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I <br />I <br />I <br />I' <br />I <br />I <br />I <br />I <br />I <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> (e) such other documents and opinions as Bond Counsel may <br />reasonably require for purposes of rendering its opinion required <br />in subsection (d) above or that the Lender may require for the <br />closing. <br /> <br /> Upon delivery of and payment for the Note, the Lender <br />shall, on behalf of the City, hold the proceeds of the Note <br />pursuant to the terms and conditions of the Disbursing Agreement <br />and advance funds for payment of Project Costs upon receipt of <br />such supporting documentation as the Lender may deem reasonably <br />necessary, including compliance with the provisions of the <br />Disbursing Agreement. At the request of the City, the Lender and <br />the Borrower shall provide the City with a full accounting of all <br />funds including interest earnings thereon held pursuant to the <br />Disbursing Agreement. <br /> <br />ARTICLE THREE <br /> <br />REDEMPTION OF NOTE BEFORE MATURITY <br /> <br />Section 301. Redemption <br /> <br /> (a) In the ~vent of: (i) damage to or destruction of the <br />Project or Condemnation of the Project or any part thereof and <br />(ii) if the Borrower does not elect to restore the Project <br />pursuant to Section 2.04 of the Mortgage, the Note shall be <br />subject to prepayment by the City from funds furnished by the <br />Borrower at the time, to the extent and in the manner set forth in <br />Section 5.02 of the Loan Agreement. <br /> <br /> (b) The Note may be otherwise prepaid in accordance with <br />the provisions of the Note. <br /> <br />Section 302. Te,~mination'of' Interest <br /> <br /> Upon deposit of the redemption price with the Lender and <br />the giving of any notice required by law, the principal amounts <br />prepaid shall, after such date, cease to bear interest. <br /> <br />ARTICLE FOUR <br /> <br />GENERAL COVENANTS <br /> <br />Section 401. <br /> <br />.Payment-of-Principal'and Interest <br /> <br /> The City covenants that it will promptly pay or cause to <br />be paid the principal of and interest on the Note at the place, on <br />the dates and in the manner provided herein and in said Note. The <br />principal and interest are payable solely from revenues and <br />proceeds derived from the Loan Agreement, the Mortgage, the <br />Guaranty, and the Assignment of Leases and Rents, which revenues <br /> <br />13 <br /> <br /> <br />