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Section <br />Section <br />Section <br />Section <br />Section <br /> <br />ARTICLE V <br /> <br /> ESTABLISHMENT OF FUNDS; <br />DEPOSIT AND APPLICATION OF MONEYS <br /> <br />501. Establishment of Funds ......................... <br />502. Deposit of Bond Proceeds ........................ <br />503. Application of Moneys in the Construction Fund ......... <br />504. Application of Moneys in the Debt Service Fund ......... <br />505. Deposits and Investment of Moneys ................. <br /> <br />13 <br />13 <br />13 <br />14 <br />14 <br /> <br />Section <br />Section <br />Section <br /> <br />601. <br />602. <br />603. <br /> <br /> ARTICLE VI <br /> <br /> REMEDIES <br /> <br />Remedies .................................. <br />Limitation on Rights of Bondowners ................. <br />Remedies Cumulative .......................... <br /> <br />15 <br />15 <br />15 <br /> <br />Section <br /> <br />701. <br /> <br /> ARTICLE VII <br /> <br /> DEFEASANCE <br /> <br />Defeasance ................................. <br /> <br />16 <br /> <br />Section <br />Section <br />Section <br />Section <br />Section <br /> <br />ARTICLE V1H <br /> <br />MISCELLANEOUS PROVISIONS <br /> <br />801. Tax Covenants ............................... <br />802. Further Authority ............................ <br />803. Severability ................................. <br />804. Governing Law .............................. <br />805. Effective Date ............................... <br /> <br />Passage ................................... <br />Signatures and Seal ............................ <br /> <br />Exhibit A - Form of Bonds <br />Exhibit B - Arbitrage Instructions <br />Exhibit C - Preliminary Official Statement <br /> <br />16 <br />18 <br />18 <br />18 <br />18 <br /> <br />19 <br />19 <br /> <br />(ii) <br /> <br /> <br />