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<br />the Indenture) and payable during the term of the <br /> <br /> <br />Development Agreement, Loan Agreement, Regulatory <br /> <br /> <br />Agreement, Declaration and Indenture; and <br /> <br /> <br />(h) under the provisions of Minnesota <br /> <br /> <br />Statutes, Section 462C.07, and as provided in the <br /> <br /> <br />Loan Agreement and Indenture, the Bonds are not <br /> <br />to be payable from or charged upon any funds <br /> <br /> <br />· other than the revenues pledged to the payment <br /> <br /> <br />thereof; the City is not subject to any liability <br /> <br /> <br />thereon; no holder of any Bonds shall ever have <br /> <br /> <br />the right to compel any exercise by the City of <br /> <br /> <br />its taxing powers to pay any of the Bonds or the <br /> <br /> <br />interest or premium thereon, or to enforce <br /> <br /> <br />payment thereof against any property of the City <br /> <br /> <br />except the interests of the City in the Loan <br /> <br /> <br />Agreement which have been assigned to the Trustee <br /> <br /> <br />under the Indenture; the Bonds shall not <br /> <br /> <br />constitute a charge, lien or encumbrance, legal <br /> <br /> <br />or equitable, upon any property of the City <br /> <br />except the interests of the City in the Loan <br /> <br /> <br />Agreement which have been assigned to the Trustee <br /> <br /> <br />under the Indenture; the Bonds shall recite that <br /> <br /> <br />the Bonds are issued without moral obligation on <br /> <br />the part of the state or its political <br /> <br />9 <br />