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This Bond is one of a dnly anthorized issne of Bonds of the
Company (herein called the `~Bonds") of tLe series hereinafter
specified, sll ontstanding under and equally secnred by a Mort-
gage and Deed of Trnst, dated as of Jannary 1,1959, ezecnted by
the Company (nnder its then corporate name of Honaton Teaes
(~as and Oil Corporation) to Bankers Trnst Compsny and The
Barnett National Bank of Jacksonville (now named Barnett First
National Bank of Jacksonville), Trnstees, and a Mortgage and
Deed of Trnst, dated as of Jannary 1,1959, ezecnted by Coastal
Transmission Corporation (subsequently merged into the Com- "
panp) to Baukers Trnst Company, Trustee, each ae amended and
supplemented (herein, as the same may hereafter be fnrther
amended and snpplemented, collectively called the `~Indentnre"),
inclnding a Consolidated EigLth Snpplemental Indentnre, dated
as of Augnst 1,1962, ezecnted by the Company to Bankers Trast
Company (herein called the Trnstee and The Barnett Na-
tional Bank of Jacksonville, Trastees. Beference is hereby made
to the Indentnre for a description of the properties mortgaged
and pledged, the natnre and e~ent of the secnrity, the rights and
limitations of rights of the registered o~cners of the Bonds
- and the rights, duties and immunities of said Trustees in
respect thereof, and the terms and conditions upon tichich the
Bonds are, and are to be, secnred. The Bonds may be issned in ,
series, for varions principal snms, map matnre at different timea,
may bear interest at different rates and may otherwise varp as
~ in the Indentnre provided. This Bond is one of a series desig-
' nated as the ~~First ~fortgage Pipe Line Bnnds, 6~/g% Series dne -
~ August 1,193?" (herein called the "Bonds of the 19Q'7 8eries") -
' of the Compnnp, outstanding nnder and secnred by the Indenture,
~ and limited in aggregate principal amonnt to $30,000,000.
' The Bonds of the 1987 Series are snbjeet to redemption at
; ~ny time or from time to time prior to maturitp, at the option of _
' the Company, either as a~chole or in part, npon payment of the
~ percentages of the principal amonnt thereof set forth below nnder
t the beading "Optional ftedemption Prices", together with ae-
' crued interest to the redemption date, upon notice g?iven by mail-
' ing the same to the registered holders of the Bonde to be re-
' deemed not more than 60 and not less than 30 daya before the
~ redemption date; provided, however, that ezcept as permitted by
l the Indentnre in the case of the redemption of Bonds by applica-
~ tion of certain moneys held by the Trnatee, the Companp shalI
1 not redeem any Bonds of the 1987 Seriea if such redemption is
" ~ BOOK 16? :~~~~265?
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