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month period or fraction thereof between the date fixed <br />for redemption and the stated maturity date of such <br />Bond. <br /> <br /> If any Bond (or any portion of the principal amount <br />thereof in installments of $5,000) shall be called for <br />redemption, notice of the redemption thereof, specifying <br />the date, number and maturity of such Bond, the date and <br />place or places fixed for its redemption, the premi~, <br />if any, payable upon such redemption, and if less than <br />the entire principal amount of such Bond is to be <br />redeemed, that such Bond must be surrendered in exchange <br />for the principal amount thereof to be redeemed and, a <br />new Bond or Bonds issued equalling in principal amount <br />that portion of the principal amount thereof not to be <br />redeemed, shall be mailed not less than thirty (30) days <br />prior to the date fixed for redemption by first class <br />mail to the registered holder of such Bond at his <br />address as it appears on the books of registry kept by <br />Bank of Virginia Trust Company, in the City of Richmond, <br />Virginia, the Registrar for the Bonds (the "Registrar"), <br />as of the close of business on the forty-fifth (45th) <br />day preceding the date fixed for redemption. If notice <br />of the redemption of any Bond shall have been given as <br />aforesaid, and payment of the principal amount of such <br />Bond (or the portion of the principal amount thereof to <br />be redeemed) and of the accrued interest and Dremium, if <br />any, payable upon such redemption shall have been duly <br />made or provided for, interest on such Bond shall cease <br />from and afte~ the date so specified for the redemption <br />thereof. <br /> <br /> 2. The principal of and premium, if any, and <br />interest on the Bonds shall be payable in such coin or <br />currency of the United States of America as at the <br />respective dates of payment is legal tender for public <br />and private debts. The principal of and premium, if <br />any, on the Bonds shall be payable at the principal <br />office of the Registrar. The interest on the Bonds <br />shall be paid by check mailed by the Registrar to the <br />holders of record of the Bonds as of the fifteenth <br />(15th) day of the calendar month next preceding each <br />interest payment date. <br /> <br /> At all times during which any Bond remains <br />outstanding and unpaid, the Registrar shall keep or <br />cause to be kept at.its principal office books of <br />registry fo~ the registration, exchange and transfer of <br />the Bonds. Upon presentation at its principal office <br />for such purpose, the Registrar, unde~ such reasonable <br />regulations as it may prescribe, shall register, <br /> <br />-3- <br /> <br /> <br />