RSA 162-I:7 Security Documents.

I. A security document may:
(a) Contain an assignment, pledge, mortgage or other encumbrance of all or part of the authority's interest in, or right to receive payments with respect to, an eligible facility under a financing document;
(b) Bear any appropriate title;
(c) Provide for a trustee for the benefit of holders of bonds issued to finance an eligible facility;
(d) Be combined with a financing document as one instrument;
(e) Contain covenants of the authority as to:
(1) The creation and maintenance of reserves;
(2) The issuance of other bonds with respect to the eligible facility;
(3) The custody, investment and application of moneys;
(4) The disposition of insurance or condemnation proceeds;
(5) The use of surplus bon