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'Lf1 <br />[Insert redemption provisions] <br />If less than all Bonds of any one maturity are to be redeemed, the <br />Bonds of such maturity to be redeemed shall be drawn by lot by the Paying Agent. <br />For the purposes of redemption, a Bond of a denomination larger than $5,000 <br />shall be treated as representing that number of Bonds which equals the number <br />obtained by dividing the principal amount thereof by $5,000, each $5,000 portion <br />of such Bond being subject to redemption. In case of partial redemption of any <br />Bond, payment of the redemption price shall be made only upon surrender of such <br />Bond in exchange for Bonds of authorized denominations in aggregate principal <br />amount equal to the unredeemed portion of the principal amount thereof. <br />Notice of such redemption shall be given in the manner provided in <br />the Resolution. On the date designated for redemption, notice having been <br />provided as aforesaid, and money for payment of the principal, premium, if any, <br />and accrued interest being held by the Paying Agent, interest on the Bonds or <br />portions thereof so called for redemption shall cease to accrue and such Bonds <br />or portions thereof so called for redemption shall cease to be entitled to any <br />benefit or security under the Resolution, and the registered owners of such <br />Bonds or portions thereof so called for redemption shall have no rights with <br />respect thereto, except to receive payment of the principal to be redeemed and <br />accrued interest thereon to the date fixed for redemption, together with the <br />redemption premium, if any. <br />This Bond shall not be valid or become obligatory for any purpose <br />or be entitled to any security or benefit under the Resolution until the <br />certificate of authentication hereon shall have been executed by the manual <br />signature of an authorized representative of the Bond Registrar. <br />- 12 - <br />