PURPOSES, PLEDGE AND SECURITY. 13 Section 3.1. Purposes of Master Indenture, Contract with Owners. 13 Section 3.2. Confirmation of Assessments. 13 Section 3.3. Collection and Enforcement of Assessments 13 Section 3.4. Against Encumbrances. 14 Section 3.5. Pledge and Security; Assignment to Trustee 14 Section 3.6. Security Agreement 15 Section 3.7. Security for the Bonds. 16 Section 3.8. Limited Obligations. 16 Section 3.9. Authorization for Master Indenture 16 Section 3.10. Contract with Owners and Trustee 17 ARTICLE 4 TERMS, PROVISIONS AND AUTHENTICATION OF IMPROVEMENT AREA #3 BONDS 17 Section 4.1. Form and Denominations. 17 Section 4.2. Title, Legends. 17 Section 4.3. Medium of Payment 17 Section 4.4. Improvement Area #3 Bonds Terms. 17 Section 4.5. Appointment of Initial Paying Agent/Registrar 18 Section 4.6. Owner of the Improvement Area #3 Bonds. 19 Section 4.7. Execution and Authentication of Improvement Area #3 Bonds. 19 Section 4.8. Improvement Area #3 Bonds in Certificated or Book-Entry- Only Form 19
PURPOSES, PLEDGE AND SECURITY. 13 Section 3.1. Purposes of Master Indenture, Contract with Owners 13 Section 3.2. Confirmation of Assessments. 13 Section 3.3. Collection and Enforcement of Assessments. 13 Section 3.4. Against Encumbrances 14 Section 3.5. Pledge and Security; Assignment to Trustee 14 Section 3.6. Security Agreement 15 Section 3.7. Security for the Bonds 16 Section 3.8. Limited Obligations 16
