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<br />of the Bonds are to be redeemable before their stated maturity, the provisions set forth in the <br />remainder of this Section 7 shall apply; but such provisions shall be inapplicable if none of the <br />Bonds are subject to redemption prior to their stated maturity. <br /> <br />The Bonds maturing prior to [February 1], 20_ will not be subject to redemption prior <br /> <br />to maturity. The Bonds maturing on [February 1], 20_ and thereafter will be redeemable, at <br /> <br />the option of the County, from any moneys that may be made available for such purpose, either <br /> <br /> <br />in whole or in part on any date not earlier than [February 1], 20_, at the principal amount of <br /> <br /> <br />the Bonds to be redeemed, together with interest accrued thereon to the date fixed for <br /> <br /> <br />redemption, [plus a redemption premium of 1/2 of 1 % of the principal amount of each Bond to <br /> <br /> <br />be redeemed for each period of 12 months or part thereof between the redemption date and the <br /> <br /> <br />maturity date of such Bond, such premium not to exceed 2% of such principal amount]. <br /> <br /> <br />If less than all of the Bonds of anyone maturity shall be called for redemption then, <br /> <br /> <br />subject to the immediately following sentence, the particular Bonds or portions of Bonds of such <br /> <br /> <br />maturity to be redeemed shall be selected by lot in such manner as the County in its discretion <br /> <br /> <br />may determine; provided, however, that the portion of any Bond to be redeemed shall be in the <br /> <br /> <br />principal amount of $5,000 or some whole multiple thereof and that, in selecting Bonds for <br /> <br /> <br />redemption, each Bond shall be considered as representing that number of Bonds which is <br /> <br /> <br />obtained by dividing the principal amount of such Bond by $5,000. So long as a book-entry <br /> <br /> <br />system is used for determining beneficial ownership of the Bonds, if less than all of the Bonds of <br /> <br /> <br />anyone maturity shall be called for redemption, the Securities Depository shall determine by lot <br /> <br /> <br />the amount of interest of each direct participant of the Securities Depository in the Bonds within <br /> <br /> <br />such maturity to be redeemed. If less than all of the Bonds stated to mature on different dates <br /> <br />16 <br /> <br />G~4- <br />