Company: BLE
Filing Date: 2025-02-18
Form Type: 40-17G
Source: 0001193125-25-027424
Chunk: 25

Company: BLACKROCK MUNICIPAL INCOME TRUST II
Filing Date: 2025-02-18
Form: 40-17G
Chunk 25
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 title and interest and causes of action against any person or entity to the extent of such
payment.

| PF-52903 (08/21) |     | Page 15 of 17 |

| Financial Institution Bond 
 For Investment Companies   |

Recoveries, whether effected by the Company or by the Assured, shall be applied net of
the expense of such recovery, in the following order:

| a. | first, to the satisfaction of the Assured’s covered loss which would otherwise have been paid but 
 for the fact that it is in excess of the Single Loss Limit Of Liability;                          |

| b. | second, to the Company in satisfaction of amounts paid in settlement of the Assured’s claim; |

| c. | third, to the Assured in satisfaction of the applicable Deductible Amount; and |

| d. | fourth, to the Assured in satisfaction of any loss suffered by the Assured which was not covered 
 under this Bond.                                                                                 |

Recovery from reinsurance or indemnity of the Company shall not be deemed a recovery under this
Section.

| 13. | Termination |

| a. | If the Bond is for a sole Assured, it shall not be terminated unless written notice shall have been                                                                               
 given by the acting party to the affected party and to the U.S. Securities and Exchange Commission not less than sixty (60) days prior to the effective date of such termination. |

| b. | If the Bond is for a joint Assured, it shall not be terminated unless written notice shall have been                                                                                                                   
 given by the acting party to the affected party, and by the Company to all Assureds and to the U.S. Securities and Exchange Commission, not less than sixty (60) days prior to the effective date of such termination. |

| c. | If any Director, not acting in collusion with an Employee, discovers any dishonest or fraudulent                                                                   
 act committed by such Employee, whether in the employment of the Assured or otherwise, and whether against the Assured or any other person or entity, the Assured: |

| i. | shall immediately remove such Employee from a position that would enable such Employee to cause 
 the Assured to suffer a loss covered by this Bond; and                                          |

| ii. | within forty-eight (48) hours of discovering an Employee has committed any dishonest or fraudulent             
 act, shall notify the Company of such action and provide full particulars of such dishonest or fraudulent act. |

| d. | This