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                                                                     EXHIBIT 4.6

FIRST MORTGAGE 6.15% BOND,                         FIRST MORTGAGE 6.15% BOND,
 SERIES 98 DUE MARCH 15, 2012                       SERIES 98 DUE MARCH 15, 2012

                           COMMONWEALTH EDISON COMPANY

     Commonwealth Edison Company, an Illinois corporation (hereinafter called
the "COMPANY"), for value received, hereby promises to pay to

                                                              CUSIP 202795 ____

                                                                SEE REVERSE FOR
                                                            CERTAIN DEFINITIONS

or registered assigns, the sum of                       DOLLARS

on the fifteenth day of March, 2012, and to pay interest on said sum from the
date hereof until said sum shall be paid, at the rate of six and fifteen
hundredths per centum (6.15%) per annum, payable semi-annually on the fifteenth
day of March and the fifteenth day of September in each year. The interest so
payable on any interest payment date will, subject to certain exceptions
provided in the Mortgage hereinafter referred to, be paid to the person in whose
name this bond is registered at the close of business on the March 1 or the
September 1, as the case may be, next preceding such interest payment date. Both
the principal of and the interest on this bond shall be payable at the office or
agency of the Company in the City of Chicago, State of Illinois, or, at the
option of the registered owner, at the office or agency of the Company in the
Borough of Manhattan, The City of New York, State of New York, in any coin or
currency of the United States of America which at the time of payment is legal
tender for the payment of public and private debts.

     (Additional provisions of this bond are set forth on the reverse hereof.)

     This Bond shall not be entitled to any security or benefit under the
Mortgage or be valid or become obligatory for any purpose unless and until it
shall have been authenticated by the execution by the corporate Trustee, or its
successor in trust under the Mortgage, of the certificate endorsed hereon.

     Witness the due execution hereof by the Company under its corporate seal.

                                                    COMMONWEALTH EDISON COMPANY

Dated

    TRUSTEE'S CERTIFICATE                    By:
This bond is one of the bonds of the
series designated therein, referred to
and described in the within mentioned
Supplemental Indenture dated as
of __________, 2002
                                                                   President

BNY MIDWEST TRUST COMPANY

By                                           Attest:
  ------------------------
    Authorized Signatory

                                                                   Secretary

             ILLINOIS COMMERCE COMMISSION IDENTIFICATION NO. _______

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                           COMMONWEALTH EDISON COMPANY

     This bond is one of the bonds of the Company, issued and to be issued in
series from time to time under and in accordance with and, irrespective of the
time of issue, equally and ratably secured by the Mortgage of the Company dated
July 1, 1923, and indentures supplemental thereto, under which BNY Midwest Trust
Company and D. G. Donovan are now the Trustees, and is one of the First Mortgage
6.15% Bonds, Series 98, of the Company the issuance of which is provided for by
a Supplemental Indenture dated as of ________, 2002 (the "SUPPLEMENTAL
INDENTURE"), executed and delivered by the Company to such Trustees, to which
Mortgage and all indentures supplemental thereto reference is hereby made for a
description of the property mortgaged and pledged, the nature and extent of the
security, the rights of the registered owners of said bonds, of the Company and
of the Trustees in respect of the security, and the terms and conditions
governing the issuance and security of said bonds. The term "Mortgage," as
hereinafter used, shall mean said Mortgage dated July 1, 1923, and all
indentures supplemental thereto.

     With the consent of the Company and to the extent permitted by and as
provided in the Mortgage, modifications or alterations of the Mortgage or of any
indenture supplemental thereto and of the rights and obligations of the Company
and of the holders and registered owners of the bonds may be made, and
compliance with any provision of the Mortgage or any such supplemental indenture
may be waived, by the affirmative vote of the holders and registered owners of
not less than eighty per centum (80%) in principal amount of the bonds then
outstanding under the Mortgage, and by the affirmative vote of the holders and
registered owners of not less then eighty per centum (80%) in principal amount
of the bonds of any series then outstanding under the Mortgage and affected by
such modification or alteration, in case one or more but less than all of the
series of bonds then outstanding under the Mortgage are so affected, but in any
case excluding bonds, disqualified from voting by reason of the Company's
interest therein as provided in the Mortgage; subject, however, to the
condition, among other conditions stated in the Mortgage, that no such
modification or alteration shall be made which will permit the extension of the
time or times of payment of the principal of or the interest or the premium, if
any, on this bond, or the reduction in the principal amount hereof or in the
rate of interest or the amount of any premium hereon, or any other modification
in the terms of payment of such principal, interest or premium, which terms of
payment are unconditional, or otherwise than as permitted by the Mortgage, the
creation of any lien ranking prior to or on a parity with the lien of the
Mortgage with respect to any of the mortgaged property, all as more fully
provided in the Mortgage.

