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CITY-OF-BATESVILLE
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4/30/2019 1:48:20 PM
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'` w <br />in the list required by Section 408 hereof, a summarized statement of <br />income and expenditures in connection therewith. <br />Section _100_4. Upon the occurrence of an event of default, <br />the Trustee may, es an alternative, proceed either after entry or <br />without entry, to pursue any available remedy by suit at law or equity <br />to enforce the payment of the principal of and interest on the bonds <br />then outstanding hersu!*der, including, without limitation, foreclosure <br />and mandamus. <br />If an event of default shall have occurred, and if it shall <br />have been requested so to do by the holders of twenty-five per cent <br />(25%) in aggregate principal amount of bonds outstanding hereunder <br />and shall have been indemnified as provided in Section 1101 hereof, <br />the Trustee shall be obliged to exercise such one or more of the <br />rights and powers conferred upon it by this Section and by Section <br />1003 as the Trustce, being advised by counsel, shall deem most ex- <br />pedient in the interests of the bondholders. <br />No remedy by the terms of this Indenture conferred upon or <br />reserved to the Trustee (or to the bondholders) is intended to be <br />exclusive of any other remedy, but each and every such remedy shall <br />be cumulative and shall be in addition to any other remedy given <br />hereunder or now or hereafter existing at law or in equity or by <br />statute. <br />No delay or omission to exercise any right or power accru- <br />Ing upon any default or event of default shall impair any such right <br />or power or shall be construed to be a waiver of any such default or <br />event of default or acquiescence therein; and every such right and <br />power may be exercised from time to time and as often as may be <br />deemed expedient. <br />No waiver of any default or event of default hereunder, <br />whether by the Trustee or by the bondholders, shall extent to or <br />shall affect any subsequent default or event of default or shall im- <br />
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