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Principal Account and with Bond Service Charges representing all <br /> other amounts being paid only from the Interest Account, except <br /> as provided in the Indenture relating to defeasance of the Bond. <br /> Except as otherwise provided in the Agreement, the Mortgage <br /> or this Bond Legislation, there shall be deposited into the Bond <br /> Fund, as and when recevied, all Pledged Receipts, as follows: <br /> all portions of the Note Payments representing a payment of <br /> principal, all moneys transferred from the Reserve Fund or <br /> otherwise credited to the Bond Fund and any other payments <br /> received by the Trustee to be used to repay principal on the <br /> Bond, shall be deposited into the Principal Account, and accrued <br /> interest, if any, received upon the sale of the Bor_d to the the <br /> Original Purchase an� all other Pledged Receipts shall be <br /> deposited into the Interest Account. <br /> The Issuer covenants and agrees that, until Payment in Full <br /> of the Bond, it will deposit or cause to be deposited in the <br /> Bond Fund Pledged Receipts sufficient in time and amount to pay <br /> the Bond Service Charges as the same become due and payable, and <br /> to this end the Issuer covenants and agrees that it will <br /> diligently and promptly proceed in good faith and use its best <br /> efforts to enforce the Aqreement and that, should there be an <br /> event of default under the Agreement, the Issuer shall fully <br /> cooperate with the Trustee and with the Bondholder to fully <br /> protect the rights and security of the Bondholder hereunder. <br /> Nothing herein shall be construed as requiring the Issuer to use <br /> or apply to the payment of Bond Service Charges any funds other <br /> than the Bond Fund and the Construction Fund or revenues from <br /> any source other than Pledged Receipts. <br /> The Issuer covenants and agrees, whenever the moneys and <br /> investments in the Bond Fund (or otherwise held by the Trustee <br /> for such purpose) are sufficient in amount to redeem the entire <br /> principal amount of the Bond then outstanding and to pay <br /> interest to accrue thereon to the date or dates of such <br /> redemption, and any applicable premiums , to take and cause to be <br /> taken, upon notification by the Borrower or the Trustee, the <br /> necessary steps to redeem the Bond on the next succeeding <br /> redemption date or the date for which the required notice of <br /> call for redemption may be given. <br /> Section 9 . Letter of Credit Fund. There is hereby created <br /> by the Issuer and ordered maintained, as a separate deposit <br /> account (except when invested as hereinafter provided) in the <br /> custody of the Trustee, a trust fund to be designated "City of <br /> Decatur, Illinois - Continental Carbonic Products , Inc. Letter <br /> of Credit Fund. " Subject to the provisions of the Agreement, <br /> the Letter of Credit Fund and the moneys therein are hereby <br /> pledg�d to and shall be used solely and exclusively for the <br /> payment of Bond Ser�Tice Charges as they fall due at stated <br /> maturity or by amortization or redemption, all as provided <br /> herein and in the Indenture and the Agreement. <br /> 15 <br />