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0i JCe <br />Government is the holder of any of the Bonds, the IGSLl r will not <br />borrow any money from any source or enter into any contract or <br />agreement or incur any other li.abi.li.t:y in connection with making <br />extensions of or improvements to the System,, other than normal <br />maintenance oC the System, or permi.t others to cio so, without <br />obtaining the prior written consent_ of the Government_, <br />(U) Reimbursement of Advances and Interest Thereon. <br />While the Government_ shall be the holder OLE any of the Bonds, the <br />Government shall have the right to make advances for the payment_ <br />of insurance premiums and/or other advances which, in the opinion <br />of the Government., may be requi.r-2d to protect the Government's <br />security interest.. In the event of any such advances, the Issuer <br />covenants and agrees to repay the same, together with interest <br />thereon at the same rate per annum as specified in the Bonds, <br />upon demand made at any time aft-z!r any such expenditure by the <br />Government_. Any such amount_ due the Governmment_ shall be secured <br />by a pledge of and lien upon the Pledged Funds, on a parity with <br />the Bonds, and payment thereof shall take priority over any Other <br />payments from the Reserve Account. <br />ARTICLE IV <br />MISCF;r,r,ANEOUS PROVISIOT-IS <br />4.01 Modification or A_mendtment. No material modifica- <br />tion or amendment of this Inst_runtent may be made without the con- <br />sent_ in writing of the holders of two-thirds or more ill princi.pal <br />amount_ of the Bonds then outstanding; provided, however, that no <br />modification or amendment shall permit a change in the maturity <br />Of such Bonds or a reduction in the rate of interest thereon, or <br />in the amount of the principal obligation, or affect the uncon- <br />ditional promise of the Issuer to charge and collect such rates, <br />fees, rentals and charges for the use of the product, services <br />and facilities of the System and apply the same as herein <br />provided, or reduce the number of: such Bonds the written consent <br />of the holders of which are required by this Section for such <br />modification or amendment_, without the consent_ of the holder, of <br />all such Bonds, <br />4.02 Creation of Superior Liens. The Issuer covenants <br />that except as i��rcin provided, it will not issue any other Bonds, <br />certificates or obligations of any kind or nature or create or <br />cause or permit to be created any debt, lien, pledge, assignment <br />or encumbrance or charge payable from or enjoying a lien upon any <br />of the Pledged Funds ranking prior and superior to the lien <br />created by this Instrument for the benefit- of the holders of the <br />Bonds. <br />4.03 Arbit-rade, No use wi.]-1 be made of the proceeds <br />of the Bonds or tie cross Revenues which will cause the Bonds to <br />-30- <br />