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<br />tion and prepayment at the option of the Village on July 1, 1968, and any interest <br />payment date thereafter, at par plus accrued interest to the date specified for <br />redemption, plus a premium of' 2% of' the par value of each bond prepaid on or before <br />January 1, 1973, and without premium if prepaid on or after July 1, 1973. Of the <br />bonds outstanding at the time of redemption, those bearing the highest coupon rates <br />shall be prepaid first, in inverse order of their serial numbers. Not less than <br />thirty days before the date specified for prepayment and redemption of any of the <br />bonds, the Treasurer shall mail notice of the call thereof to the bank at which <br />princi:pal and interest are then payable and to the holder, if known, of each bond <br />to be prepaid. The Treasurer and his successors in office shall maintain a. record <br />of the names and addresses of the holders of prepayable bonds of ths issue, so far <br />as such information is made available to them, for the purpose of mailing such no- <br />tices. The bonds shall bear interest at the following respective rates from date <br />of issue until paid or until provision for such payment has been made by deposit <br />with the paying agent at maturity or upon prior call for redemption: <br /> <br />Bonds maturing in the years 1964 through 19 at <br />Bonds maturing in the years 19 through 19 at <br />Bonds maturing in the years 19 through 19 at <br /> <br />% per annum <br />% per annum <br />% per annum <br /> <br />Each and all of the bonds shall bear additional interest at the rate of % per <br />annum from , 19 to ,19 . The interest shall be <br />payable July 1, 1964, and semiannually thereafter on January 1 and July 1 in each <br />year, and interest to maturity shall be represented by two sets of interest coupons <br />appurtenant to each bond, one representing interest at the basic rate from date of <br />issue to maturity and the other set, designated as "13" coupons, representing the <br />additional interest payable for the limited period stated above. The principal of <br />and interest on the bonds shall be payable at <br />, in , <br />and the Village hereby agrees to pay the reasonable and customary charges of the <br />paying agent for the receipt and disbursement thereof. <br /> <br />2. The bonds and the appurtenant interest coupons shall be in substan- <br />tially the following form: <br /> <br />-12- <br />