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. ~,~UNS wC <br />RS CLEt~f~NTS <br />C~ 004/004 <br />PAGE 04 <br />Draft 8/31/9$ <br />1' Certi The County may issue up to S2.2S miltion in addiiional Certificates <br />nn the cvent gzoceeds of this issne are fnsnfficient to complete tha <br />Project. Refundutg Certificatas may be issued upon reqe~sc of the <br />Cannty snd withaut the consant of Series 1998 pyyners jf the debt <br />se:vlce due in each fiscal yea.r on the refiu~ding Certiflcates daes not <br />exceed by moie tban SS,000 the debt aetvico dn~ in the same 8sca[ <br />Year on tb~ r~funded Certificates. Parity Cert!$cates ~ay be isaued <br />far otber purposes with the consent af a m~ori#y of the $e,des 1998 <br />owners if the 1998 Ceitificates ~rg. Qpt a~~ ~~e6 19981s <br />insnred, add3tianal Certif~cates auy be issuod withaut the consent of <br />tbe Senies 1998 owners, but with the consent of the Series 1998 <br />II38l1I~I. <br />~n-Rnvronriaha~~ ~t the eveat the County fails to apgropriate fiutcls su~ciont to pay <br />annual ciebt service is exhausteci. the abligaiion of the County to <br />ma~ce p~ymonts shall ternnir~ate sad ternunatian s6a11 not constttute <br />aa evertt of default. In su.ch eve~tt thc Trusi~c m3y termenate the <br />County's right to occupy the projett and use its best e$'ort to enter <br />into a qualifyfng rcplacement tease (or ieases) su~'icieat to ncover <br />remals ai least eqval to the amount requireod to meet Qebt sen~ice and <br />maintain nc~ Pro~ect. <br />~t•~aMrHnce: The Countv ~~ril) prw-ide far aIi nc~r,t.Al flnA cnctnmart ~ <br />~ <br />s interni tfcm 3nsurance) for ttte project. ~~ <br />Prc-iecx MaintenA~nce: Thc County wi1,,L~cn,enant to maintain the Praject to comm~rriatly <br />acccptabte srandards. <br />No - ternc : chack with Eiaowski <br />Bond Insurance: <br />R tin s <br />~ ~_~, <br />~`low of I~nd~: (lo be co~npleted when details oflndenture mid Ftnancing <br />.~tgreement are losow») . <br />~ tt ' <br />~ ` Q~~ ~~~ rC; C~" (J~-~ d Q+~ I~e ~ <br />d, <br />I~ .~. <br />~.ehc~ ~,~u.~. cc~ ~~ Ys L~ r~ <br />~`,~~ f C. ~-, ~ (~ <br />~ <br />,, <br />