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;;ianner t>rovitleJ in the Indenture to pay t.he costs of such repair, rebuil-1in:i or restoration, either on completion thereof, or as the •.~0rk progresses. The balance, if any, of the Net l?roceeds in the ?r~ject Fund remaining after the payment of all uf the costs of such rcoair, rebuilding or restoration shall be paid into the JonJ ?u,1,l ;incl shall to the extent of such amount so deposited a.bate t.he sums payable into the Bond Fund hereunder, or if the Jonds Jre fully paid, shall be paid to the Borrower. In the event the Net Proceeds of insurance are not suf- ficient ta pay in full the costs of r e pairing, rebuilding and r-est.::iri:1g the Project as provided in this Section, the Borrower .. ill nonetheless complete the work thereof and will pay that por- ti~n uf the costs thereof in excess of the amount of such procee1s, The aorrower shall not, by reason of the payment of sud1 ~xcess costs (whet.her by direct. payment thereof or payment to t:.he :'r-..1stee therefor), be entitled t.o any reimbursement from the [ssuer or any postponement, abatement or diminution of the su~s ~ue Jnd payable hereunder. Alternatively, the t1et Proceeds of insurance may be <19[)1.ie,l to the prepayment of t.he Not.e ,'I.ml application of such su::is to t.he reuemption of Donds; proviJ.ed, that no part of any sucri ·:ct ?rocee.Js m3y be applied to the redemption of 13onds u:1l,3ss .J.11. of t.he Outstanding Bonds ilre. to be redeemed; provided furt~er, ~owever, t.hat if t.he Borrower has furnisheu to the TrJ~t~c -1 ~ertificate of an Independent ~ngineer or of an InJep,~ndant i\rchitect stating (a) that. all portions of the [)C'.)Juct. not t:'epL1ced fol.lo;.,ing t.he destruction t.hereo-f are not essential to the Borrower's use or occupancy of the Project, or (bl c~at the Project. has been restored to a condition substan- ti.:11. ly ·~quiv;ilent to its condition prior to such <.lest.ruction, any remc1i:1in3 :let Proceeds may be deposited in the Redemption Account of :.he ;JonJ r'und and be used to purchase or re<lce;n tloncls at the earlidst ~o~sible <lat.e. Any balance of such tfot Proceeds remaining after the applic~tion thereof as provided in this Section shall be paid into the Jond Fund or if the Bonds are fully paid, tot.he 30L·ro;1,1r. Section 6.2 Condemnation. In the event that title to, or tlle t~1nporary us,:! of, the Project., or any ()art. thereof shall be tilk~n unuer the exercise of t.h<:! power of eminent domain, the ilorrower shall be obligated t.o continue to 1nake the Payments re-1uir,-~d to i'Je paid unc..ler this Agreement., and the entire Net Pr:.ict.?et\!; l1ereinabove referred t.o sh.:i.11 be a.2pLied in one or •nore of the fullowing ways as shall be directe~ in writing by the iJOrl."Q,l'dr: -JO-