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to make payments from said Fund. Subject to any such orders with respect <br />thereto, the Trustee may from time to time sell such investments and reinvest <br />the proceeds therefrom in Eligible Investments maturing or redeemable as <br />aforesaid. Any such investments may be purchased from or through the <br />Trustee. The Trustee shall sell or redeem investments standing to the credit <br />of the Bond Fund to produce sufficient moneys applicable hereunder to and <br />at the times required for the purposes of paying Bond service charges when <br />due as aforesaid, and shall do so without necessity for any order on behalf <br />of the Issuer and without restriction by reason of any such order. An <br />investment made from moneys credited to the Bond Fund or the Construction <br />Fund shall constitute part of that respective Fund and such respective Fund <br />shall be credited with all proceeds of sale and income from such investment. <br />For purposes of this Indenture and the Bond Legislation, such investments <br />shall be valued at face amount or market value, whichever is less. <br />Section 13. Indenture; Agreement and Mortgage. In order to secure <br />the payment of the Bond service charges as the same shall become due and <br />payable, the Executive and the Fiscal Officer of the Issuer are hereby <br />authorized and directed to execute, acknowledge and deliver, in the name <br />and on behalf of the Issuer, an Indenture and an Agreement and to accept <br />and assign a Mortgage in substantially the forms submitted to this <br />Legislative Authority, which instruments are hereby approved, with such <br />changes therein not inconsistent with this Bond Legislation and not <br />substantially adverse to the Issuer as may be permitted by the Act and <br />approved by the officers executing the same on behalf of the Issuer. The <br />approval of such changes by said officers, and that such are not <br />substantially adverse to the Issuer, shall be conclusively evidenced by <br />the execution of such instruments. <br />This Bond Legislation shall constitute a part of the Indenture as <br />therein provided and for all purposes of said Indenture, including, without <br />limitation thereto, application to this Bond Legislation of the provisions <br />in the Indenture relating to amendment, modification and supplementation, <br />and provisions for severability. <br />- 22 - <br />