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69/91/199E 18:13 5632E94145 RS CLEMENTS P~GE 04 <br />. . <br />Uraft 8~3.~/98 <br />ComnletioNParitv Certificates: The Couniy may issue up to 52.25 million in additional Certificates <br />in the event proceeds of this issue are ins~ifl'icient to complete the <br />PmJect• Refunding Certificates may be issued upon reqvest of die <br />Counry and without the consent af Series 1998 owniers if the debt <br />secvice due in each fisca,l year on the refiu~ing Certifxcates does not <br />eaceced by more than ~5,000 the debt secvice due in the same fiscal <br />year on the refunded Certificates. Parity Certificates may be issued <br />for otber purposes with the oonsent af a majority of the Sezies 1998 <br />owners if the 1998 Cerrificates z-ot insured, If Series 1998 is <br />insured, additional Certificates may be issued without the consent of <br />the Series 1998 owners, but with the consent of the Series 1998 <br />insiu~er. <br />Non-ApDrODriatiou; In the eveni the County fails to appropriate funds suflicient to pay <br />annual debt service is exhausted, the obligation of the County to <br />inake payments shall terminate arnd termination st~all not consdtute <br />an event of default. In such evettt the Trustee may terminate the <br />County's right to occ~py the Project and use its best effort to enter <br />into a qvalifyiag replaeement lease (or leases) sufficient to recover <br />rentals at least equsl to the amount required to meet debt service and <br />maintain ihe Project. <br />Insurance: The Courtty will pru~~ide for all notmal and cnstornary insuranee <br />covcrage (including business interruption insurance) for the project. <br />Proiect lV~aintenance: The County wilI covenarit to maintein the Project to commercially <br />acceptable srandards. <br />Non-Abatement: check with Einowski <br />Bond Insurance: <br />Ratin~s: <br />Flow of Pt~nd : (to be completed tivhen details oflndenture and Financing <br />Agreement are known) <br />