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The Owner is the absolute owner of the Bond for all purposes, and payment of <br /> principal and interest will be made only to or upon the written order of the Owner <br /> or the Owner's legal representative, except that payments will be made to the <br /> persons shown as the owners as of the applicable Record Date. <br /> The Trustee must require the payment by an Owner requesting exchange or <br /> transfer of any tax or other governmental charge required to be paid in respect of <br /> the exchange or transfer but must not impose any other charge. <br /> Section 14.06. Mutilated, Lost, Stolen or Destroyed Bonds. <br /> (a) If any Outstanding Bond is damaged, mutilated, lost, stolen or <br /> destroyed, the County must execute, and the Trustee must authenticate and deliver, <br /> a replacement Bond, of the same tenor as the damaged, mutilated, lost, stolen or <br /> destroyed Bond, in the manner provided below. <br /> (b) (i) The Owner must apply to the Trustee for exchange and <br /> substitution of damaged, mutilated, lost, stolen or destroyed Bonds. In every case, <br /> the applicant for a replacement Bond must furnish to the County and the Trustee <br /> such security or indemnity as each may reasonably require. In every case of loss, <br /> theft or destruction of a Bond, the applicant must also furnish to the County and the <br /> Trustee evidence to their reasonable satisfaction of the loss, theft or destruction. In <br /> the case of damage or mutilation of a Bond, the applicant must surrender the <br /> damaged or mutilated Bond. <br /> (ii) Notwithstanding the foregoing, if any such Bond has matured, and no <br /> default is then continuing in the payment of the principal or interest on that Bond, <br /> the County may authorize the payment of the same (without surrender thereof <br /> except in the case of a damaged or mutilated Bond) instead of issuing a substitute <br /> Bond, provided security or indemnity is furnished as provided above in the case of a <br /> lost, stolen or destroyed Bond. <br /> (d) The requirements for indemnity in this Section are in addition to any <br /> requirements imposed by law, including any requirements of General Statutes <br /> Section 159-137. <br /> (d) The Trustee shall charge the Owner of such Bond with all expenses in <br /> connection with the issuance of any substitute Bond. Every substitute Bond issued <br /> 55 <br />