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for redemption will become due and payable on the redemption date at the redemption price stated in such notice. When a notice of redemption is given and funds sufficient for redemption are deposited with the Registrar, interest on the Series 2009 Bonds to be redeemed will cease to accrue on the date fixed for redemption, such Series 2009 Bonds shall cease to be entitled to any lien, benefit or security under this Resolution and the Holders of such Series 2009 Bonds will have no right in respect thereof except to receive payment of the redemption price. SECTION 15. FORM OF SERIES 2009 BONDS. The text of the Series 2009 Bonds, together with the certificate of authentication, shall be in substantially the form set forth in the Original Resolution, with such omissions, insertions and variations as may be necessary, desirable, authorized or permitted by this Resolution or by any subsequent resolution adopted prior to the issuance thereof, or as may be necessary to comply with applicable laws, rules and regulations of the United States and of the State in effect upon the issuance thereof. SECTION 16. APPLICATION OF PROVISIONS OF ORIGINAL RESOLUTION. The Series 2009 Bonds, herein authorized, shall for all purposes (except as herein expressly provided) be considered to be Additional Parity Bonds issued under the authority of the Original Resolution, and shall be entitled to all the protection and security provided therein for the Series 1993 Bonds, and shall be in all respects entitled to the same security, rights and privileges enjoyed by the Series 1993 Bonds. The covenants and pledges contained in the Original Resolution shall be applicable to the Series 2009 Bonds herein authorized in like manner as applicable to the Series 1993 Bonds. The principal of and interest on the Series 2009 Bonds shall be payable from the Sinking Fund established in the Original Resolution on a parity with the Series 2005 Bonds, and payments shall be made into such Sinking Fund by the County in amounts fully sufficient to pay the principal of and interest on the Series 2005 Bonds and the Series 2009 Bonds as such principal and interest become due. All funds and accounts created pursuant to the Original Resolution shall be held by the County in trust for the holders of the Bonds. The Pledged Funds shall immediately be subject to the lien of this pledge without any physical delivery thereof or further act, and the lien of this pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the County. SECTION 17. APPLICATION OF BOND PROCEEDS. The proceeds, including accrued interest received from the sale of the Series 2009 Bonds shall be applied by the County simultaneously with the delivery of such Series 2009 Bonds to the purchaser thereof, as follows and as further provided in a supplemental resolution of the County. U