Laserfiche WebLink
ON REVERSE OF BOND <br /> Red mt ion. All Bonds of this issue (the "Bonds" ) <br /> maturing in the years 2005 and 2006 are subject to redemption and <br /> prepayment at the option of the Issuer on March 1, 2004, and on <br /> any date thereafter at a price of par plus accrued interest . <br /> Redemption may be in whole or in part of the Bonds subject to <br /> prepayment. If redemption is in part, those Bonds remaining <br /> unpaid which have the latest maturity date shall be prepaid <br /> first; and if only part of the Bonds having a common maturity <br /> date are called for prepayment, the specific Bonds to be prepaid <br /> shall be chosen .by lot by' the Bond Registrar. Bonds or portions <br /> thereof called for redemption shall be due and payable on the <br /> redemption date, and interest thereon shall cease to accrue from <br /> and after the redemption date. Mailed notice of redemption shall <br /> be given to the paying agent and to each affected Holder of the <br /> Bonds . <br /> Selection of Bonds for Redemption; P rt ial Redemption. <br /> To effect a partial redemption of Bonds having a common maturity <br /> date, the Bond registrar shall assign to each Bond having a <br /> common maturity date a distinctive number for each $5, 000 of the <br /> principal amount of such Bond. The Band Registrar shall then <br /> select by lot, using such method of selection as it shall deem <br /> proper in its discretion, from the numbers assigned to the Bonds, <br /> as man numbers as, at $5, 000 for each number, shall equal the <br /> principal amount of such Bonds to y be redeemed. The Bonds to be <br /> � <br /> redeemed shall be the Bonds to which were assigned number's so <br /> selected; p r•ovided, however, that only so much of the principal <br /> amount of such Bond of a denomination of more than $5, 000 shall <br /> be redeemed as shall equal $5, 000 for each number assigned to it <br /> and so selected. If a Bond is to be redeemed if part, it <br /> shall be surrendered to the Bond Registrar (with, f the Issuer <br /> or Bona Registrar so requires, a written instrument of transfer <br /> in form satisfactory to the Issuer and Bond Registrar duly <br /> executed b in Holder thereof or his, her or its attorney duly <br /> authorized n writing) and the Issuer <br /> y shall execute (if . <br /> necessary) and the Bond Registrar shall authenticate and deliver <br /> to the Holder of such Bond, without service charge, a new Bond or <br /> Bonds of the same series having the same stated maturity and <br /> interest rate and of any Authorized Denomination or Denomina� <br /> dons, as requested by such Holder, In aggregate principal amount <br /> equal to and in exchange for the unredeemed portion of the <br /> principal of the Bond so su rrendered. <br /> I su nc . Pu o e • General obli ation. This Bond is <br /> one of are issue in the total principal amount of $13, 280, 000f all <br /> of like date of original issue and tenor, except as to number, <br /> maturity, interest rate, denomination and redemption privilege, <br /> 906107.01 13 <br />