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aggregate 10 percent of the principal and interest payments on <br /> the Bonds in each Bond Year and over the term of the Bonds. <br /> SECTION 11. Mutilated, Lost or Destroyed Bonds. If any <br /> Bond shall become mutilated, the Bond Registrar shall <br /> authenticate and deliver a new Bond of like series, amount, date, <br /> interest rate and tenor in exchange and substitution for the Bond <br /> so mutilated, upon the owner's paying the expenses and charges of <br /> the City and the Bond Registrar in connection therewith and upon <br /> surrender to the City or the Bond Registrar of the Bond so <br /> mutilated. Every mutilated Bond so surrendered shall be <br /> cancelled by the Bond Registrar and redelivered to, or upon the <br /> order of, the City. <br /> In case the Bonds or any of them shall be lost, stolen or <br /> destroyed, the Bond Registrar may authenticate and deliver a new <br /> Bond or Bonds of like amount, date, and tenor to the registered <br /> owner thereof upon the owner's paying the expenses and charges of <br /> the City and the Bond Registrar in connection therewith and upon <br /> his/her filing with the Treasurer and the Bond Registrar evidence <br /> satisfactory to said Treasurer and Bond Registrar that such Bond <br /> or Bonds were actually lost, stolen or destroyed and of his/her <br /> ownership thereof, and upon furnishing the City and Bond <br /> Registrar with indemnity satisfactory to the Treasurer and Bond <br /> Registrar. <br /> SECTION 12 . Form of the Bonds. The Bonds shall be in sub- <br /> stantially the following form: <br /> UNITED STATES OF AMERICA <br /> STATE OF WASHINGTON <br /> CITY OF EVERETT <br /> LIMITED TAX LEVY GENERAL OBLIGATION BOND, 1990 <br /> SERIES A <br /> INTEREST RATE: MATURITY DATE: CUSIP NO: <br /> SEE REVERSE SIDE FOR CERTAIN DEFINITIONS <br /> -17- KR112 90/09/17 <br />