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Obligations or coupon be lost, stolen or destroyed, without surrender <br />thereof. <br />All such duplicate Obligations and coupons issued pursuant <br />to this section shall constitute original, additional contractual <br />obligations on the part of the issuer whether or not the lost, stolen <br />or destroyed Obligations or coupons be at any time found by anyone, <br />and such duplicate Obligations and coupons shall be entitled to <br />equal and proportionate benefits and rights as to lien on and source <br />and security for payment from the funds, as hereinafter pledged, to <br />the same extent as all other Obligations and coupons issued hereunder. <br />SECTION 11. PROVISIONS FOR REDEMPTION. The Obligations <br />of this .issue maturing in the years 1980 to 1985, both .inclusive, <br />shall not be redeemable prior to their respective stated dates of <br />maturity. The Obligations maturing in the year 1986 and thereafter <br />shall be redeemable prior to their respective stated dates of maturity, <br />at the option of the Issuer, in ahole or in part, in inverse numerical <br />order if: less than all, on September 1, 1985, or on any interest <br />payment date thereafter at par and accrued interest to the date of <br />redemption, plus a premium of two per centum (23) of the par value <br />thereof, if redeemed on September 1, 1985. Such premium shall reduce <br />at the rate of one-fourth of one per centum (1/4a) on each September <br />1 thereafter; provided, however, that such premium shall never be <br />less than one per centum (1%) of the par value thereof. <br />Notice of such redemption (i) shall be published at least <br />thirty (30) days prior to the redemption date in a financial journal <br />published in the Borough of Manhattan, City and State of New York, <br />(ii) shall be filed with the paying agents, and (.iii) shall be mailed, <br />postage prepaid, to all registered owners of Obligations to be redeemed <br />at their addresses as they appear on the registration books herein- <br />above provided for. Interest shall cease to accrue on any obliga- <br />tion duly called for prior redemption on the redemption date, if <br />payment thereof has been duly provided. <br />SECTION 12. FORM OF OBLIGATIONS AND COUPONS. The obliga- <br />tions, the interest coupons to be attached thereto, and the certifi- <br />cate of validation shall be in substantially the following form, with <br />-8- <br />