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45 <br /> (f) The Trustee must deposit in the Redemption Account of the Payment <br /> Fund all amounts paid to it for deposit in that Account, and must use those amounts <br /> within 12 months of their deposit to pay Bonds called for redemption on their <br /> redemption dates. <br /> (g) The Trustee must apply Net Proceeds deposited in the Redemption <br /> Account pursuant to Section 5.16 to the redemption of Bonds pursuant to Section <br /> 2.01(a) as directed by a County Representative. <br /> The Trustee must transfer any amounts not so used within 12 months of their <br /> deposit in the Redemption Account to the Interest Account for use on the next <br /> Payment Date to pay interest on the Bonds, and pending that use or in the absence <br /> of direction must invest those funds in Legal Investments having a yield not in <br /> excess of the Restricted Yield. <br /> Subject to retaining moneys necessary to pay Bonds that have been called for <br /> redemption but not yet presented for payment, the Trustee must use amounts in the <br /> Redemption Account as directed by a County Certificate to make transfers to the <br /> Interest Account or the Principal Account to the extent the balances in those <br /> Accounts may be insufficient. <br /> Section 3.06. Net Proceeds Fund. The Trustee must deposit in the Net <br /> Proceeds Fund (a) Net Proceeds as provided in Section 5.16 and (b) any other <br /> amounts paid to it for deposit in that fund. The County must direct the investment <br /> and reinvestment of all amounts on deposit in the Net Proceeds Fund only in Legal <br /> Investments having a yield not in excess of the Restricted Yield, to the extent those <br /> amounts are on deposit on any date following the later of(i) the third anniversary of <br /> the Closing Date or (ii) 30 days from the payment of those Net Proceeds to the <br /> County or the Trustee. The Trustee must disburse Net Proceeds for replacement or <br /> repair as provided in Section 5.16. <br /> ARTICLE IV <br /> SECURITY: APPROPRIATIONS: LIMITED OBLIGATION <br /> Section 4.01. Payments on the Bonds; Additional Payments. (a) <br /> The County will make full and timely payment of all Bond Payments and Additional <br /> Payments due from the County under this Agreement, subject to the limitations of <br /> 14 <br />