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<br />Corporation or its employees, the occupants of the Facilities or the owners and/or occupants of <br />property adjacent to or surrounding the Facilities. <br /> <br />SECTION 7.12. REDEMPTION OF BONDS. The Issuer, at the request at any time of the <br />Corporation and if the Bonds are then callable, shall forthwith take all steps that may be necessary <br />under the applicable redemption provisions of the Indenture to effect redemption of all or part of the <br />then Outstanding Bonds, as may be specified by the Corporation, on the earliest redemption date on <br />which such redemption may be made under such applicable provisions, provided that the <br />Corporation shall have made available funds in adequate amount therefor or shall have made <br />arrangements satisfactory to the Trustee therefor. Except as otherwise provided in Sections 2.9 and <br />2.10 of the Indenture, Bonds shall be called for redemption by the Issuer only upon the direction of <br />the Corporation. Notice of any optional redemption of Bonds shall be provided by the Corporation <br />to the Trustee not less than forty-five (45) days in advance of the applicable redemption date. <br /> <br />SECTION 7.13. To OBSERVE LAWS, ORDINANCES AND REGULATIONS. The Corporation <br />will observe all applicable laws, regulations, ordinances and orders of the United States, State of <br />North Dakota and agencies and political subdivisions thereof and each department or agency thereof, <br />applicable to the Corporation, its business and property. The Corporation shall have the right to <br />contest by appropriate procedures the adoption, validity or applicability of any laws, regulations, <br />ordinances and orders referred to in this Section. <br /> <br />SECTION 7.14. RECORDING AND FILING FEES. The Corporation shall pay all recording, <br />filing and registration taxes and fees, together with all expenses incidental to the preparation, <br />execution, acknowledgment, filing, registering and recording of the Mortgage, the Assignment and <br />of any notice pursuant to the Uniform Commercial Code and of any instrument of further assurance, <br />including any filing or instrument required ofthe Issuer, and all taxes, duties imposts, assessments <br />and charges lawfully imposed upon the Bonds or upon the Indenture or this Loan Agreement. <br /> <br />(Remainder of this page intentionally left blank.) <br /> <br />7-9 <br />