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<br />and Security Agreement and until a successor deoository shall be selected or designated, <br />shall receive, take and hold the Collateral whiCl is the subject hereof for the purposes <br />stated and will perform all of the terms and conditions hereof related to the receipt, <br />handling, holding and disposition of the Collateral. <br /> <br />12. Nothing contained in this Pledge of Securities ami Security Agreement shall be construed <br />as modifying in any respect any rights granted to the City in the Agreement in the event of <br />a default by the Bank thereunder. <br /> <br />13. The Custodian is executing this Pledge of Securities and Security Agreement for the <br />purpose of acknowledging its acceptance of the Collateral under the terms hereof. <br /> <br />IN WITNESS WHEREOF, the parties hereto have caused this Pledge of Securities <br />and Security Agreement to be executed on the dates set forth in the acknowledgment below, <br />in multiple originals, and delivered as of the date first above written. <br /> <br /> <br />CITY OF SA~ MARC(~ <br />BY:cifl~~~ ,- \ <br /> <br />ATTEST: <br /> <br />~~ n~L ~ <br /> <br />Signature <br /> <br />BANK: Norwest Bank Texas, N.A. <br />n ~/- 2 <br />By: ~//,~~~_ <br />S1Qnature /': <br /> <br />;;;-/l#'7-: kl/lr/J(,v/ j~ 11c~"I'l(KJ <br />Printed name, title <br /> <br />ATTEST: <br /> <br />CUSTODIAN: <br /> <br />Signature <br /> <br />By: <br />Signature <br /> <br />Printed name, title <br /> <br />Printed name, title <br />