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Arm rr ~s ~sY oovB~u?xrsu by tL~ Co~npaoy ti~t all tLe ~ma, cod-
d.itions, Pi'oti?isoa. oove~anta and pt+ovido~as oontaio~od in tha Matgage ~6s8
~oa ~a ~y ~ ~ ~~cy ~aea ~a ~~ea ~,a ~ ^
the estate, rights, c~bli8,ations and d~tios of ti~ Company aad Tivste~ ~
and the ba~diciaries of the trust with se~poct bo stid pc+opcrty, and tc? the
' Tn~tee~ and their suooesaocs as Tnvtea o~ said pcoperty ia tfys sau~e mssnex
asd with thc same e~ect aa if the ~aid pt+opecty bad boaa ow~ed b~? t6~ Co~act-
P~Y at the time of the ezecution of t6a Mortg~o, and h~d been qpo~Scalt~
and at leagth de~cribed in and eonv~eyod to taid Tivs~eee, by th~ Mor~ ss
a part af the propettp thereu staacd to be ovav~ey~od. ~
The Compaa~? furthcr covcaants and ag~rees ~o and with t6e Tmstaes ~
aad tL~eir wocessors in said trust tmder tLa 11~ar#g,~g{c, aa follo~vs: -
ABTICLS L
- l~eadh Se~ia ~E Bo~uir.
SECnox 1. There shall be a series of b~?ds de.signated "6~ 96 Series
due 1997", herein swnetimes refened to as the `2liaeteenth Series". each
of wfiich shall also bear the descriptive title F'ust Mortgage Bond, and the
form theraof, wbich shall be ostaWi~shed by Resolution af tltia Board af
Diroct~ors of the Company, shall contain suitabte provisioa4 with rtspoct
to th~ matte,~s bereanafter in this Section spocified. Bonds of the Nineteenth
Series shall mature on December I, 1997, and shall be issued as fvlly -
registered bonds in denominations of One Thousand Dollars and, at the
opsian of the Cosipa~r, ia any mnttipk vr maltiples af One Thousand
Uollars (the ezercis~ of anch uptioa ~o be evidenaed b9 tha ezeceition aad
dalive~y t~ereof t~ey ahall bear interest at th~ rate of six and d?~quarters
per oentam (63a per annwn, pa~rabk aa June 1 end
D~ecember 1 of eac~ year; the principal of and 'mter~st on each said bofld to be
Pa3+able at the oH'we or a~ency af the Company in t~x Boroegh of Manbattan,
The City of New York, in such coin or currency of the Un~ed States of
America as at ihe tinae of ~ayment is legal tonder for public wd private debts.
Bonds of the Nineteenth Series shall be dated as in Section 10 uf tLe M+ortgag~e
Pmvidod.
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