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pl''f!flliUUI ratably. -.rithc..\lt tlnt.~ Of pri~f'ity of principal q'fer
int~rt".t or p:-emlll.I1l, os: of lcte1'Ut ("..r prlMipiLl I:.'f p~
lit of pt~mitun ovef VriMip&1 (Jf inMtMl. or of MY iu~.l~t of
iQw~t ~f" uy othofr iD..~t of ibt.t'Nt, ..b~ boYftcl
to ~ 6.0J. Staab paym@J1tA tUll btl made Otl t1w; date bed tlwr~,
for hy t.b~ Trn.~, l1pc.n prltMlttatiOD of the ..vel1U BoDdt u.d
~"UPQUi ud Iw.upi~ .udl pa~t the~ if putWly paid.
and up<<)n tnarrmd.r a.u.d ea.DOQU..tioa u..not if fully pUrl.
T^td; An 81lf'p111l then mn&i:ai~ to the C:omp&Uy, or it..
AUf;<YeUD" {H' jAj5ign.., iH to wh~VE!r may ~ 1&'frluUy ,.utWf;!t
to ~iTt' thf: ~t or lU $\ oourt of oom~ttut j.rUciiotioG mal
dir~t.
~ 10.08, Cf.w~h t-o ~ TrNi" ,~pttC... e.4~rUf ;.. OY.
(If CM~ IHf~jll; r,..,Ut ~~d 10 r~ ~t t~t.Jf'";
lipplicdt~ of ",01iW)'$ U~H. by rnuUt. In ~
(a) d.f&.ldt ~l be ~ in ~ pa.ymt't\t of Ul inlta~t
(,' inwrett on any Bond, ....hen ud at the u:mAl !haU ~ .-
Mnd l)Arabl~t and .~h defauit ,ban hAve oontinntld for · plt'riod
or 30 day-s i or
{b} d.dau.lt ..haU l~ ttUlle in t.l\@ payment of t.M pri.JNlipAlof
tuly nond, w1:wn Uw MUle ,haB ha'ftt ~oomE' du~ and jl4lyahl~;
wheth~r at w.-tu.ritj tb~t'Mf Of by d.:'.laraHon alii autboriMd in
~ .H}.Ol t.n ot~rwi~. or upon 8 8illit U 'ProTid~ in ~ 1().I'J8, or
othuwi~ ;
theut UpC)f.! di!IUAnd or th.t Tru.tt.~. t.h., Company will pay tJ) UR T1"U--
t~t for the be~iH of tiw bo1.d~r8 of th~ Bondi aM. eoupo~, ~ .1&
!l!.11iJUnt ~n du~ wd pa~h1,~ uf} aU lSUeh :Bow lllnd ooupo~ fer
inh~t~st ur prineipal., or both, a8 th~ ~ mAY ~. with rnt4rdt.. if and
to thi;> ext~nt pt'rmiH~l by lAW, at ili8 raiIJ .~iJed in ~ Bomb
"von th~ o\'t'rdue princip.l t&.ud t,hr; QV@rd'tW iM~nta of iate~~
fiud. in C#__f:l th~ Gvmpany 8bAll fail 1.0 pit-)' ~ i.liU1W forUnrith 'llpUl'i
llti~h d..t:Mn.d. tlw Tru~t~1 in it5 owu r.!Am~ ..00 M tr\lftoo of a.tl
uxpress tro't, ~hil1i llt) ~ntitk,d t(} ttlOOVH j~llt ~.h\jt ~ Coo.n.
~..n1 or &ilJ' otb~r ohHgflf up<Jti th,e &ni.ht for tht- whQl~ Am,fiunt a<O
d~ and unp6Jd