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paid without presentation of this Bond, which paYment shall be received no later 12:00 Noon, Chicago, Illinois, time and may make a notation on the panel provided herein of such redemption, stating the amount so redeemed, or ma~ return the Bond to the Bond Registrar in exchange for a new Bond in the proper principal amount. Such notation, if made by the Holder, shall be for reference only, and may not be relied upon by any other person as being in any way determinative of the principal amount of this Bond outstanding, unless the Bond Registrar has signed the appropriate column of the panel. Interest on this Bond will be paid on each Interest PaYment Date by check or draft in next day funds or its equivalent mailed (or by wire transfer in immediately available funds if payment in such form is necessary to meet the timing requirements below) to the person in whose name this Bond is registered (the "Holder" or "Bondholder") on the registration books of the Issuer maintained by the Bond Registrar and at the address appearing thereon at the close of business on the fifteenth calendar day preceding such Interest Payment Date (the "Regular Record Date"). Interest payment shall be received by the Holder no later than 12:00 Noon, Chicago, Illinois, time, if the Bond is scheduled for payment enough in advance to permit paYment to be made by such time. Any interest not so timely paid shall cease to be payable to the person who is the Holder hereof as of the Regular Record Date, and shall be payable to the person who is the Holder hereof at the close of business on a date (the "Special Record Date") fixed by the Bond Registrar whenever money becomes available for paYment of the defaulted interest. Notice of the Special Record Date shall be given to Bondholders not less than ten days prior to the Special Record Date. The principal of and premium, if any, and interest on this Bond are payable in lawful money of the United States of America. Date of Payment Not Business Day. If the date for payment of the principal of, premium, if any, or interest on this Bond shall be a Saturday, Sunday, legal holiday or a day on which banking institutions in the City of Chicago, Illinois, or the city where the principal office of the Bond Registrar is located are authorized by law or executive order to close, then the date for such paYment shall be the next succeeding day which is not a Saturday, sunday, legal holiday or a day on which such banking institutions are authorized to close, and paYment on such date shall have the same force and effect as if made on the nominal date of paYment. 26250 12