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owner of any Bond in the principal amount of $1,000,000 or more may, upon written request made to the Registrar and at the expense of such registered owner, direct that payment of interest thereon be made by wire transfer or any other medium acceptable to the County and to such registered owner, all as more specifically provided in the Bond Resolution. The transfer of the Bonds will be registrable and they may be exchanged at the principal office of the Registrar, upon the payment of any taxes, fees or other governmental charges required to be paid with respect to such transfer or exchange. The person in whose name any Bond is registered will be deemed and regarded as the absolute owner thereof for all purposes and payment of or on account of the principal or redemption price of any Bond, and the interest on any such Bonds, will be made only to or upon the order of the registered owner thereof or his or her legal representative. Optional Redemption Bonds or portions thereof maturing in the years [ ] through [ ], both inclusive, are not redeemable prior to their stated dates of maturity. Bonds or portions thereof maturing on January 1, [ ], and thereafter are redeemable prior to their stated dates of maturity, at the option of the County, as a whole or in part on January 1, [ ], or on any date thereafter, in such manner approved by the County, at a redemption price of 100% of the principal amount thereof, together with accrued interest thereon to the redemption date. Notice of such redemption must, not more than 60 days or less than 30 calendar days prior to the redemption date, be filed with the Registrar and be mailed, postage prepaid, by the Registrar to all owners of Bonds to be redeemed at their addresses as they appear on the registration books of the Registrar; provided, however, that failure to mail such notice of redemption to one or more owners will not affect the validity of the proceedings for such redemption with respect to the owners to which notice was duly mailed in accordance with the Bond Resolution. Each such notice will set forth the date fixed for redemption, the redemption price to be paid and, if less than all of the Bonds of one maturity are to be called, the distinctive numbers of such Bonds to be redeemed, and in the case of Bonds to be redeemed in part only, the portion of the principal amount thereof to be redeemed. Upon surrender of any Bond for redemption in part only, the Registrar shall authenticate and deliver to the owner thereof, a new Bond ,of an authorized denomination equal to the unredeemed portion of the Bond surrendered. 10