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<br />TABLE OF CONTENTS <br /> <br />Page <br /> <br />ARTICLE I <br /> <br />DEFINITIONS; GENERAL <br /> <br />Section 1.01. Definitions.................................................................................... 3 <br />Section 1.02. Rules of Construction................................................................... 8 <br /> <br />Section 1.03. Equal Security.............................................................................. 9 <br /> <br />ARTICLE II <br /> <br />ISSUANCE OF BONDS <br /> <br />Section 2.01. Bonds Authorized........................................................................ 10 <br />Section 2.02. Unpaid Assessments.................................................................... 10 <br />Section 2.03. Issuance of Bonds ....................................................................... 10 <br />Section 2.04. Maturities of Bonds...................................................................... 10 <br />Section 2.05. Interest on Bonds......................................................................... 10 <br />Section 2.06. Designation of Agent ................................................................... 11 <br />Section 2.07. Form of Bonds ............................................................................. 11 <br />Section 2.08. Preparation and Delivery of Bonds............................................... 11 <br />Section 2.09. Execution of Bonds...................................................................... 11 <br />Section 2.10. Transfer and Exchange of Bonds ................................................. 11 <br />Section 2.11. Temporary Bonds ........................................................................ 12 <br />Section 2.12. Bond Registration Books ............................................................. 12 <br />Section 2.13. Bonds Mutilated, Lost, Destroyed or Stolen................................. 12 <br />Section 2.14. Redemption Prior to Maturity....................................................... 13 <br />Section 2.15. Refunding of Bonds ..................................................................... 13 <br /> <br />ARTICLE III <br /> <br />SALE AND DELIVERY OF BONDS <br /> <br />Section 3.01. Sale of Bonds.............................................................................. 14 <br />Section 3.02. Further Authority.......................................................................... 14 <br /> <br />ARTICLE IV <br /> <br />APPLICATION OF PROCEEDS OF BONDS; ESTABLISHMENT OF FUNDS <br /> <br />Section 4.01. Application of Proceeds of Sale of Bonds ................................... 15 <br />Section 4.02. Improvement Fund....................................................................... 15 <br />Section 4.03. Reserve Fund............................................................................... 15 <br />Section 4.04. Redemption Fund........................................................................ 15 <br />Section 4.05. Cost of Issuance Account............................................................ 15 <br />Section 4.06. Investment of Funds..................................................................... 16 <br />Section 4.07. Escrow Fund................................................................................ 16 <br /> <br />(i) <br />