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(d) The Trustee shall not be responsible in any manner <br />for: <br />(1) The validity, execution,. acknowledgment filing <br />or recording of this Agreement or any agreement <br />-supplemental hereto, or the refiling or rerecording <br />thereof; <br />(2) for any recitals, covenants or agreements of <br />the Authority in the Bonds or herein contained, except <br />to pay from the Operation Fund expenses incurred by the <br />Authority to enable it to comply with. its covenants <br />contained .herein; <br />(3) for the default or misconduct of any agent or <br />employee appointed by it, if such agent or employee shall <br />have been selected with reasonable care, or far anything <br />done by it in connection with this trust, except for its <br />willful misconduct or gross negligence; <br />(4) for the consequence of any act done in good <br />faith; or <br />(5) for any actions taken by .the Trustee in <br />accordance with the opinion of counsel employed by the <br />Trustee.. <br />• <br />(e) The Trustee <br />advised or informed as <br />under any of the terms <br />unless and until the <br />notice to the contrary <br />percent (5%) in princip~ <br />hereunder, the Truste <br />Agreement, assume tha~ <br />hereunder and that none <br />"events of default" has <br />shall be under no obligation to keep <br />~o whether the Authority is in default <br />or covenants of this Agreement; and <br />Trustee shall have received written <br />from the holders of at least-- five-. -- -~. ----- - <br />~l amount of the Bonds then outstanding <br />e may, for all purposes of this <br />the Authority is not in default <br />of the events hereinbefore defined as <br />happened. <br />U <br />(f) The Trustee shall not be required to appear in or <br />defend any suit which may be brought against it respecting the- <br />Facility, or by reason of being Trustee hereunder, or to <br />institute any. suit or proceeding to enforce any covenant or <br />remedy herein provided, or to take any action toward the <br />execution or enforcement of the trusts hereby created, which, <br />in the opinion of the Trustee, will be likely to involve the <br />Trustee in expense or liability, unless the holders of said <br />Bonds or some part thereof shall furnish the Trustee with <br />reasonable security and indemnity against such expense or <br />liability. <br />-29- <br />