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zoos~oo43 of record as of the fifteenth day of the month immediately preceding the month in which the Interest Payment Date occurs (the "Record Date"), subject to the provisions of Section 4 of this Article II. The 20090 Bonds shall be numbered from 1 upwards, in the order of their issuance. No 20090 Bond shall be issued originally or upon transfer or partial redemption having more than one principal maturity. The initial bond numbering and principal amounts for each of the 20090 Bonds issued shall be designated by the Trustee as directed by the initial purchaser thereof. Payments of interest due on the 20090 Bonds shall be made by the Trustee by mailing a check or draft (or wire in the case of the Depository under Section 1 I of this Article II) in the amount due for such interest on each Interest Payment Date to the registered owner of each 20090 Bond, as of the Record Date for such Interest Payment Date, to such owner's registered address as shown on the books of registration as required to be maintained in Section 3 of this Article II. Payments of principal due at maturity or at any date fixed for redemption prior to maturity shall be made by the Trustee to the registered owners upon presentation and surrender of the 20090 Bonds to the Trustee, subject to the provisions of Section 11 of this Article II. The Corporation and the Trustee may treat the registered owner of any 20090 Bond as the absolute owner of such 20090 Bond for the purpose of making payments thereon and for all other purposes and neither the Corporation nor the Trustee shall be affected by any notice or knowledge to the contrary, whether such 20090 Bond or any installment of interest due thereon shall be overdue or not. All payments on account of interest or principal made to the registered owner of any 20090 Bond in accordance with the terms of this Second Supplemental Trust Indenture and Security Agreement shall be valid and effectual and shall be a discharge of the Corporation and the Trustee, in respect of the liability upon the 20090 Bonds or claims for interest to the extent of the sum or sums so paid. Section 3. The Trustee shall keep and maintain for the Corporation books for the registration and transfer of the Bonds at its principal corporate trust office. The names and registered addresses of the registered owner or owners of the Bonds shall at all times be recorded in such books. Any Bond may be transferred pursuant to its provisions at the principal corporate trust office of the Trustee by surrender of such Bond for notation of transfer, accompanied by a written instrurnerit of transfer, in form satisfactory to the Trustee, duly executed by the registered owner in person or by such owner's duly authorized agent, and thereupon the Trustee on behalf of the Corporation will register such transfer upon said registration books and make notation thereof on the Bond and deliver the same to the transferee registered owner (or send it by registered mail to the transferee owner at such transferee owner's risk and expense). To the extent of the denominations authorized for the Bonds by this Second Supplemental Trust Indenture and Security Agreement or any supplement hereto, one Bond may be transferred for several such Bonds of the same series, interest rate and maturity, and for a like aggregate principal amount, and several such Bonds may be transferred for one or several such Bonds, respectively, of the same series, interest rate and maturity and for a like aggregate principal amount. In every case of transfer of a Bond, the surrendered Band shall be cancelled and destroyed. All Bonds issued upon transfer of the Bonds so surrendered shall be valid obligations of the Corporation under this Second Supplemental Trust Indenture and Security Agreement evidencing the same obligation as the Bonds surrendered and shall be entitled to all the benefits and protection of this Second Supplemental Trust Indenture and Security Agreement to the same extent as the Bonds upon transfer of which they were delivered. Payments of interest shall be mailed to the registered owners as of the Record Date for each Interest Payment Date. The Corporation and the Trustee shall not be required to transfer any Bond during any period from any Record Date until its immediately following Interest Payment Date or to transfer any Bond called for redemption for a period of 30 days next preceding the date fixed for redemption. Section 4. In the event that payments of interest due on the Bonds on au Interest Payment Date are not timely made, such interest shall cease to be payable to the registered owners as of the Record Date for such Interest Payment Date and shall be payable to the registered owners of the Bonds as of a special 5