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SECTION 2.7. Mutilated, Lost, Stolen or Destroyed Bonds. In the event any Bond
<br /> is mutilated, lost, stolen or destroyed, the Issuer shall execute and the Trustee shall authenticate a
<br /> new Bond of like series, date, interest rate,maturity and denomination to the mutilated, lost, stolen
<br /> or destroyed Bond, provided that, in the case of any mutilated Bond, such mutilated Bond shall
<br /> first be surrendered to the Trustee, and in the case of any lost, stolen or destroyed Bond,there first
<br /> shall be furnished to the Trustee evidence of such loss, theft or destruction satisfactory to the
<br /> Trustee,together with an indemnity satisfactory to the Trustee. In the event any such Bond(except
<br /> a mutilated Bond) shall have matured, instead of issuing a duplicate Bond, the Trustee, on behalf
<br /> of the Issuer, may pay the same without surrender thereof, making such requirements as it deems
<br /> fit for its protection, including a lost instrument bond. The Trustee may charge the Bondholder of
<br /> such Bond with its reasonable fees and expenses for such service.
<br /> Every substitute Bond issued pursuant to the provisions of this Section by virtue of the fact
<br /> that any Bond is lost, mutilated, stolen, destroyed, or improperly canceled shall constitute an
<br /> additional contractual obligation of the Issuer, whether or not the lost, destroyed or improperly
<br /> canceled Bond shall be at any time enforceable, and shall be entitled to all the benefits of this
<br /> Indenture equally and proportionately with any and all other Bonds duly issued hereunder. All
<br /> Bonds shall be held and owned upon the express condition that,to the extent permitted by law, the
<br /> foregoing provisions are exclusive with respect to the replacement or payment of lost, mutilated,
<br /> stolen, destroyed or improperly canceled Bonds, notwithstanding any law or statute now existing
<br /> or hereafter enacted.
<br /> SECTION 2.8. Reoistration, Transfer and Exchange of the Bonds; Persons
<br /> Treated as Bondholders. The Trustee is hereby constituted and appointed the Bond Registrar of
<br /> the Issuer and shall keep for and on behalf of the Issuer books for the registration and for the
<br /> transfer of the Bonds as provided in this Indenture. The principal of any Bond shall be payable
<br /> only to or upon the order of the Registered Owner or its legal representative. Upon surrender for
<br /> transfer of any Bond at the designated corporate trust office of the Trustee, duly endorsed for
<br /> transfer or accompanied by an assignment duly executed by the Registered Owner or its attorney
<br /> duly authorized in writing, the Issuer shall execute, and the Trustee shall authenticate, date, and
<br /> deliver in the name of the transferee or transferees a new Bond or Bonds for a like aggregate
<br /> principal amount.
<br /> Bonds may be exchanged at the designated corporate trust office of the Trustee for a like
<br /> aggregate principal amount of Bonds of other authorized denominations of the same series, date,
<br /> interest rate and maturity. The Issuer shall execute, and the Trustee shall authenticate and deliver
<br /> Bonds which the Registered Owner making the exchange is entitled to receive, bearing numbers
<br /> not contemporaneously then outstanding. The execution by the Issuer of any Bond of any
<br /> denomination shall constitute full and due authorization of such denomination, and the Trustee
<br /> shall thereby be authorized to authenticate and deliver such Bond.
<br /> In each case, the Trustee shall require the payment by the Registered Owner requesting
<br /> exchange or transfer of any tax or other governmental charge required to be paid with respect to
<br /> such exchange or transfer and of any other expenses necessarily incurred in connection with such
<br /> transfer.
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