11-14-01 1. INDENTURE OF TRUST - Laserfiche WebLink

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ARTICLE V Application of Revenues; Additional Funds Section 5.01 Revenue Fund. Under the terms of the Loan Agreement,on or before the 15th day of each calendar month(or if such date is not a Business Day,the next succeeding Business Day),the Borrower is required to deposit with the Trustee all Monthly Net Project Revenues and all Tax Increment Revenues. Upon receipt,the Trustee shall deposit such amounts in the Revenue Fund. After the Completion Date,all investment income from any fund or account created herein,shall be deposited upon receipt in the Revenue Fund to the extent not otherwise directed herein. On each Monthly Transfer Date of each calendar month during and after which any portion of the Project Facilities is placed in use(for these purposes the Borrower shall immediately notify the Trustee), the Trustee shall transfer amounts in the Revenue Fund(first from investment income deposited therein and then from other amounts)to the following funds and accounts in the following priority: (a) First, to the Rebate Fund, any amount required to be deposited therein under the terms of the Loan Agreement or Section-5714 5.08 hereof; (b) Second,to the Trustee to pay any unpaid due and owing Ordinary Trustee Fees and Expenses; (c) Third,to the Taxes and Insurance Fund,an amount equal to the Monthly Taxes and Insurance Deposit for such month,plus any unpaid Monthly Taxes and Insurance Deposit previously due and not deposited, . . • .. Insurance Fund fur t,ansf r t.,the Bald Fuld as provided in Section 5.02 and Sctio,i 5.06;provided that credit shall be given against such Monthly Taxes and Insurance Deposit to the extent of any amounts deposited therein which are not proceeds of a prior Monthly Taxes and Insurance Deposit (and to the extent such amounts have not been credited against any prior Monthly Taxes and Insurance Deposit); (d) Fourth,to the Senior Debt Service Account of the Bond Fund for the Senior Bonds, an amount equal to the sum of one-sixth (1/6t) of the interest coming due on the next Interest Payment Date and one-twelfth (1/12t) of the principal coming due on the next Principal Payment Date (including mandatory sinking fund payments), plus any unpaid interest and/or principal previously due and not deposited, plus any unrestored amounts previously withdrawn from the Senior Debt Service Account for transfer to the Taxes and Insurance Fund as provided in Section 5.02 and Section 5.06; (e) Fifth,to the Debt Service Reserve Fund,the amount, if any,required to restore the balance of the funds therein to an amount equal to the Debt Service Reserve Requirement; (f) Sixth, commencing in November 2003, to the Repair and Replacement Fund, an amount equal to the Monthly Repair and Replacement Deposit,plus any unpaid Monthly Repair and Replacement Deposit previously due and not paid, plus any unrestored amounts previously withdrawn from such fund for transfer to any fund as provided in Section 5.07; provided that as - 39 -