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<br />MATURITIES: <br /> <br />December 1 in each of the years and <br />amounts as follows: <br /> <br />1986-l989 <br />1990 <br />1991 <br />1992-1993 <br />1994-l995 <br />1996 <br /> <br />$ 350,000 <br />$ 250,000 <br />$ 200,000 <br />$ 150,000 <br />$ 125,000 <br />$ 115,000 <br /> <br />. <br /> <br />REDEMPTION: <br /> <br />At the option of the Issuer, bonds <br />maturing on or after December 1, <br />1992 shall be subject to prior <br />payment, on December 1, 1991 and <br />any interest payment date <br />thereafter, at a price of par and <br />accrued interest. Redemption may <br />be in whole or in part of the bonds <br />subject to prepayment. If redemp- <br />tion is in part, the bonds <br />remaining unpaid which have the <br />latest maturity date shall be <br />prepaid first and if only part of <br />the bonds having a common maturity <br />date are called for prepayment the <br />specific bonds to be prepaid shall <br />be chosen by lot by the Registrar. <br /> <br />BOND REGISTRAR: <br /> <br />The successful bidder will name the <br />Registrar and paying agent which <br />shall be subject to applicable SEC <br />regulations and to the approval of <br />the Issuer. principal will be <br />payable at the main corporate <br />office of the Registrar and <br />interest will be payable by check <br />or draft of the Registrar mailed to <br />the registered holder of the bond <br />at his address as it appears on the <br />books of the Registrar. The Issuer <br />will pay reasonable and customary <br />charges for the services of the <br />Registrar. <br /> <br />. <br />