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Owner, and its registered assigns in effecting payment of the principal of and redemption <br />premium, if any, and interest on the Bonds by arranging for payment in such manner that funds <br />for such payments are properly identified and are made immediately available on the date they <br />are due. <br />Section 2,13 Bond Registration Books. (a) The Trustee will keep or cause to be kept <br />sufficient books for the registration and transfer of the Bonds, which shall at all times, upon <br />reasonable notice, be open to inspection by any Bondowner or his agent duly authorized in <br />writing or the Agency; and, upon presentation for such purpose, the Trustee shall, under such <br />reasonable regulations as it may prescribe, register or transfer or cause to be registered or <br />transferred, on such books, Bonds as hereinbefore provided. <br />(b) The person in whose name any Bond shall be registered shall be deemed the <br />owner thereof for all purposes thereof, and payment of or on account of the principal of, and the <br />interest on or redemption price of by such Bond shall be made only to or upon the order in <br />writing of such Owner, which payment shall be valid and effectual to satisfy and discharge the <br />liability upon such Bond to the extent of the sum or sums so paid. <br />(c) Upon initial issuance of the Bonds, the ownership of all such Bonds shall be <br />registered in the registration records maintained by the Trustee pursuant to Section 2.12 in the <br />name of Cede & Co. <br />Section 2.14 Mutilated, Destroyed, Stolen or Lost Bonds. in case any Bond shall <br />become mutilated, or shall be believed by the Agency or the Trustee to have been destroyed, <br />stolen or lost, upon proof of ownership satisfactory to the Trustee, and upon the surrender of <br />such mutilated Bond at the Corporate Trust Office or upon the receipt of evidence satisfactory to <br />the Trustee of such destruction, theft or loss, and upon receipt also of indemnity for the Trustee <br />and the Agency satisfactory to the Trustee, and upon payment by the Owner of all expenses <br />incurred by the Agency and the Trustee, the Agency shalt execute and the Trustee shall <br />authenticate and deliver at said office a new Bond or Bonds of the same Series and maturity and <br />for the same aggregate principal amount, of like tenor aid date, bearing the same number or <br />numbers, with such notations as the Trustee shall determine, in exchange and substitution for and <br />upon cancellation of the mutilated Bond, or in lieu of and in substitution for the Bond so <br />destroyed, stolen or lost. <br />If any such destroyed, stolen or lost Bond shall have matured or shall have been called <br />for redemption, payment of the amount due thereon may be made by the Agency or the Trustee <br />upon receipt of like proof, indemnity and payment of expenses. <br />Any such replacement Bonds issued pursuant to this section shall be entitled to equal and <br />proportionate benefits with all other Bonds issued hereunder. The Agency and the Trustee shall <br />not be required to treat both the original Bond and any duplicate Bond as being Outstanding for <br />the purpose of determining the principal amount of Bonds which may be issued hereunder or for <br />the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original <br />and replacement Band shall be treated as one and the same. <br />22 <br />3 -40 <br />