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<br />. <br /> <br />. <br /> <br />.8 <br /> <br />. <br /> <br />. <br /> <br />"'~,~ ~",:".,,- .'f-"""'"""'" <br /> <br />other than all or any part of the Pledged Revenues, Funds and Accounts as in <br />this Resolution set forth. The Bonds do not constitute an indebtedness within <br />the meaning of any constitutional or statutory debt limitation .or <br />restriction. Neither the members of the Agency nor any persons executing the <br />Bonds shall be liable personally on the Bonds or subject to any pers.onal <br />liability or accountability by reason of the issuance thereof. <br /> <br />The Bonds shall be and are equally secured by an irrevocable pledge of <br />the Pledged Revenues, Funds and Acc.ounts as herein pr.ovided, with.out priority <br />for number, date .of sale, date of execution, or date of delivery, except as <br />expressly provided herein. <br /> <br />The val idity of the Bonds is not and shall not be dependent upon the <br />perf.ormance of anyone .of his obligation relative to the Mortgage Loan Pr.ogram. <br /> <br />14 <br />