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The County may apply moneys in the Bond Amortization Account to the purchase of Series 1993A <br />Bonds subject to mandatory redemption (the "Series 1993A Term Bonds') at prices not greater than par plus <br />accrued interest and apply the principal amount of any Series 1993A Term Bonds so purchased as a credit <br />against and in fulfillment of amortization installments required on the Series 1993A Term Bonds of the same <br />maturity. If the County shall purchase or call for redemption in any year Series 1993A Term Bonds in excess <br />of the amortization installment requirement for such year, such excess of Series 1993A Term Bonds so purchased <br />or redeemed shall be credited against subsequent mandatory redemption of the Series 1993A Term Bonds at <br />such times and amounts as the County may direct. To the extent the County's obligation to make installments <br />in a particular year is fulfilled through such purchases, the likelihood of redemption through such installments <br />of any Owners Series 1993A Bonds of the maturity so purchased will be reduced for such year. <br />Optloaal Redempllon <br />The Series 1993A Bonds maturing on or prior to September 1, , shall not be subject to <br />redemption prior to their respective dates of maturity. The Series 1993A Bonds stated to mature on or after <br />are subject to redemption at the option of The County in whole or, from time to time, in part, on_ <br />or on any date thereafter at the respective redemption prices set forth below expressed as percentages <br />of the principal amount to be redeemed, plus accrued interest to the date of redemption. <br />September 1, through August 31, ° <br />September 1, through August 31, <br />September 1, and thereafter, �y <br />If fewer than all of the Series 1993A Bonds are to be so redeemed, the County may select the maturity <br />or maturities to be redeemed. If fewer than all of the Series 1993A Bonds of any particular maturity are to be <br />redeemed, the Bond Registrar will select by lot the particular Series 1993A Bonds or portions of Series 1993A <br />Bonds of such maturity to be redeemed. The portion of any Series 1993A Bond of a denomination of more than <br />$5,000 to be redeemed will be in The principal amount of $5,000 or an integral multiple of that sum. <br />The Series 1993B Bonds shall not be subject to optional redemption prior to maturity. <br />ErMaordlnary Mandatory Redemption <br />The Series 1993B Bonds are subject to extraordinary mandatory redemption in whole or in part, on any <br />payment date, from moneys received on prepayments of the 1989 Special Assessments and the 1990 Special <br />Assessments, as defined herein, at a redemption price equal to the principal amount due thereon plus accrued <br />interest. The Series 1993B Bonds will be selected for extraordinary mandatory redemption in ascending order <br />of maturities and, if redeemed in part, by lot within maturities. The portion of any Series 1993B Bond of a <br />denomination of more than $5,000 to be redeemed will be in the principal amount of $5,000 or an integral <br />multiple of that sum. <br />it is possible that substantial prepayments could occur, which result in a significant portion of the Series <br />1993B Bonds being redeemed prior to maturity. See "SECURITY AND SOURCES OF PAYMENT - PLEDGE <br />OF 1989 SPECIAL ASSESSMENT REVENUES" and "SECURITY AND SOURCES OF PAYMENT - <br />PLEDGE OF 1990 SPECIAL ASSESSMENT REVENUES" herein. <br />The Series 1993A Bonds shall not be subject to Extraordinary Mandatory Redemption from moneys <br />received from prepayments of the 1989 Special Assessments and the 1990 Special Assessments. <br />