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~i ARTICLE VII $1--l~ti~i05~ INVESTMENTS Section I. Moneys held for the credit of any fund or account under this Mortgage shall be kept invested and reinvested by the Trustee in direct obligations of or obligations guaranteed by the United States government; or in beneficial interests or shares of any trust or investment company which invests only in direct obligations of the United States government; or in obliga- tions issued by, or the joint obligation of, any of the Federal Land Banks, Federal Home Loan Banks, Federal Intermediate Credit Banks, or Banks for Cooperatives under the supervision of the Farrn Credit Administration or by the Federal National Mortgage Associa- tion which are guarantee3 by the government National Mortyage Association; or in direct and general obligations of any state of the United States, or any political subdvision thereof, provided that all the taxable real property within such political sudivi- sion shall be subject to taxation thereby to pay such obligations and the interest thereon; or in time deposits or negotiable or non-negotiable certificates of deposit issued by any bank, trust company, or national banking association, including Trustee itself, which is a Member of the Federal Deposit Insurance Corporation and has capital stock, surplus, and retained axrnin.is aggregating at least ~1,U[7t~.a00, provided, however, such cablfga-~ tions shall have maturity dates or shall be subject to redemption or sale by the holder, at the option of the holder, on or caricar tc, the dates the funds will be needed. Section 2. Obligations so purchased as .an investment ref moneys shall be held by or under the control of the Trustee eml shall be deemed at all times a part of the fund or account fr:~m which invested, and the interest accruing thereon and any profit realised from such investments shall he credited tie such fund ot~ account, and any loss resulting fro+n such investment shall br chac3ed to such fund or account. The Trustee shall sell and reduce to cash funds any such investments upon written advice from Lessee. 7-a