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COVENANTS; LIMTTATION OF LIABQ.ITY; ASSIGNMENT ......................29 <br />Section 601. Authority to Perform Lease Agreement ................................. ........29 <br />Section 602. Assignment by Authority .............................._....__..___.._... ........29 <br />Section 603. Action In the Event of Non-Payment of Lease Paymen[s....... ...._..30 <br />Section 604. No Obligation by City to Owners......_...._....__ .................... ........30 <br />Section 605. No Obligation for Performance by Trustee ............................ ........30 <br />Section 606. No Liability to Owners for Payment ......................__............ ........30 <br />Section 607. No Responsibility For Sufficiency ........................................... ........30 <br />Section 608. Trustee May Require Opinion of Counsel .............................. ........31 <br />Section 609. (Intentionally Omitted] .......................................................... ........31 <br />Section 610. Power of Trustee [o Control Proceedings .............................. ........31 <br />Section 6] 1. Limitation on Bond Owners' Right to Sue .............................. ........31 <br />Section 612. Owners as Third Party Beneficiaries ..........................:........... ........32 <br />Section 613. Institution of Legal Proceedings .............. _.... _................ _.... ........32 <br />Section 614. Non-Waiver .......................................................................... ........32 <br />Section 615. Remedies Not Exclusive ........................................................ ........32 <br />Section 616. Application of Funds . ....................................................................33 <br />ARTICLE VII ........................................................................................................33 <br />AMENDMENT; DEFEASANCE; ADMINISTRATIVE PROVIS[ONS............33 <br />Section 701. Amendment to Trust Agreement and Lease Agreement.: _ .... .........33 <br />Section 702. Defeasance ........................................................................... .........34 <br />Section 703. Trustee [o Keep Records. _ ...............................................__ .........35 <br />Section 704. California Law ..................................................................... .........35 <br />Section 705. Severability ................__..................................................._. .........35. <br />Section 706. Binding on Successors .......................................................... .........35 <br />Section 707. Execution in Counterparts .................................................... .........36 <br />SeMion 708. Headings . ......................................................................................36 <br />APPENDIX A ...........................................................................................................1 <br />EXHD3IT B <br />m <br />9406901M.LAI <br />