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<br />bargain, sell, convey, pledge and assign a security interest, unto Fiscal Agent, and its successors
<br />in such capacity and its and their assigns in and to the following (said property being herein
<br />referred to as the “Pledged Security”) for the benefit of Funding Lender:
<br />(a) All right, title and interest of Governmental Lender in and to all Revenues.
<br />(b) All right, title and interest of Governmental Lender in and to the Project
<br />Loan Agreement, the Project Note, the Security Instrument and the other Project Loan
<br />Documents (other than the Unassigned Rights), including all extensions and renewals of
<br />the terms thereof, if any, including, but without limiting the generality of the foregoing, the
<br />present and continuing right to receive, receipt for, collect or make claim for any of the
<br />money, income, revenues, issues, profits and other amounts payable or receivable
<br />thereunder (including all casualty insurance proceeds or condemnation awards, payments,
<br />settlements or other compensation to be paid in connection therewith), whether payable
<br />under the above referenced documents or otherwise, to bring actions and proceedings
<br />thereunder or for the enforcement thereof, and to do any and all things which Governmental
<br />Lender or any other Person is or may become entitled to do under said documents.
<br />(c) Except for funds, money or securities in the Costs of Issuance Fund, the
<br />Administration Fund and the Rebate Fund, all funds, money and securities and any and all
<br />other rights and interests in property whether tangible or intangible from time to time
<br />hereafter by delivery or by writing of any kind, conveyed, mortgaged, pledged, assigned
<br />or transferred as and for additional security hereunder for the Funding Loan by
<br />Governmental Lender or by anyone on its behalf or with its written consent to Fiscal Agent,
<br />which is hereby authorized to receive any and all such property at any and all times and to
<br />hold and apply the same subject to the terms hereof.
<br />The foregoing notwithstanding, if Governmental Lender or its successors or assigns shall
<br />pay or cause to be paid to Funding Lender in full the principal, interest and Prepayment Premium,
<br />if any, to become due with respect to the Funding Loan at the times and in the manner provided in
<br />Article IX hereof, and if Governmental Lender shall keep, perform and observe, or cause to be
<br />kept, performed and observed, all of its covenants, warranties and agreements contained herein,
<br />then these presents and the estate and rights hereby granted shall, at the option of Governmental
<br />Lender, cease, terminate and be void, and thereupon Fiscal Agent shall cancel and discharge the
<br />lien of this Funding Loan Agreement and execute and deliver to Governmental Lender such
<br />instruments in writing as shall be requisite to satisfy the lien hereof, and, subject to the provisions
<br />of Sections 4.09 and 4.10 hereof and Article IX hereof, reconvey to Governmental Lender the
<br />estate hereby conveyed, and assign and deliver to Governmental Lender any property at the time
<br />subject to the lien of this Funding Loan Agreement which may then be in its possession, except
<br />for the Rebate Fund and cash held by Fiscal Agent for the payment of interest on and principal of
<br />the Governmental Note; otherwise this Funding Loan Agreement is to be and shall remain in full
<br />force and effect.
<br />Section 2.03 Limited Obligations. The Governmental Note is a limited obligation of the
<br />Governmental Lender payable solely from the Pledged Security and any other revenues, funds,
<br />and assets pledged under this Funding Loan Agreement and not from any other revenues, funds,
<br />or assets of the Governmental Lender. The Governmental Note is not a general obligation, debt,
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