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depository, or if the book-entry-only system is discontinued, by lot by the Bond Registrar, each <br /> portion of $5,000 principal mount being counted as one Bond for such purpose. <br /> <br /> If any of the Bonds or portions thereof are called for redemption, the Bond Registrar shall <br /> send notice of the call for redemption identifying the Bonds by serial or CUSIP numbers, and in <br /> the case of partial redemption, identifying the principal mount m be redeemed, and identifying <br /> the redemption date and price and the place where Bonds are to be surrendered for payment, by <br /> facsimile transmission, registered or certified mail or overnight express delivery not less than 30 <br /> nor more than 60 days before the redemption date to the registered owner of each Bond to be <br /> redeemed at such owner's address as k appears on the registration books maintained by the Bond <br /> Registrar, but failure to mail such notice shall not affect the vahdity of the proceedings for <br /> redemption. Provided funds for their redemption are on deposit at the place of payment on the <br /> redemption date, all Bonds or port/om thereof so called for redemption shall cease to bear <br /> interest on such date, shall no longer be secured by the Resolution and shall not be deemed to be <br /> outstanding. If a portion of this Bond shall be called for redemption, a new Bond in principal <br /> amount equal to the unredeemed portion hereof will be issued to the registered owner upon the <br /> surrender of this Bond. <br /> <br /> The Bonds are issuable as fully registered bonds in denominations of $5,000 and integral <br />multiples thereof. Any Bond may be exchanged for a like aggregate principal amount of Bonds <br />of the same maturity of other authorized denominations at the principal office of the Bond <br />Registrar. <br /> <br /> This Bond may be transferred only by an assignment duly executed by the registered <br />owner hereof or such owner's attorney or legal representative m a form satisfactory to the Bond <br />Registrar. Such transfer shall be made in the registration books kept by the Bond Registrar upon <br /> <br /> -4- <br /> <br /> <br />