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� obligations of the Issuer but are special and limited obligations <br /> secured by a mortgage on and security interest in the Project, <br /> effected by the Mortgage and any Lease Assignment, and are <br /> I payable by the Issuer solely and only out of the receipts derived <br /> f m <br /> ro the Loan Agreement and the Note and otherwise as provided <br /> herein and therein. <br /> There is hereby created by the Issuer and ordered <br /> established with the Assignee as depository, a special fund to be <br /> designated "City of Decatur, Illinois Bond Fund (Pershing <br /> Development Company Project) " (herein sometimes referred to as <br /> the "Bond Fund") , which shall be used to pay the principal <br /> installments of and the interest on the Bonds. <br /> There shall be deposited into the Bond Fund, as and I <br /> when received: (a) a sum equal to the accrued interest, if any, <br /> paid by the Purchaser of the Bonds; (b) all prepayments specified <br /> in Article IV of the Loan Agreement; (c) all payments and other <br /> amounts paid by the Borrower pursuant to Section 3. 3 of the Loan <br /> Agreement; and (d) all other moneys received by the Assignee <br /> under and pursuant to any of the provisions of or as described in <br /> the Loan Agreement and the Note or any guarantee in connection <br /> therewith. The Assignee is authorized and directed to apply <br /> amounts available therefor in the Bond Fund to the payment when <br /> due of the principal of and interest on the Bonds. <br /> The Issuer covenants and agrees that should there be a <br /> default under the Loan Agreement, the Issuer shall fully co- <br /> operate with the Assignee, the Purchaser and with any other owner <br /> or owners of the Bonds, at such person ' s or the Borrower ' s <br /> expense, to enforce the obligations of the Borrower under the <br /> -24- <br />