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<br />ARTICLE V <br /> <br />ESTABLISHMENT OF FUNDS; DEPOSIT AND APPLICATION OF MONEY <br /> <br />Section 501. Establ ishment of Funds........... ........................ ............................. ................................ 15 <br />Section 502. Deposit of Bond Proceeds ............. ............... ......... .......................................................15 <br />Section 503. Application of Moneys in the Construction Fund ........................................................15 <br />Section 504. Application of Money in Debt Service Fund ...............................................................15 <br /> <br />Section 505. Reserved ................................................ ................ .......................................................16 <br /> <br />Section 506. Deposits and Investment of Money......... ............ .........................................................16 <br />Section 507. Nonpresentment of Bonds ............................ ........ ....... ........... ......................... .............16 <br />Section 508. Payments Due on Saturdays, Sundays and Holidays ...................................................16 <br /> <br />ARTICLE VI <br /> <br />REMEDIES <br /> <br />Section 601. Remedies...................................................... ............................................. .......... ......... 17 <br />Section 602. Limitation on Rights of Registered Owners................................................................. 17 <br />Section 603. Remedies Cumulative.................................................................................................. 17 <br />Section 604. Exception for Continuing Disclosure ...........................................................................18 <br /> <br />ARTICLE VII <br /> <br />DEFEASANCE <br /> <br />Section 701. Defeasance................................................................................................................... 18 <br /> <br />ARTICLE VIII <br /> <br />MISCELLANEOUS PROVISIONS <br /> <br />Section 801. <br />Section 802. <br />Section 803. <br />Section 804. <br />Section 805. <br />Section 806. <br />Section 807. <br />Section 808. <br />Section 809. <br />Section 810. <br /> <br />Tax Covenants ..... ............... ...... ...... ..... ...... ........ .............. ........ ..... ................ .... ............19 <br /> <br />Annual Audit................................................................................................................ 20 <br /> <br />Amendments.................................................... ............................................................ .20 <br /> <br />Notices, Consents and Other Instruments by Registered Owners ................................21 <br />Continuing Disclosure. ........................ -........................................................................ 22 <br /> <br />Further Authority................................................... .......................................................22 <br /> <br />Parties Interested Herein.............................................................................................. 22 <br /> <br />Severability................................................................................................................... 22 <br /> <br />Governing Law............................................................................................................. 22 <br /> <br />Effective Date............................................................................................................... 22 <br /> <br />Passage <br /> <br />..... -.... -.................................................... - - -.................................................................... 23 <br /> <br />Exhibit A - Form of Bonds <br />Exhibit B - Preliminary Official Statement <br />Exhibit C - Continuing Disclosure Agreement <br /> <br />(ii) <br />