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<br />INTEREST PAYMENTS <br /> <br />August 1, 1986, and semi-annually thereafter on February 1, <br />and August 1. <br /> <br />MATURITIES <br /> <br />February 1 in the years and amounts as follows: <br /> <br />1990 <br />1991 <br />1992 <br />1993 <br />1994 <br />1995 <br />1996 <br />1997 <br />1998 <br /> <br />150,000. <br />150,000. <br />200,000. <br />300,000' <br />325,000* <br />360,000. <br />395,000' <br />425,000. <br />475,000* <br /> <br />1999 <br />2000 <br />2001 <br />2002 <br />2003 <br />2004 <br />2005 <br />2006 <br /> <br />510,000. <br />555,000. <br />605,000. <br />655,000' <br />710,000' <br />770,000. <br />840,000. <br />910,000* <br /> <br />*The 1990 to 2006 maturities are subject to increase or <br />decrease following bid opening, but prior to award of the sale, <br />by an amount not exceeding $100,000 for each maturity. <br /> <br />REDEMPTION <br /> <br />Bonds maturing in the years 1995 through 2006 will be <br />callable at the option of the Issuer on February 1, 1994, and any <br />interest payment date thereafter, at a price of par plus accrued <br />interest. Redemption may be in whole or in part of the bonds <br />subject to prepayment. If redemption is in part, the bonds <br />remaining unpaid which have the latest maturity date shall be <br />prepaid first and if only part of the bonds having a common <br />maturity date are called for prepayment, these specific bonds to <br />be prepaid shall be chosen by lot by the Registrar. <br /> <br />REGISTRAR <br /> <br />The Issuer will name the Registrar which shall be subject to <br />applicable SEC regulations. Principal will be payable at the <br />main corporate office of the Registrar and interest will be <br />payable by check or draft of the Registra~ ~ailed to the <br />registered holder of the bond at his addr~ss as it appears on the <br />books of Registrar. The Issuer will pay reasonable and customary <br />charges for services of the Registrar. <br />