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Parity Bonds or a reduction in the rate of interest thereon or in the amount of the principal obligation thereof, or affect the unconditional promise of the County to levy, impose and/or collect the Revenues, or to pay the principal of and interest on the Series 1989 Bonds or any Additional Parity Bonds as the same shall become due or reduce the percentage required above for an adverse material modification or amendment, without the consent of the Holders of all of the Series 1989 Bonds or any Additional Parity Bonds affected thereby. The foregoing shall not apply with respect to supplemental resolutions adopted for the sole purpose of issuing Additional Parity Bonds or junior and subordinate obligations issued in accordance with the Resolution or any resolution authorizing the issuance of Senior Lien Bonds to FmHA as contemplated by the Resolution. Operation and Maintenance. The County will maintain the System and all parts thereof in good condition and will operate the same in an efficient and economical manner making such expenditures for equipment and for renewals, repairs and replacements as may be proper for the economical operation and maintenance thereof. No Mortgage or Sale of the System. The County will not sell, mortgage, pledge or otherwise encumber the System or any part thereof, or any Revenues to be derived therefrom, except as provided in the Resolution (which contemplates, without limitation, the issuance of Senior Lien Bonds to the FmHA and the issuance of Additional Parity Bonds), and will not sell, lease or otherwise dispose of any substantial portion of the System, except as set forth below. The County may sell, lease or otherwise dispose of the property comprising a substantial portion of the System in the event that (a) such property is determined by resolution of the Board, upon the recommendation of the County Administrator and the Consulting Engineers, to be no longer necessary or useful or profitable for the System; and (b) the sale, lease or other disposition of such property is determined by resolution of the Board, upon recommendation of the County Administrator and the Consulting Engineers, not to impair the ability of the County to comply during the current or any future Fiscal Year with the rate covenant set forth above. The proceeds derived from any sale, lease or other disposition of a substantial portion of the System shall be used for the retirement of outstanding Series 1989 Bonds, subject to the prior application thereof for any then outstanding Senior Lien Bonds. Any other proceeds derived from the sale, lease or other disposition of a portion of the System shall be placed in an appropriate fund of the County relating to the renewal or replacement of the System, provided, however, all or a portion of any such proceeds may be used for the retirement of outstanding Series 1989 Bonds if authorized by resolution of the Board upon the recommendation of the County Administrator and the Consulting Engineers. 30