     The bonds of Series 98 shall be redeemable, at the option of the Company,
as a whole or in part, at any time upon notice sent by the Company through the
mail, postage prepaid, at least thirty (30) days and not more than forty-five
(45) days prior to the date fixed for redemption, to the registered holder of
each bond to be redeemed in whole or in part, addressed to such holder at his
address appearing upon the registration books, at the redemption price specified
in Section 7 of the Supplemental Indenture. In case the Company shall desire to
exercise such right to redeem and pay off all or any part of the bonds of Series
98, it shall comply with all the terms and provisions of Article V of the
Mortgage applicable thereto, and such redemption shall be made under and subject
to the terms and provisions of Article V and in the manner and with the effect
therein provided, but at the time or times and upon mailing of notice, as set
forth in Section 7 of the Supplemental Indenture. No publication of notice of
any redemption of any bonds of Series 98 shall be required under Section 5.03(a)
of the Mortgage.

     No recourse shall be had for the payment of the principal of or the
interest on this bond, or from any claim based hereon, or otherwise in respect
hereof or of the Mortgage, to or against any incorporator, stockholder, officer
or director, past, present or future, of the Company or of any successor
corporation, either directly or through the Company or such successor
corporation, under any constitution or statute or rule of law, or by the
enforcement of any assessment or penalty, or otherwise, all such liability of
incorporators, stockholders, directors and officers being waived and released by
the registered owner hereof by the acceptance of this bond and being likewise
waived and released by the terms of the Mortgage, all as more fully provided
therein.

     This bond is transferable by the registered owner hereof, in person or by
duly authorized attorney, at the office or agency of the Company in the City of
Chicago, State of Illinois, or, at the option of the registered owner, at the
office or agency of the Company in the Borough of Manhattan, The City of New
York, State of New York, upon surrender and cancellation of this bond; and
thereupon a new registered bond or bonds without coupons of the same aggregate
principal amount and series will be issued to the transferee in exchange hereof.

     Bonds of this Series 98 are issuable only in registered form without
coupons and in the denomination of $1,000 each and any authorized multiple
thereof. As provided in the Mortgage, such bonds are exchangeable as between
authorized denominations. Any such exchange may be made by the registered owner
of any such bond or bonds upon presentation thereof for that purpose at the
office or agency of the Company in the City of Chicago, State of Illinois, or,
at the option of the registered owner, at the office or agency of the Company in
the Borough of Manhattan, The City of New York, State of New York.

     No charge will be made by the Company to the registered owner of this bond
for the transfer hereof or for the exchange hereof for bonds of this Series 98
of other authorized denominations, except, in the case of transfer, a charge
sufficient to reimburse the Company for any stamp or other tax or governmental
charge required to be paid by the Company or the corporate Trustee.

                            -------------------------
                                  ABBREVIATIONS

The following abbreviations, when used in the inscription on the face of this
instrument, shall be construed as though they were written out in full according
to applicable laws or regulations:

<Table>
<S><C>
TEN COM - as tenants in common                                UNIF GIFT MIN ACT - _____________ Custodian ____________
TEN ENT - as tenants by the entireties                                               (Cust)                  (Minor)
JT TEN - as joint tenants with rights of survivorship         under ___________________________Uniform Gifts to Minors Act
         survivorship and not as tenants in common                          (State)
</Table>

     Additional abbreviations may also be used though not in the above list.

                            -------------------------

FOR VALUE RECEIVED the undersigned hereby sell(s), assigns and transfer(s) unto

PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE                  _______________________________

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Please print or typewrite name and address including postal zip code of assignee

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the within Bond and all rights thereunder, hereby irrevocably constituting and
appointing

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attorney to transfer said Bond on the books of the Company, with full power of
substitution in the premises.

Dated:
      --------------------

                          -----------------------------

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UNLESS THIS BOND IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE COMPANY OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY BOND ISSUED IS REGISTERED
IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER,
PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY A PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

THIS BOND (OR ITS PREDECESSOR) WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT
FROM REGISTRATION UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED
("SECURITIES ACT"), AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE
TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION
THEREFROM AND IN ANY EVENT MAY BE SOLD OR OTHERWISE TRANSFERRED ONLY IN
ACCORDANCE WITH THE MORTGAGE, COPIES OF WHICH ARE AVAILABLE FOR INSPECTION AT
THE OFFICE OF THE MORTGAGE TRUSTEE IN THE CITY OF CHICAGO, ILLINOIS.

