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(a) To the restoration of LI1e remaining Project to substantially the same con~ition as it existed prior to the exer- cise of the power of eminent domain. (b) To the acquisition, by construction or otherwise, by the Borrower of other lands or improvements suitable for the Borrower's operations at the Project, which land or. improvements shall be deemed a part of the Project and available for use and occupancy by the Oorrower without the payment of any Loan Payment other than herein provided to the same extent as if such land or other improvements were specifically deJcribed herein and subject hereto and \,Jhich land or improvements shall be acquired by the Borrower subject to no liens or encumbrances prior to the lien of the Indenture or the Mortgage, except Per1nitted Encumbrances. (c) To the prepayment of the Note and application of such sums to the redemption of i3onds; provided, that no part of any such Net Proceeds (other than the Net Proceeds awarded to the Borrower for the taking of all or any part of the Project) may be applied to the redemption of Bonds unless all of the Bonds are to be redee;ne,J; provided further, however, that if the Borrower has furnished to the Trustee a certificate of an Independent Engineer or of <1.n Independent Architect stating (i) that the part of the Project. that wa~ taken by such condemnation proceedings is not. essential to the Oorrower' s use or occupancy of the Project, or (ii) that the Project has been restored to a condition substan- tially equivalent to its condition prior to the taking by such condemnation proceedings, or (iii) that land or other improve- ments have been acquired which are suitable for the Borrower's operations at the Project as contemplated by the foregoing sub- section (b) of this Section, any r~naining Net Proceeds may be deposited in the Redemption Account of the Bond Pund and be use<l to purchase or redeem Bonds at the earliest possible date. Any balance of such Net Proceeds remaining after the application thereof as provided in subsections (a), (b) and (c) of this Section shall be paid into the Bond E'und ar if the Oonds are fully paiu, to the Borrower. Section 6.J Condemnation of Borrower-Owned Property. The Borrower shall be ent itled to the Net Proceeds of a ny award or portion thereof malle foe dama<;J8 to or. takings uf its own pro- perty not included in the Project; provided, that any Net Proceeds resulting from the taking of all or any part of the Project, or severance damages attributable thereto shall be paid and applied in the manner. proviJed in the fol·egoing S~ction of this r\9ree111ent. -31-