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$2- i~~.; I12? or on accnunt of the. principal of any such bond shall be space only to ar-upan the order of the registered ocv~ner thereof, or his legal representative; and neither the Issuer, the Trustee, the Paying Agent, nor the Bond. Registrar shall be affected by any notice to tha contrary, but such registration may be changed as herein prov3~ded. A11 such payments shall be valid and effectual to satisfy and discharge the liability> upon such bond to the extent of the sum or sums. sa paid. 7ihe Issuer, the Tn:stee, the Paying Agent or the. Band Registrar tray deem and treat the bearer of any bond which shall pat at Lhe tir..e be registered:. as to principal {except to bearer} and the bearer of any coupon appertainixzg to any bond, whether such bond be registered as to principal or not, as the absolute o~„-ner of such bond or coupon, as the case may be, whether such bona or coupon shall be overdue or not, for the purpose of receiving payment thereof' and fer all other . purposes ~ahatsoei~er, and neither the Issuer, the Trustee, the Paying agent, nar the Bond Registrar shall be affected by any notice to the contrary. The Trustee shall not be required to transfer an~r bond registered as to principal alone during the period of fifteen {15} days next preceding <~ny interest payment date, of such bond, nor after the publication. of notice calling such bond for redemption has bean made. Section 212. The Issuer hereby appaints the Trustee as Paying Agent for the 1982 Bonds. The Issuer shall, in any sups~lemental indenture a~rthorizing the issuance of bonds of other series, appoint a Paying Agent or Agents far such additional bonds. The bonds {and premium, if any) and inteMest thereon. shall be payable at the office of the respective-'Paying Agents hereby and thereby designated. Any r^ayizg Aget may re:sidn at any time. upon givira the Issuer at.e the Trustee not Less than sixty {50) days notice of such res gna tioa and any E'ayi.tg Agent. may be removed at the u:ritt~n request or upon the affirmative vote of the holders t < a rna ~ on t~ ~ r ~_ , °~ ~ ,' ~n pxinca~pal w~aunt oa the bonds outstand; -~g -2~_