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~ 1 Certificates affected thereby shall have consented in writing to the executii <br />2 Supplemental Agreements, which consent of such Owners shall be solicited by <br />3 manner provided in Section 703; provided, however, that nothing contained in <br />4 permit any of the following except upon the written consent of the Owners of 1 <br />5 principal amount of Certificates Outstanding and affected thereby: <br />6 <br />7 <br />8 <br />9 <br />l0 <br />12 <br />13 <br />14 <br />15 <br />16 <br />t7 <br />18 <br />,„ <br />:y <br />20 <br />21 <br />~2 <br />3 <br />24 <br />25 <br />26 <br />27 <br />L 2S <br />(a) an extension of the maturity of the principal of or the interest <br />issued hereunder; <br />(b) a reduction in the principal amount of any Certificate or the <br />thereon; <br />(c) a privilege or priority with respect to any Certificate or <br />Certificate or Certificates; <br />(d) a reduction in the aggregate principal amount of the Ce: <br />consent to such Supplemental Agreement or Agreement amendment; <br />(e) a release of any Security for any Certificates except as <br />permitted by this Agreement or the Agreement; or <br />(~ an amendment of this Article VII. <br />of such other <br />; Trustee in the <br />s Section shall <br />percent of the <br />any Certificate <br />of interest <br />over any other <br />required for <br />expressly <br />SECTION 703. MANNER OF OBTAINING OWNERS' CONSENT TO AMENDM NTS~ FAILURE <br />TO OBJECT DEEMED CONSENT. If at any time the County shall request the consen of the Trustee <br />to any such proposed amendment of this Agreement, the Trustee shall, upon bei g satisfactorily <br />indemnified with respect to expenses, cause; ' '~ <br />29 - (1) a copy of the proposed amendment to be delivered to the Insurer ot less than 30 <br />3o days pzior to the proposed effective date thereof, which copy shall be ac mpanied by a <br />31 request; for the Insurer to consider' consenting in writing to the executio , delivery and <br />32 effecti~~ness of such proposed amendment; and <br />33 <br />34 :' = (2) notice of such proposed amendment to be given by first-class mai to the Owners <br />35 of the Outstanding Certificates affected thereby at the address shown on he registration <br />36 books maintained by the Trustee. <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />~ <br />Such notice to the:Ovune"rs shall briefly set forth the nature of such proposed amend ent, shall state <br />that copies of the instrument embodying the same are on file at the corporate trust o erations office <br />of the Trustee for inspection by all Owners and shall expressly state that the failure f the requisite <br />number of Owners to protest or object in writing as provided below shall constitut consent. <br />FINANCING AND TRUST AGREEMENT <br />PacE 45 <br />