386

360

(h) Numbers: 1-E to 1, 000-E inclusive, in order of maturity.

(i) Security: (See "Security") above.

(e) Type: Negotiable, serial coupon Bonds, payable to bearer.

(f) Interest Rate: 3-5/8% per annum, payable semi-annually on May 1 and November 1 in each year, first interest payable May 1, 1964.

(g) Maturities: November 1, in years and amounts as follows:

SERIES F BONDS
Year

Amount
$ 33,000
34,000
35, 000
37,000
38, 000
39,000
41,000
42,000
43,000
45, 000
47,000
48,000
50,000
52,000
54,000
55,000
57,000
60,000
62,000
64, 000
66,000
68, 000
71,000
73, 000

1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989

Year
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003

Amount
$ 75, 000
78, 000
81,000
84, 000
87,000
90,000
92,000
96,000
99,000
102,000
106,000
110,000
113,000
117,000

(h) Numbers: 1-F to 2,544-F inclusive;, in order of maturity.

(i) Security: (see "Security" above)

(j) Place and Medium of Payment: Payable as to both principal and interest at the principal office of the Trustee to be designated in the Bond Indenture, or, at the option of the holder, at a bank or trust company in the Borough of Manhattan, City and State of New York, in any coin or currency which, on the respective dates of payment of such principal and interest, is legal tender for payment of debts due the United States of America.

(k) Registerability: Registrable, at the option of the holder as to principal only.

(l) Redemption Provisions: (Series A Bonds)

Bonds numbered 1-A through 108-A inclusive, maturing November 1, 1964 through November 1, 1966 inclusive, to be non-callable. Bonds numbered 109-A through 1442-A inclusive, maturing November -, 1967 through November 1, 1991 inclusive, to be callable at the option of the Borrower prior to the stated maturities thereof, in whole or in part and in inverse numerical order on any interest payment date after November 1, 1966 upon at least thirty (30) days' prior notice at the principal amount thereof, plus accrued interest to the date of redemption and a premium for each bond as follows: