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• whether or not the lost, stolen or destroyed Bond may be found at any time, or may be <br />enforceable by anyone, will be entitled to all the benefits of this Trust Agreement <br />equally and proportionally with any and all other Bonds duly executed and delivered <br />hereunder. <br />Section 2.06. Cancellation. Whenever a Bond is delivered to the Trustee <br />for cancellation (upon payment, prepayment or otherwise) or for transfer, exchange or <br />replacement, the Trustee will promptly destroy the Bond and deliver a written certificate <br />of such destruction to the County. <br />Section 2.07. Temporary Bonds. Prior to the preparation of Bonds in <br />definitive form the Company may execute, and the Trustee may authenticate and deliver, <br />temporary Bonds in such denominations as the County may determine, but otherwise in <br />substantially the form set forth in Exhibit B, with appropriate variations, omissions and <br />insertions. The Company will promptly prepare, execute and deliver to the Trustee, <br />before the first Payment Date for such Bonds, permanent Bonds in definitive form, and <br />thereupon, upon surrender of Bonds in temporary form, the Trustee will authenticate and <br />deliver in exchange therefor Bonds in defmitive form of the same maturity having an <br />equal aggregate principal amount. Until exchanged for Bonds in definitive form, Bonds <br />in temporary form will be entitled to the lien and benefit of this Trust Agreement. <br />. Section 2.08. Non-Presentment of Bonds. (a) If any Bond is not presented <br />for payment when the principal with respect to the same becomes due (whether at <br />maturity, upon acceleration or call for prepayment or otherwise), all liability to the <br />Owner thereof for the payment of such Bond will be completely discharged if funds <br />sufficient to pay such Bond and the premium, if any, and interest due with respect thereto <br />are held by the Trustee for such Owner's benefit, and thereupon it will be the Trustee's <br />duty to hold such funds subject to subsection (b) below, without liability for interest <br />thereon, for the benefit of such Owner, who will thereafter be restricted exclusively to <br />such funds for any claim. of whatever nature under this Trust Agreement- with respect to <br />such Bond. <br />(b) Notwithstanding any provision of this Trust Agreement to the contrary, the <br />Trustee will dispose of moneys held by it for the payment of principal, premium, if any, <br />or interest with respect to Bonds left unclaimed for five years after the date the principal <br />with respect to the same becomes due in accordance with N.C. Gen. Stat. Sec. 116B-51 <br />or any successor provision. The Owners of such Bonds will thereafter be entitled to look <br />only to their remedies under N.C. Gen. Stat. Chapter 116B or any successor provision, <br />and all liability of the County and the Trustee with respect to such moneys will cease. <br />• ARTICLE III <br />PREPAYMENT <br />s <br />