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unincorporated organization or a government or political sub- division thereof . "Plans and Specifications" shall mean the plans and specifications prepared for the Pro ject, certi fied by an Autho- rized Borrower Re presentative and filed with the Trustee at the date of issuance of the Bonds, as the same may be revised from time to time prior to the Completion Date in accordance with Section 3.2 of this Agreement. "Project" shall mean, collectively, the nursing home improvements to be loca ted at the Project Site, to be acquired, constructed and equipped pursuant to this Agreement and the Indenture, including any Project Additions. "Project Addi tions" shall mean any additions, expans ions and modifications to the Project financed with the proceeds of the sale of Additional Bonds. "Project Fund" shall mean the fund established as a trust fund under the Indenture, from which funds are t o be withdrawn to acquire, construct and equip the Project pursuant to the Plans and Specifications . "Project Site" shall mean the real property described in Exhibit "C" to this l\greement, "Redemption l\ccount" shall mean the account established u nder the Indenture as part of the Bond Fund to provide for the redemption or payment of the Bonds . "Redemption Date" shall mean the date fixed for redemp- tion of Donds subject to redemption in any notice of such redemp- tion disseminated in accordance with the Indenture. "Redemrtion !:>rice" shall mean the price at which the 3on<ls may be called for. redemption and includes the unpaid prin- cipal amount of the Bond or Bonds to be redeemed, accrued interest thereon to the Redemption Date, plus the premium, if any, requireu to be paid to effect such reuemption by the terms of the Indenture . "Security Interest" shall mean the security interest in the Project and any aduitions or substitutions thereto, granted to the Issuer in Sec tion 4.4 of this l\gr•ement. "State" shall mean the St.i te of Flor idu. -9-