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<br /> (b) If (i) any mutilated Bond is surrendered to the Bank, or the Issuer and the Bank receive
<br /> evidence to their satisfaction of the destruction, loss, or theft of any Bond, and (ii) there is delivered to
<br /> the Issuer and the Bank such security or indemnity as may be required by the Bank to save and hold each
<br /> of them harmless, then, in the absence of notice to the Issuer or the Bank that such Bond has been
<br /> acquired by a bona fide purchaser, the Issuer shall execute and upon its request the Bank shall register
<br /> and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost, or stolen Bond, a new Bond
<br /> of the same stated maturity and of like tenor and principal amount bearing a number not
<br /> contemporaneously outstanding.
<br /> (c) Every new Bond issued pursuant to this Section in lieu of any mutilated, destroyed, lost,
<br /> or stolen Bond shall constitute a replacement of the prior obligation of the Issuer, whether or not the
<br /> mutilated, destroyed, lost, or stolen Bond shall be at any time enforceable by anyone, and shall be entitled
<br /> to all the benefits of the Bond Resolution equally and ratably with all other outstanding Bonds.
<br /> (d) Upon the satisfaction of the Bank and the Issuer that a Bond has been mutilated,
<br /> destroyed, lost or stolen, and upon receipt by the Bank and the Issuer of such indemnity or security as
<br /> they may require, the Bank shall cancel the Bond number on the Bond registered with a notation in the
<br /> Register that said B'ond has been mutilated, destroyed, lost or stolen; and a new Bond shall be issued of
<br /> the same series and of like tenor and principal amount bearing a number, according to the Register not
<br /> contemporaneously outstanding.
<br /> (e) The Bank may charge the Owner the Bank's fees and expenses in connection with issuing
<br /> a new Bond in lieu of or exchange for a mutilated, destroyed, lost or stolen Bond.
<br /> .
<br /> (t) The Issuer hereby accepts the Bank's current blanket bond for lost, stolen, or destroyed
<br /> Bonds and any future substitute blanket bond for lost, stolen, or destroyed Bonds that the Bank may
<br /> arrange, and agrees that the coverage under any such blanket bond is acceptable to it and meets the
<br /> Issuer's requirements as to security or indemnity. The Bank need not notify the Issuer of any changes
<br /> in the security or other company giving such bond or the terms of any such bond, provided that the
<br /> amount of such bond is not reduced below the amount of the bond on the date of execution of this
<br /> Agreement. The blanket bond then utilized by the Bank for lost, stolen or destroyed Bonds by the Bank
<br /> is available for inspection by the Issuer on request.
<br /> Section 4.07. Transaction Information to Issuer. ,The Bank will, within a reasonable time after
<br /> receipt of written request from the Issuer, furnish the Issuer information as to the Bonds it has paid
<br /> pursuant to Section 3.01, Bonds it has delivered upon the transfer or exchange of any Bonds pursuant to
<br /> Section 4.0 I, and Bonds it has delivered in exchange for or in lieu of mutilated, destroyed, lost or stOlen
<br /> Bonds pursuant to Section 4,06.
<br /> ARTICLE FIVE
<br /> THE BANK
<br /> Section 5.01. Duties of Bank. The Bank undertakes to perform the duties set forth herein and
<br /> in accordance with the Bond Resolution and agrees to use reasonable care in the performance thereof.
<br /> The Bank hereby agrees to use the funds deposited with it for payment of the principal of, redemption
<br /> premium, if any, and interest on the Bonds to pay the Bonds as the same shall be come due and further
<br /> SANMAR',v..WSS...-OOCS'.PAR.027.., l41 HBBF 5
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