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made a part hereof. The bonds shall be in number and numbered from 1 to , inclusive, each in the denomination of $ and in the aggregate amount of $276,000, designated General Improvement Bonds, Series I, dated as of July 1, 1963, and shall mature serially on July 1 in the amount of $6,000 in the year 1964, $10,000 in ea.ch of the years 1965 through 1975, and $20 l 000 in each of the years 1976 through 1983. The bonds maturing in the years 1964 through 1968 shall not be subject to redemption before maturity, but those maturing in the years 1969 through 1983 shall be each subject to redemption and prepayment at the option of-the Village on July 1, 1968, and any interest ~ent date thereafter, at par plus accrued in- terest to the date specified for redemption, plus a premium of 2% of the par value of each bond prepaid on or before January 1, 1973, and without premium if prepaid on or after July 1, 1973. Of the bonds outstanding at the time of redemption, those bearing the highest coupon rates shall be prepaid first, in inverse order of their serial numbers~ Not less than thirty days before the date specified for prepayment and redemption of any of the bonds, the Treasurer shall mail notice of the call thereof to the bank a.t which principal and interest are then payable and to the holder, if known, of each bond to be prepaid. The Treasurer and his successors in office shall maintain a record of the names and addresses of the holders of prepay- able bonds of the issue, so far as such information is made available to them, for the purpose of mailing such notices. The bonds shall bear interest at the following respective rates from date of issue until paid or until provision for such payment has been made by deposit with the paying agent at maturity or upon prior call for redemption: Bonds maturing in the years 1965 through 19 at Bonds maturing in the years 19 through 19 a.t Bonds maturing in the years 19 through 19 at 10 per annum % per annum % per annum Ea.ch and all of the bonds shall bear additional interest at the rate of % per annum :f'r0Ill , 19 to , 19 . l!he interest shall be payable July 1, 1964, and semiannually therea:f'ter on January 1 and July 1 in each year, and interest to maturity shall be represented by two sets of interest cOUJ?ons appurtenant to each bond, one representing interest at the basic rate from da.te of' issue to ma.turity and the other set, designated as "B" coupons, representing the additional interest payable for the limited period stated above. The principal at: and interest on the bonds shall be payable at , in and the Village hereby agrees to pay the reasonable and customary charges of the paying agent for the receipt and disbursement thereof'. 2. The bonds and the appurtenant interest coupons shall be in substan- tially the following form: -21...