Laserfiche WebLink
of Article X, Section 1, or of which by said paragraph it is <br />deemed to have r '-`ce, nor unless also such event of default shall <br />have become a Default and the Owners of fifty-one percent {518} in <br />aggregate principal amount of Bonds outstanding hereunder shall <br />have made written request to the Trustee and shall have offered it <br />reasonable opportunity either to proceed to exercise the. powers <br />hereinbefore granted, or to institute such action, suit, or pro- <br />ceeding in its own name, nor unless also they have offered to the <br />Trustee indemnity as provided in Article X, Section 1, nor unless <br />the Trustee shall thereafter fail or refuse to exercise the powers <br />hereinbefore granted, or to institute such action, suit, or pro- <br />%ecding In its own nanre7 and Such €ILtifiCahioni rer~ruest, and offAr <br />of indemnity are hereby declared in every case at the opkion of <br />the Trustee to be conditions precedent to the execution of the <br />powers and trusts of this ~Sortc~age, and to any action or cause ~~f <br />action for the enforcement of this Mortgage, or f?r the appoint- <br />ment of a receiver or for any other remedy hereunder; it veiny <br />understood and intended that no one ar more owners o£ khe n~ <br />shall have any right in any manner whatsoever to it*e4t, <i#.st',rrt~, <br />or prejudice the lien of this r9ortgaye by his 4r trieir a=~t=_=~n, =~~ <br />tL3 a#lfori'-~ any right hereunder ~xee€2t :i r s€ :i;~lr~fi~t hc~ca <br />provided, and that all proceedi€n1a at law ~r in eq=rosy ehz€ <br />instituted, had and maintained in the ~aannr?r herein <.?r~ti~rlerl ~r:-1 <br />for the equal benefit of the owners o£ all Bu mts e~utatan=iiny <br />hereunder. Nothing in this Mortgage r~ntainer9 ,,!coif, haw€ruer-, <br />r#Efect or impair the right of any s~ondholder try en€~~rce the <br />payment of the principal of and intere:~t nn any rscant9 at and artNr <br />the maturity thereof, or the obligati,an cif the ?saner t~? paY the <br />principal of and interesk on each of the Winds issued hereunc3rr t~~ <br />the reapeckive Hsl~ers thereo€ at the time, ~~lac«~. £re~m the <br />souree, and in the manner in said Bondy axpreu:.ec3, .=xcei~t <br />provided in Artiele V. erection 6. <br />Section 12. In case the 'Pruskee shalt have i>roc~ede=9 to <br />enforce any right under this Mortgage by Che appointment of a <br />receiver, by entry or otherwise, and such proceedings shall have <br />9-i <br />