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... <br />~l- t~~~05~ <br />event that the principal of all the Bonds shall later <br />became due or be declared due and payable, the moneys <br />shall be ~<< lied in accordance with the provisions of <br />paragrapn {a) of this section. <br />Whenever moneys are to be applied by the Trustee pur- <br />suant to the provisio:s of this section, such moneys shall be <br />applied by it at such times, and from time to time, as it shall <br />determine, having due regard to the amount of such moneys <br />available for application and the likelihood of additional moneys <br />becoming available far such application in the future. Whenever <br />the Trustee shall apply such funds, it shall fix the date (which <br />shall be an interest payment Sate unless it shall deem another <br />date more suitable) upon which such application is to be made anal <br />upon such date, interest on the amounts of principal to be pail on <br />such dates shall cease to accrue. The Trustee shall give such <br />notice as it may deem appropriate of the depasit with it o€ env <br />such moneys and of the fixing of any such Sate, and shall not be <br />required to make any payment of principal to the t}wner of an,r <br />Bonds or coupons until such Bond or coupon shall be presented to <br />the Trustee for appropriate endorsement ac far cancellation z` <br />fully paid. <br />section 1J. ~,ll rights pf action (including -~e r~tat <br />to file proof o€ claim) under this hlortyage, car ~,nder any o€ the <br />Bonds, may be enforced by the Trustee without the €~c~sseaaoR ~f <br />any of the Bonds or by the graduction thereof in any trial :~r <br />other proceedings relating thereto and any such suit pr Qro~ee^iin <br />instituted by the Trustee shall be brought in it.. n?~~aa, as <br />Trustee, without the necessity of joining as plaintiffs, ar :le[rnm <br />Banta, any Qwner of the Bonds hereby ~e~cure~l, «~nd any r+~c+av~ ry w'€ <br />judgment shall be for the equal benefit a[ th+r ~wnera a trte <br />autstandinq Bonds and persons entitled to interest, <br />section 11. No Qwner of any Bond shat! have an ri~sht <br />to institute any suit, action, ar proeeedincls in equity 4?r at taw <br />for the enforcement of this Mortgage or for the execution of any <br />trust hereof, or for the appointment of a receiver, or any other <br />remedy hereunder, unless also an event of default has occurred of <br />which the Trustee has been notified, as pravided in paragraph (gI <br />9-h <br />