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~ accrued and tinpaid interest thereon throuah the date fiYed for prepayment thereof and ~~~ith~tit <br />? pr~niiun~: ` <br />_ ` <br />~ ~. F~~i. :... .~ , t~i t- t <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />Il <br />I? <br />13 <br />1 ~l <br />I~ <br />16 <br />17 <br />18 <br />19 <br />?o <br />~~ <br />I ~Cncna~~r~nnr g~B I gorn~~ I <br />(C) PREPAYMENT UPON DAMAGE, DESTRUCTION OR CONDEMNATION. The principal <br />components of the 1998 Certificates are also subject to mandatory prepayment in whole or in part <br />in the event that: <br />(1) the County Facilities, or any portion thereof, shall have been damaged, destroyed <br />or condemned; <br />(2) the County shall fail to elect (by written notice delivered to the Trustee within six <br />months from the date of such damage, destruction or condemnation) to repair or replace such <br />damaged, destroyed or condemned County Facilities; and <br />,~ <br />'-~ (3) the Net Proceeds realized by the County from any insurance payment or a <br />?~ condemnation award paid in respect of such the damage, destruction or condemnation of the <br />?~ County Facilities equal or exceed the sum of $1.000,000.00. <br />?6 <br />?7 Any prepayment pursuant to this Section 204(C) shall: <br />~g <br />'-9 (i) take place on the earliest date for which the requisite notice of prepayment can be <br />3o given, <br />31 <br />~? (ii) be in an amount equal to the Net Proceeds realized by the County from any <br />33 insurance or from a condemnation award paid in respect of such the damage, destruction or <br />3~ condemnation of the County Facilities, but rounded down to the nearest integral multiple of <br />~~ $~.000: and <br />36 <br />~~ (iii) be at a prepayment price equal to 100% of the principal components to be <br />38 prepaid plus accrued and unpaid interest thereon to the date fixed for prepayment. <br />39 <br />FINANCINC AND TRUST AGREEMENT PACE 17 <br />