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' Illinois or any political subdivision thereof, or a charge <br /> against their general taxing powers , within the meaning of any <br /> constitutional or statutory provision of the State of Illinois. <br /> Without limiting the foregoing, the Issuer makes no representa- <br /> tion that interest on this Bond or any of the Bonds is or will <br /> continue to be exempt from federal income taxation, and expressly <br /> disclaims any liability for absence or loss of any such exemption <br /> for any reason whatsoever. Events wholly without the control of <br /> the Issuer may result in the loss of such exemption. Pursuant to <br /> the provisions of the Loan Agreement, payments sufficient for the <br /> prompt payment when due of the principal installments of and <br /> interest on this Bond are to be paid by the Borrower to the <br /> Assignee for the account of the Issuer and deposited in a special <br /> account created by the Issuer and designated "City of Decatur, <br /> Illinois Bond Fund (Pershing Development Company Project) , " and <br /> all receipts under the Loan Agreement have been duly pledged and <br /> assigned to the Assignee for that purpose under the Bond Ordi- <br /> nance to secure payment of such principal installments ar.d <br /> interest. The Loan Agreement, the Note, the Lease and the <br /> Mortgage have been assigned to the Assignee pursuant to the Loan <br /> Agreement and an Assignment and Agreement dated as of December 1 , <br /> 1985 by and between the Issuer and the Assignee. <br /> In certain events , on the conditions, in the manner and <br /> with the effect set forth in the Bond Ordinance, including an <br /> Event of Default under the Loan Agreement, the principal <br /> installments of this Bond may become or may be declared due and <br /> payable before the stated maturity thereof, together with inter- <br /> est accrued thereon. <br /> -18- <br />