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to September 1, 1996, inclusive, maybe redeemed prior to their respective maturities, at the option of the Board, from any moneys that may be made available for such purpose, either in whole or in part in the inverse order of their numbers, on any interest payment date after September 1, 1971, at the principal amount of the bonds to be redeemed, together with the interest accrued thereon to the date fixed for v ademption, plus a premium of 3% of such principal amount if redeemed on or prior to September 1, 1976, if redeemed thereafter and on or prior to September 1, 1981, thereafter and on or prior to September 1, 1986, 2-1/2% 2% if redeemed 1-1/2% if redeemed thereafter and on or prior to September 1, 1991, and 1% if redeemed thereafter. Definitive coupon bonds numbered 1 to 236, inclusive, maturing September 1, 1964 to September 1, 1971, inclusive, shall not be subject to redemption. Notwithstanding any of the foregoing provisions, if the United States of America or any agency thereof holds any of such bonds, all such bonds so held may be redeemed in the inverse order of their numbers on any interest payment date prior to their respective maturities without the payment of any redemption premium. This temporary bond is subject to redemption as provided above for the corresponding definitive coupon bonds, except that any redemption in part shall be in the inverse order of the maturity dates of the instalments of principal of this temporary bond.

Any such redemption, either in whole or in part, shall be made upon at least thirty (30) days' prior notice by publication and otherwise as provided in the Resolution and shall be made in the manner and under the terms and conditions provided in the Resolution; provided, however, that notice by publication shall not be required for the redemption of any bonds held by the United States of America or any agency thereof. On the date designated for redemption, notice having been given and moneys for payment of the redemption price being held in trust for such purpose, all as provided in the Resolution, the portion of this temporary bond so called for redemption shall become and be due and payable at the redemption price provided for redemption of such portion on such date, interest on such portion of this temporary bond shall cease to accrue, such portion of this temporary bond shall cease to be entitled to any lien, benefit or security under the Resolution, and the holder of such portion of this temporary bond shall have no rights in respect thereof except to receive payment of the redemption price thereof.

This bond is registered as to both principal and interest in the name of the Payee on books of the Board kept by the Treasurer of the Board as

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