HomeMy WebLinkAbout1796 x:.-r: - . . _ . . _ . , ~ .
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TLis Bond is one of a dnly antLorized issue of Bonda of the
_ Company (herein called the `~Fonda") of the series hereinafter ~
specified, all ontstanding under and eqnally secnred by a ~iort-
gage and Deed of Trust, dated as of Jannary 1, 1959, eaecuted by
tLe Company (nnder its then corporate name of Honston Teaas
(~as and Oil Corporation) to Bankera Trast Company and The
Barnett National Bank of JacksonviL'-~: (now named Barnett F`irst
National Bank of Jacksonville), Trnatees, and a Mortgage and
Deed of Trust, dated as of Jannary 1, 1959, eaecnted by Coastal
Transmission Corporation (subsequently merged into the Com-
pany) to Bankers Trnst Company, Trnstee, each as amended and
snpplemented (herein, as the same may hereafter be fnrther
amended and snpplemented, collectively called the '~Indenture"),
inclndi.ng a Consolidated Eighth Snpplementul Indentnre, dated
as of Angnst 1, 1962, ezecnted by the Company to Bankers Trnst
Company (herein called the ~~Trastee") and The Barnett Na-
tional Bank of Jacksonville, Trastees. $eference is hereby made
to the Indentnre for a description of the properties mortgaged
and pledged, the natnre and eatent of the security, the rights
and limitations of rights of the registered o~vners of the Bonds
and the rights, duties and immunities of said Trnatees in re-
epect thereof, and the terms and eonditions npon wluch tLe Bonds
are, and are to be, secured. The Bonds may be issned in se-
ries, for variona principal snms, may matnre at different times,
i may bear interest at different rates and may otherwise vary as
! in the Indentnre provided. This Bond is one of a seriea desig-
j nated as the "First llortgage Pipe Line Bonds, 9~/8 jo Series duc
~ January 1, 1990" (herein called the "Bonds of the 1990 Series") of
~ the Company, ontstanding nnder and secnred by the Indentnre,
~ and limited in aggregate principal amonnt to $25,00(3,000.
The Bonds of the 1990 Series are subject to redemption at
~ any time or from time to time prior to matnrity, at the option of
the Company, either as a whole or in part, npon payment of the
~ percentagea of the principal amount thereof set forth below nn-
~ der the heading '~Optional Redemption Pricea", together with se-
~ crned interest to the redemption date, npon notice given by mail-
~ ing the same to the registered holders oF the Bonds to be re-
~ deemed not more than 60 and not less than 30 daya before the
~ redemption date; provided, however, that egcept as permitted by
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