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40 <br />i <br />0:03 � ... - i I" I ' , <br />construction, shall be deposited in the Construction Fuxi to assure completion <br />of the Project. <br />Money in the Construction Fund shall be secured by the depository bank <br />in accordance with United States Treasury Department Circular '176 and in the <br />manner prescribed by the laws of the State of Florida relating to the securing <br />of public funds. When the money on deposit in the Construction Fund exceeds the <br />estimated disbursements on account of the Project for the next 90 days, the <br />Issuer may direct the depository bank to invest such excess funds in direct <br />obligations of, or obligations the principal of and interest on which are <br />guaranteed by, the W ited States of Mierica, which shall be subject to <br />redemption at any time at face value pursuant to the request of the holder <br />thereof. The earnings from any such investment shall be deposited in the <br />Construction Fund. <br />Men the construction of the Project has been completed and all <br />construction costs have been paid in full, all funds rermining in the <br />Construction Fund, except grant funds, shall be deposited in the Sinking Fund, <br />and the Construction Fund shall be closed. <br />All money deposited in the Construction Furxl shall be and constitute a <br />trust fund created for the purposes stated, and there is hereby created a lien <br />upon such fund in favor of the holders of the Bonds, except as otherwise <br />provided herein, until the money thereof shall have been applied in accordance <br />with this Instrumrent. <br />