1984-036 - Laserfiche WebLink

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soon as it is feasible, applied to the 'Perm Bonds; and (b) Any balance then remaining, other than money ON retained under the first clause of this Paragraph (3), shall be a applied to the retirement of such Term Bonds as the County in its sole discretion shall determine, but only, in the case of the redemption of Term Bonds, in such amounts and on such terms as may be provided in the resolution authorizing the issuance of the Bonds. (4) The County shall deposit into the Bond Amortization Account Amortization Installments for the amortization of the principal of the Term Bonds, together with any deficiencies for prior required deposits, such Amortization Installments to be in such amounts and to be due in such years as shall be determined by resolution of the Board prior to the delivery of the Bonds. The County shall pay from the Junior Lien Bond Service Fund all expenses in connection with any such purchase or redemp- tion. C. ADDITIONAL OBLIGATIONS. The County hereby covenants and agrees not to incur any other obligations or indebtedness, except refunding obligations as hereinafter provided, payable from the same source as the payments hereinbefore specified to be made into the Bond Service Fund and Reserve Account, unless such obligations contain an express statement that such obligations are junior and subordinate in all respects to the Bonds herein authorized as to lien on and source and security for payment from the Pledaed Revenues_ D. REMEDiE;;. Any Holder of Bonds issued under the pro- visions of this Resolution, may either at law or in equity, by suit, action, mandamus or other proceedings in any Court of com- petent jurisdiction, protect and enforce any and all rights under the laws of the State of Florida or granted and contained in the Act and in this Resolution, and may enforce and compel the payment of all sums and the performance of all duties required by this Resolution or by any applicable statutes to be performed by -28-