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cm in designated "Batesville, Arkansas, 1968 Industrial Development Bond Fund - Westport Project" (the "Bond Fund"). The rentals and the revenues derived from the Project have been duly pledged by the Indenture to the payment of the principal of and interest on the bonds, and the bonds are secured by a lien on and security interest in the Project. The bonds do not constitute an indebtedness of the City within any constitutional or statutory limitation. The holder of this bond shall have no right to enforce the pro- visions of the Indenture or to institute action to enforce the covenants there- in or to take any action with respect to any event of default under the Inden- ture, or to institute , appear in and defend any suit or other proceedings with respect thereto, except as provided in the Indenture. In certain events, on the conditions, in the manner and with the effect set forth in the Indenture, the principal of all of the bonds issued under the Indenture and then out- standing 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 Inden- ture supplemental thereto, may be made only to the extent and in the circum- stances permitted by the Indenture . Prior to December 1, 1978 the Series A Bonds shall be subject to redeiapt.ion prior to maturity from the proceeds received from condem- nation of all or any portion of the Project, or proceeds from the Lessee exercising an option to purchase by virtue of the conti.pgenci.es specified in Section 1902 A. of the Lease and Agreement, in whole but not in part to t're extent of proceeds from said sources with there to be no partial redemption of any borld, in inverse: r.Ur:! ! C i ort 'r at a Of tl'. 1_`1110 being reclecr,-,od plus', accLL.ed l i__'. 'bL t,_% tlle plus u pr-.3--1,r- of of tho pr111clrii-,_1 aia'.JUnt; ti3Oi 0,- arlfJl of'-, �r 1978 Lie o r' � r _. _. .. � � li:i! 1 :� S Cl, � i _ , ., S L'._ � . _ _ � r _'. _ 1 � i tc) .1r from funds from any source , in whole or in part, with ti-iere to be no