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24 <br /> NOW, THEREFORE, in consideration of the mutual covenants and contained <br /> in this Supplemental Agreement, the parties agree as follows: <br /> ARTICLE I <br /> THE 2019 BONDS <br /> Section 1.01. Provision for 2019 Bonds; Advance. (a) The County will <br /> issue, and the Trustee will authenticate and deliver, 2019 Bonds in an aggregate <br /> principal amount of$ <br /> (b) The County is being paid $ from the sale of the 2019 <br /> Bonds. The County acknowledges that the amount paid to it is equal to the face <br /> amount of the 2019 Bonds (i) reduced by the amount of a discount for the <br /> underwriting of the 2019 Bonds and (ii) increased by the net original issue premium <br /> in the offering of the 2019 Bonds. The County will use the amount advanced as <br /> provided in this Supplemental Agreement to pay 2019 Project Costs. <br /> Section 1.02. Bonds Constitute Installment Contracts. Each of the <br /> 2019 Bonds, together with the County's corresponding obligations under the Trust <br /> Agreement and the Modified Deed of Trust, constitutes a separate "installment <br /> contract" within the meaning of Section 160A-20 between the County and the owner <br /> of that Bond. The County's payment obligations, and its other obligations under this <br /> Agreement and with respect to the Bonds, are secured by the lien on the Mortgaged <br /> Property created under the Modified Deed of Trust and by the other security <br /> provided for in the Trust Agreement. <br /> Section 1.03. Agreement Supplements 2018 Agreement; 2019 <br /> Bonds Are Additional Bonds. This Supplemental Agreement is a "supplemental <br /> agreement" for the issuance of Additional Bonds as provided in the 2018 <br /> Agreement, and the 2019 Bonds are "Additional Bonds" as defined in the 2018 <br /> Agreement. Except as modified by this Supplemental Agreement, all terms of the <br /> 2018 Agreement remain in effect and apply with respect to the 2019 Bonds to the <br /> same extent as to the 2018 Bonds. <br /> Section 1.04. Form and Details; Payments. The 2019 Bonds will be <br /> designated "Limited Obligation Bonds, Series 2019," and will be in substantially the <br /> 2 <br />