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4 consent in writing of the Holders of sixty-six and two-thirds per centum (66 2/38) or more in principal amount of the Obligations then outstanding; provided, however, that no modification or amendment shall permit a change in the maturity of such Obligations or a reduction in the rate of interest thereon or in the amount of the principal Obligation thereof or affecting the unconditional promise of the County to collect such portion of the Race Track Funds and Jai Alai Fronton Funds as herein pro- vided, or to pay the principal of and interest on the Obligations as the came shall become due fr;i;, such Race +cac:f Fiina'S and jai Alai Fronton Funds, or reduce such percentage of Holders of such Obligations, required above, for such modifications or amend- ments, without the consent of the Holders of all of such Obligations; provided further, however, that no modification or amendment of this Resolution or of any resolution amendatory hereof or supplemental hereto may be made which shall allow or permit any acceleration of the payment of principal of or interest on the Obligations upon any default in the payment thereof, whether or not the Holders of the Obligations consent thereto. SECTION 21. SEVERABILITY. If any one or more of the covenants, agreements or provisions of this Resolution shall be held contrary to any express provision of law or contrary to the policy of express law, though not expressly prohibited, or against public policy, or shall for any reason whatsoever be held invalid, then such covenants, agreements or provisions shall be null and void and shall be deemed separate from the remaining covenants, agreements or provisions, and in no way affect the validity of all the other provisions of this Resolution or of the Obligations or coupons issued thereunder. SECTION 22. EFFECTIVE DATE. This Resolution shall take effect immediately upon its adoption. -23-