EACH PURCHASER OF THIS BOND IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON
THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY
RULE 144A THEREUNDER. EACH HOLDER OF THIS BOND REPRESENTS TO COMMONWEALTH EDISON
COMPANY THAT (A) SUCH HOLDER WILL NOT SELL, PLEDGE OR OTHERWISE TRANSFER THIS
BOND (WITHOUT THE CONSENT OF COMMONWEALTH EDISON COMPANY) OTHER THAN (1) TO A
QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION COMPLYING WITH RULE 144A UNDER
THE SECURITIES ACT, (2) IN ACCORDANCE WITH RULE 144 UNDER THE SECURITIES ACT,
(3) OUTSIDE THE UNITED STATES IN A TRANSACTION MEETING THE REQUIREMENTS OF
REGULATION S UNDER THE SECURITIES ACT, (4) PURSUANT TO ANOTHER AVAILABLE
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT, SUBJECT, IN THE CASE OF
CLAUSES (2), (3) OR (4), TO THE RECEIPT BY COMMONWEALTH EDISON COMPANY OF AN
OPINION OF COUNSEL OR SUCH OTHER EVIDENCE ACCEPTABLE TO COMMONWEALTH EDISON
COMPANY THAT SUCH RESALE, PLEDGE OR TRANSFER IS EXEMPT FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT OR (5) PURSUANT TO AN EFFECTIVE REGISTRATION
STATEMENT AND THAT (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED
TO, NOTIFY ANY PURCHASER OF THIS BOND OF THE RESALE RESTRICTIONS REFERRED TO
HEREIN AND DELIVER TO THE TRANSFEREE (OTHER THAN A QUALIFIED INSTITUTIONAL
BUYER) PRIOR TO THE SALE A COPY OF THE TRANSFER RESTRICTIONS APPLICABLE HERETO
(COPIES OF WHICH MAY BE OBTAINED FROM THE MORTGAGE TRUSTEE).AMENDMENT NO. ONE TO THE

RIGHTS AGREEMENT

dated as of October 17, 2000 between

WARWICK COMMUNITY BANCORP, INC.

and 

REGISTRAR AND TRANSFER COMPANY

as Rights Agent

           WHEREAS, the purpose of this document (this "Amendment") is to amend the Rights
Agreement, dated as of October 17, 2000, between Warwick Community Bancorp, Inc. and
Registrar and Transfer Company, as Rights Agent (the "Rights Agreement"); and

           WHEREAS, this Amendment is in accordance with Section 27 of the Rights Agreement.

           NOW THEREFORE, in consideration of the premises, it is agreed as follows:

1.       Section 7(b) of the Rights Agreement is hereby amended to read in its entirety as follows:

              (b) The Purchase Price for each one one-hundredth interest in a
Preferred Share pursuant to the exercise of a Right shall be $71.00, shall be
subject to adjustment from time to time as provided in Sections 11 and 13 hereof
and shall be payable in lawful money of the United States of America in
accordance with paragraph (c) below.

2.       Exhibit B to the Rights Agreement (the Form of Right Certificate) is hereby amended by
revising the first paragraph thereof to read in its entirety as follows:

       "This certifies that _____________________, or registered assigns, is the
registered owner of the number of Rights set forth above, each of which entitles
the owner thereof, subject to the terms, provisions and conditions of the Rights
Agreement, dated as of October 17, 2000, and amended as of September 17, 2002,
( as the same may be further amended from time to time, "Rights Agreement"), by
and between Warwick Community Bancorp, Inc., a Delaware corporation
("Company"), and Registrar and Transfer Company ("Rights Agent"), to purchase
from the Company at any time after the Distribution Date (as such term is defined
in the Rights Agreement) and prior to 5:00 P.M., New York City time, on
November 1, 2010 at the designated office of the Rights Agent, or at the office of
its successor as Rights Agent, a one one-hundredth interest in a fully-paid,
non-assessable share of Series A Junior Participating Preferred Stock, par value
$0.01 per share ("Preferred Shares"), of the Company, at a purchase price of
$71.00 ("Purchase Price"), upon presentation and surrender of this Right
Certificate with the Form of Election to Purchase duly executed, along with a
signature guarantee and such other

and further documentation as the Rights Agent
may reasonably require. The number of Rights evidenced by this Right Certificate
(and the number of one one-hundredths interests in Preferred Shares that may be
purchased upon exercise hereof) set forth above, and the Purchase Price set forth
above, are the number and Purchase Price as of ______________ __, 20   , based
on the Preferred Shares as constituted at such date. As provided in the Rights
Agreement, the Purchase Price and the number of one one-hundredth interests in
Preferred Shares that may be purchased upon the exercise of the Rights evidenced
by this Right Certificate are subject to modification and adjustment upon the
happening of certain events."

3.       This Amendment may be executed in counterparts, which together shall constitute a
single instrument.

           IN WITNESS WHEREOF, the undersigned have executed this Amendment as of this
17th day of September, 2002.

	ATTEST:		WARWICK COMMUNITY BANCORP, INC.
	

	  /s/ Nancy L. Sobotor-Littell
	    By:	  /s/ Fred G. Kowal

	Nancy L. Sobotor-Littell

Secretary		Fred G. Kowal

Chairman and Chief Executive Officer
	

	ATTEST:		REGISTRAR AND TRANSFER COMPANY
	

	  /s/ Thomas L. Montrone
	   By:	/s/ William P. Tatler

	Thomas L. Montrone

President and Secretary		William P. Tatler

Vice President

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