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D 0 Indenture to the payment of the principal of and interest on the bonds, and the bonds are secured by a security interest in the Project. The bonds do not constitute an indebtedness of the City within the meaning of any constitutional or statutory limitation. The holder of this bond shall have no right to enforce the provisions of the Indenture or to institute action to enforce the covenants therein, or to take any action with respect to any event of default under the Indenture, or to institute , appear in and defend any suit or other proceeding with respect thereto, except as provided in the Indenture. In certain events, on the conditions, in the mariner and with the effect set forth in the Indenture, the principal of all the bonds issued under the Indenture and then outstanding may be declared and may become due and payable before the stated maturity thereof, together with accrued interest thereon. Modifications or alterations of the Indenture, or of any indenture supplemental thereto, may be made only to the extent and in the circumstances permitted by the Indenture . As provided in the Indenture , this bond is subject to one exchange privilege at any time, upon fifteen days notice, at the request of the registered owner hereof, and upon surrender of this bond to the City at the office of the Trustee, for negotiable coupon bonds, in the denomination of $5,000 each, payable to bearer but registrable as to principal or as to principal and interest, in an aggregate principal amount equal to the unpaid principal amount of this bond, in accordance with the provisions of the Indenture. The principal of this bond is subject to redemption prior to maturity as follows: (1) The principal of this bond shall be redeemed from the proceeds of condemnation of all or substantially all of the Project or the Industrial Plant or from General Tire exercising an option to accelerate purchase of the Project pursuant to the provisions of Section 2002A of the Sale Pgreement, in whole but not in part, at any time, at a redemption price equal to the principal amount