| 1.__Trust indentures.__In the discretion of the authority, |
bonds may be secured by a trust indenture by and between the |
authority and a corporate trustee, which may be any trust company |
or bank having the powers of a trust company within or outside of |
the State, or by a loan or other security agreement with a lender |
or with such a trustee containing provisions that may be included |
in a bond resolution or trust indenture under this chapter.__The |
trust indenture or loan or other security agreement may pledge or |
assign tolls or revenues to be received but may not convey or |
mortgage the turnpike or any part thereof. Either the resolution |
providing for the issuance of the bonds or the trust indenture or |
loan or other security agreement may contain provisions for |
protecting and enforcing the rights and remedies of the |
bondholders or other lenders or of the trustee, if any, as may be |
reasonable and proper and not in violation of law, including: |
covenants setting forth the duties of the authority in relation |
to the acquisition of property; the construction, maintenance, |