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<br /> Section 3. Insurance 45 <br /> Section 4. Letter of Credit 46 <br /> Section 5. Bonds 49 <br />( ARTICLE IX. DEFAULT <br /> Section 1. Notice and Default 50 <br /> Section 2. Cross Default 51 <br /> AR TlCLE X. FORECLOSURE, RECEIVERSHIP AND <br /> ABANDONMENT <br /> Section 1. Foreclosure 52 <br /> Section 2. Receivership 52 <br /> Section 3. Abandonment 52 <br /> AR TlCLE XI. PURCHASE OF SYSTEM <br /> Section 1. General 53 <br /> Section 2. Procedures 53 <br /> AR TICLE XII. MISCELLANEOUS <br /> Section 1. Transfer of Ownership or Control 56 <br /> Section 2. Removal After Termination or <br /> Relocation 57 <br /> Section 3. Work Performed by Others 58 <br /> Section 4. General Provision on Rights <br /> and Remedies 59 <br /> Section 5. Applicable Laws and Court Decisions: <br /> Severability 59 <br /> Section 6. Grantee Acknowledgment of Validity <br /> of Franchise 60 <br />l AR TICLE XIII. ADMINISTRA TlON AND ADVISORY BODY <br /> Section 1. Administrator 61 <br /> Section 2. Advisory Body 61 <br /> Section 3. Delegation of Authority by City 61 <br /> <br />(iii) <br />