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ARTICLE III. <br /> APPLICATION OF SERIES 2017 BOND PROCEEDS <br /> Section 3.1. Deposit of Funds. The Issuer shall deposit with the Trustee in the <br /> Construction Fund all proceeds from the sale of the Series 2017 Bonds on the date of each <br /> advance. The initial deposit is $ <br /> (End of Article III) <br /> - 19 - <br /> I\11860514.2 <br />