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~he Ixpnds of the issue of whic/4 this bond is one maturing on end <br />after January 1, 1989, are'subject to redemption at the option of ~he <br />City prior to their sta~d maturities on or after Jenuary 1, 1989, ~n <br />whole at any t/me, or in p~t frcm time to ~ on any interest palar~nt <br />da~e in any order determined by the City (except that if at any ~J~ne <br />less than all of the bonds of a maturity are called for redemption, the <br />particular bonds of such maturity to be redeemed shall be selected by <br />lot), upon pa~% of the principal amount of the bonds %o be redeemed <br />together ~_th the intereSt accrued %hereon %o the date fixed for redemption <br />plus a premium of one-half of one percent Of the principal amount of <br />each bend to be redee3ned for each six month period or fraction thereof <br />between the date fixed for redemption and %he stated maturity hereof, <br />such premmium in any event not to exceed three percent of such principal <br /> <br /> If ~his bond is redeemable and shall be called for redemption, <br />notice of the redemption herecf, specifying the date, number and maturity <br />of this bond, the date and place fixed for its redemption and the premium, <br />iL any, payable upon such redemption shall be given by the City by <br />publication of such notice once in a newsPaper printed in the Enq]~sh <br />language and custc~arily published on each business day end of gSneral <br />circulation in the City and once in at least one n~spaper or finencial <br />publication printed in the English language and customarily published on <br />each business day in the City of New York, New York, the date of publication <br />of such notice in each case to be at least thirty days prior to the date <br />fixed for red~L'~tion. If this bend is then registered as to principal <br />only or as %o beth principal and interest, notice of the redemption <br />hereof shall be mailed not less than tb/rty days p~ior to the date fixed <br />for redemption by registered mail to the registered owner of this bond <br />at such owner's address as shown on the books of registry; provided, <br />however, that if this bond shall then be registered ~nd notice of redemption <br />is mailed as aforesaid, then notice of the reder~ption hereof need not be <br />given by publication, ~nd if notice of redemption is given by publication <br />as aforesaid, then if this bond shall %hen be registered the failure to <br />mail such notice as aforesaid or eny defect in eny notice so mailed <br />Shall not affect ~he sufficiency of the proceed/ngs for the redemption <br />hereof. If notice of the redemption of this bond shall have been given <br />as aforesaid, and payment of the principal ~nount of this bo~d and of <br />the accrued interest and premium, if any, payable upon such redemption <br />shall have be~n duly made or provided for, interest hereon shall cease <br />from and after ~he date so specified for the red~'L~tion hereof and any <br />coupons representing ~uch interest shall be void. <br /> <br /> It is hereby certified, recited end declared ~_hat all acts, conditions <br />and things required to exist, happen or be performed precedent to and in <br />the issuance of this bond exist, have happened and have been perfo~/ned <br />in due time, fo~n and manner as required by law. <br /> <br />7 <br /> <br /> <br />