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iow Section 505. The bond Fund shall be in the name of the -_ and the _Cjjt�X_ hereby authorizes and directs the Trustee and Paying Agent to withdraw sufficient funds from the Bond Fund to i pay the interest on and principal of all outstanding bonds as the same become due and payable and sufficient to pay its fees, and to apply the funds so withdrawn to the payment of said interest, princi- pal, and fees, and to apply the funds so withdrawn to the payment of said interest, principal and fees, which authorization and direction the Trustee and Paying Agent hereby accepts. Section 506. In the event any bonds shall not be pre- sented for pa.5-meet when the principal thereof becomes due, either at maturity or othem--ise, or at the date fixed for redemption thereof, or in the event any coupon shall not be presented for pay -MEM t nt the due date thereof, if there shall have been deposited with the Paying Agent for the purpose, or left in trust if previously so deposited., funds sufficient to pay the principal thereof together with all interest unpaid and due thereon, to the date of maturity thereof, or to the date fixed for redemption thereof, or to pay such coupon, a3 the case may be, for the benefit of the holder thereof or the holder of such coupon, all lability of the - - to the holdzr thereof for the pay- ment of the principal thereof and interest thereon, or to the holder of said overdue coupon for the payment thereof, as the care -may be, shall forthwith cease, determine and be completely discharged, and thereupon it shall be the duty of the paying agent to hold such fund or funds, without liability for interest thereon, for the benefit of the Molder of such bend, or the holder of such coupon_, aia the case may be, u7ho shall thereafter be restricted P:xclus .��e]_y to 0,-.i�-h fund or funds, for any claim of whatever nature on H3 part tinder this Indenture or on, or with respect to, said bond or coupon. Section 507. All moneys required to be deposited with or paid to the Trustee and Paying Agent under any provision of this