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Certificated Bonds are outstanding, each such notice to the <br />registered owners thereof shall also set forth, if less than all of <br />the Bonds of any maturity then outstanding shall be called for <br />redemption, the distinctive numbers and letters, if any, of such <br />Bonds to be redeemed and, in the case of any Bond to be redeemed in <br />part only, the portion of the principal amount thereof to be <br />redeemed. If any Bond is to be redeemed in part only, the notice <br />of redemption shall state also that on or after the redemption <br />date, upon surrender of such Bond, a new Bond or Bonds in principal <br />amount equal to the unredeemed portion of such Bond will be issued. <br /> <br /> If any Bonds or portions thereof are to be redeemed, the Bond <br />Registrar shall open a separate account for the sole benefit of the <br />bondholders whose Bonds are being redeemed, which account may be <br />maintained by the Bond Registrar or by an agent. On or before the <br />date fixed for redemption, moneys shall be deposited with the Bond <br />Registrar in its capacity as such for deposit in such account to <br />pay the principal of and the redemption premium, if any, on the <br />Bonds or portions thereof called for redemption as well as the <br />interest accruing thereon to the redemption date thereof. <br /> <br /> On the date fixed for redemption, notice having been given in <br />the manner and under the conditions hereinabove provided, the Bonds <br />or portions thereof called for redemption shall be due and payable <br />at the redemption price provided therefor, plus accrued interest to <br />such date. If moneys sufficient to pay the redemption price of the <br />Bonds or portions thereof to be redeemed, plus accrued interest <br />thereon to the date fixed for redemption, have been deposited by <br />the Issuer to be held in trust for the registered owners of Bonds <br /> <br />20 <br /> <br /> <br />