n oroceeds ;ire to ~ ~i;l to the it ilat~~ a9~ ~2!;roaitc~ I~ s3 t~ilat ~~~ia ur"1~ ~~ ~sa~n~~~-~ "~c~r_tstru~tion A~ce3uni• a_nd to be diat~u*~ae.? as thersa9 ~r=~~i'?~~a and reference is also made too othee pf~visic>ns of the t~asa are=# Agreement whereby it is provide:i that in various circu~satancaa funds are to be deposited in the Bcind [*un.9, ,~s well as other p~°c'~- visions of the Lease an~I Agree+aent umjer whickj tYie 'grustee ~;a~.° be called upon to act. The TrusCer; h~srrt,y accepts anti a~.;r+~es tax perform the duties and r~bligationa as therein ~c~recified an=1 ;~~~.~gly with any directions in the Lease and Agreement with respr~ct tea tore application or money r~eeived from any saut~4e wnatsn~ver anc~ t;, make payment to Lessee of moneys required to be paid tv it t<y the Lease and Agreement, Section 10. After payment or provision Eor payment in full of the Bonds, interest, redemption premium (if any), expense'; 5-d