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193 <br /> <br /> ASSIGNMENT' <br /> FOR VALUE REcEIVEDthe undersigned registered owner thereof hereby sells, <br />assigns and transfers unto ~ ~.,~.~ <br /> <br />the within Bond and all rights thereunder and hereby irrevocably constitutes and <br />appoints <br /> <br />attorney to register the transfer of said Bond on the books kept for registration <br />thereof, with full power of substitution in the premises. <br />Dated: <br /> <br />Signature Guaranteed: <br /> <br />Assignor's Signature <br /> <br />NOTICE: The assignor's signature to this assignment must correspond with the <br />name of the registered owner as it appears upon the face of the within Bond in <br />every particular, without alteration or enlargement or any change whatever. <br /> <br /> Certificated Bonds issuable hereunder shall be in substantially the form <br />of the Bonds registered in the name of the Securities Depository Nominee with <br />such changes as are necessary to reflect the provisions of this resolution that <br />are applicable to Certificated Bonds. <br /> Section 4. The Bonds maturing prior to February 1, 2008 will not be <br />subject to redemption prior to maturity. The Bonds maturing on February 1, 2008 <br />and thereafter will be redeemable, at the option of the Issuer, from any moneys <br />that may be made available for such purpose, either in whole or in part on any <br />date not earlier than February 1, 2007, at the principal amount of the Bonds to <br />be redeemed, together with interest accrued thereon to the date fixed for <br />redemption, plus a redemption premium of h of 1% of the principal amount of each <br />Bond to be redeemed for each period of 12 months or part thereof between the <br />redemption date and the maturity date of such Bond, such premium not to exceed <br />2% of such principal amount. <br /> If less than all of the Bonds of any one maturity shall be called for <br />redemption then, subject to the immediately following sentence, the particular <br />Bonds or portions of Bonds of such maturity to be redeemed shall be selected by <br />lot in such manner as the Issuer in its discretion may determine; provided, <br />however, that the portion of any Bond to be redeemed shall be in the principal <br />amount of $5,000 or some whole multiple thereof and that, in selecting Bonds for <br />redemption, each Bond shall be considered as representing that number of Bonds <br />which is obtained by dividing the principal amount of such Bond by $5,000. So <br />long as a book-entry system is used for determining beneficial ownership of the <br />Bonds, if less than all of the Bonds of any one maturity shall be called for <br />redemption, the Securities Depository shall determine by lot the amount of <br />interest of each direct participant of the Securities Depository in said Bonds <br />within such maturity to be redeemed. If less than all of the Bonds stated to <br />mature on different dates shall be called for redemption, the particular Bonds <br />or portions thereof to be redeemed shall be called in such maturities and amounts <br />of those maturities as shall be determined by the Issuer. <br /> Not more than 60 nor less than 30 days before the redemption date of any <br />Bonds to be redeemed, whether such redemption be in whole or in part, the Issuer <br />shall cause a notice of such redemption to be filed with the Bond Registrar and <br />to be mailed, postage prepaid, to the registered owner of each Bond to be <br />redeemed in whole or in part at the address of said owner appearing upon the <br />registration books of the Issuer; provided, however, so long as a book-entry <br />system is used for determining beneficial ownership of the Bonds, such notice <br />shall be given to the Securities Depository Nominee by certified or registered <br />mail or by such other method as the Issuer may determine to be necessary or <br />advisable with the concurrence of the Securities Depository. Failure to mail <br />such notice or any defect therein as to any Bond or portion thereof shall not <br />affect the validity of the redemption as to any Bond or portion thereof for which <br />such notice was given as required hereby. Each such notice shall set forth the <br />date designated for redemption, the redemption price to be paid and the <br />maturities of the Bonds to be redeemed. In the event that Certificated Bonds are <br />outstanding, each such notice to the registered owners thereof shall also set <br />forth, if less than all of the Bonds of any maturity then outstanding shall be <br />called for redemption, the distinctive numbers and letters, if any, of such Bonds <br />to be redeemed and, in the case of any Bond to be redeemed in part only, the <br />portion of the principal amount thereof to be redeemed. If any Bond is to be <br />redeemed in part only, the notice of redemption shall state also that on or after <br /> <br /> <br />