TRUST DEEDS 179 



same and Hit' terms and conditions upon wliicli 

 said bonds are issned, reference is lierebv made 

 to said mortgage or deed of trust with tlie same 

 force and effect as if the provisions thereof 

 were herein fully set forth. 



This bond may be redeemed in the manner 

 provided in said mortgage or deed of trust, at 

 any interest payment date before its date of ab- 

 solute maturity upon payment to the holder 

 hereof, or to said Union Trust Company, Trus- 

 tee, for the benefit of such holder, of the prin- 

 cipal hereof, together with all interest due here- 

 on at the date fixed for such redemption, and a 

 premium of three (3) per centum on the prin- 

 cipal hereof ; and in event of default as defined 

 in the aforesaid mortgage or deed of trust, the 

 principal of this bond may be declared and be- 

 come due and payable in the manner and with 

 the effect therein provided. 



This bond shall pass by delivery unless reg- 

 istered, but it may be registered as to the prin- 

 cipal hereof in the holder's name on registra- 

 tion books kept for that purpose by said Union 

 Trust Company, Registrar, such registry being 

 noted hereon by said Registrar, after which 

 only such registered holder shall be entitled to 

 receive the principal hereof; and if registered 

 no subsequent transfer hereof shall be valid, 

 unless made on said Registrar's books and 

 similarlv noted hereon; but the same mav be 

 discharged from registry by transfer to bearer, 

 after which it shall l)e transferable by delivery. 



