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7 <br />(unless this Bond is dated after any June 15 or December 15, and <br />oil or prior to the next succeeding, July I or January 1, as the <br />case may be, in which ease, if interest is paid in accordance with <br />tile proN-iso of tilis sentence, froni such succeeding July I or January <br />1), selui-aluillally Oil July I and January 1, of each year, until <br />paynieut of Said principal suni lias been made or duly pro- <br />vided for; provided, however,'that so long is there is no existing <br />default in the payment of interest Olild except for the paYllielit <br />or defaulted interest), the interest pa\ -able oil in\ Jill\ I and <br />January I will be paid to th( per-soll ill. w1iose name this Bond <br />was registered at the close or business ("vIlether oi- not a blisilless <br />December 15, as the, case 111,1v be, next pre- <br />daN Oil the June lio. 01 <br />ceding such interest paviiient (late. If and to the extent that the <br />Company sliall ddfault in the paviiient of interest due Oil 111IN <br />Ifilly I or January 1, suell defaulted illtor6st sliall he paid to the <br />'istered <br />person in whose- name this Bond i\as rep at the close of <br />a -cco A (late esta blislied In. notice for the <br />business oil , sul.)sequent i I <br />p -iiieiit of such defaulted interest, -which notice shall be (,.ivell <br />ai <br />not less than 1.5 days prior to such record dafe. <br />This Bond is one of the Consolidated Mort -a -e Bonds of the <br />Company, lierein sonictinies called the Bonds, all issued and to <br />be issued in one or more series under, and equally secured by, <br />all indenture, dated Marell 2, .1970, executed by the Co ilipaily to <br />ALIORGANT GUARANTY TRUST COMPA-XY OF NEW Yoiu�, a corporation <br />dulv org'anized and existing iiiider the hl.ws of the State of New <br />York (licrein called the 11(,!.orporate Trustee"), and J��coii M. <br />Fow) II, as Trustees, herein, as aniended and supplemented from <br />tillic to t.ilue, sometimes called the "Indenture", to which Inden- <br />ture and any and all supplements thereto reference is hereby <br />made for a description of the properties and f ranchises mortgaged <br />and pledged, the nature aild extent of security aild the' riglits of <br />0 <br />tile holders of' flic Bonds and coupons and the rig -lits, dutics and <br />immunities of the -Trustees theremider. <br />