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date of giving such notice, the balance of such money then unclahned will be returned to the <br />Agency. <br />Section 12.04 Moneys Held for Particular Bonds. The money held by the Trustee for <br />the payment of the principal of or premirun or interest on particular Bonds due on any date (or <br />portions of Bands in the case of Bonds redeemed in part only) shall, on and after such date and <br />pending such payment, be set aside on its books and held in trust by it for the Owners of the <br />Bonds entitled thereto, subject, however, to the provisions of Section 12.03 hereof, but without <br />any liability for interest thereon. <br />Section 12.05 Successor Is Deemed Included to Ad xererences w X-FRUSUEM .. <br />Whenever in the Indenture either the Agency or any City Council member or officer or employee <br />thereof is named or referred to, such reference shall be deemed to include the successor to the <br />powers, duties and functions, with respect to the management, administration and control of the <br />affairs of the Agency, that are presently vested in the Agency or such City Council member, <br />officer or employee, and all the agreements, covenants and provisions contained in the Indenture <br />by or on behalf of the Agency or any City Council member, officer or employee thereof shall <br />bind and inure to the benefit of the respective successors thereof whether so expressed or not. <br />Section 12.06 Fxecution of Documents by Owners. Any request, declaration or other <br />instrument which the Indenture may require or permit to be executed by Owners may be in one <br />or more instruments of similar tenor, and shall be executed by Owners in person or by their <br />attorneys appointed in writing. <br />Except as otherwise herein expressly provided, the fact and date of the execution by any <br />Owner or his attorney of such request, declaration or other instrument, ox of such writing <br />appointing such attorney, may be proved by the certificate of any notary public or other officer <br />authorized to take acknowledgments of deeds to be recorded in the state or territory in which he <br />purports to act, that the person signing such request, declaration or other instrument or writing <br />acknowledged to him the execution thereof, or by an affidavit of a witness of such execution, <br />duly sworn to before such notary public or other officer. <br />The Trustee may nevertheless in its discretion require further or other proof in cases <br />where it deems the same desirable. The ownership of registered Bonds and the amount, <br />maturity, number and date of holding the same shall be proved by the registry books provided for <br />in Section 2.12. <br />Any request, declaration or other instrument or writing of the Owner of any Bond shall <br />bind all future Owners of such Bond with respect to anything done by the Agency in good faith <br />and in accordance therewith. <br />Section 12.07 Waiver of Personal Liability. No City Council member or officer or <br />employee of the Agency shall be individually or personally liable for the payment of the <br />principal of, premium, if any, and the interest on the Bonds, but nothing herein contained shall <br />relieve any City Council member or officer or employee of the Agency from the performance of <br />any official duty provided by law. <br />56 <br />3 -74 <br />