Sec. 10-25. Security for the bonds.
The principal of and interest on any bonds issued by the city under this division may be secured by a pledge of, or security interest in, the revenues, rentals and receipts out of which the same may be made payable or from other moneys available therefor and not otherwise pledged or used as security and may be secured by a trust indenture (which may assign the city's rights in any loan agreements, leases, sale agreements, mortgages and deeds of trust which the city may have with the participant(s), and/or by a mortgagor deed of trust (including mortgages or deeds of trust from the participant(s) to the trustee) covering all or any part of the project from which the revenues, rentals or receipts so pledged or used as security may be derived, including any enlargements of and additions to any such project thereafter made. (Ord. No. 1841 (NCS), § 1.)