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O's <br />The Bonds of this issue maturing on or before September <br />1, 1992, are not subject to redemption prior to their respective <br />stated dates of maturity. Bonds which shall mature September 1, <br />1993, and thereafter shall, at the option of the Issuer, be <br />redeemable in whole or in part, in inverse r.,merical order and <br />maturity order, on September 1, 1992, or on any interest payment <br />date thereafter at par and accrued interest, plus the following <br />premiums, expressed as percentages of the par value of the Bonds <br />so redeemed, if redeemed in the following years: <br />5%, <br />if <br />redeemed on September 1, <br />1992, or <br />thereafter, <br />to <br />and including September <br />1, 1994; <br />4%, <br />if <br />redeemed on September 1, <br />1995, or <br />thereafter, <br />to <br />and including September <br />1, 1999; <br />3%, <br />if <br />redeemed on September 1, <br />2000, or <br />thereafter, <br />to <br />and including September <br />1, 2003; <br />2%, <br />if <br />redeemed on September 1, <br />2004, or <br />thereafter, <br />to <br />and including September <br />1, 2007; <br />1%, <br />if <br />redeemed on September 1, <br />2008, or <br />thereafter, <br />to <br />and including September <br />1, 2011; <br />Without <br />premium, if redeemed September 1, <br />2012, or <br />thereafter, but prior to maturity; <br />provided, however, that notice of such redemption shall be given <br />in the manner required by the Resolution. Bonds of this issue <br />held by the United States of America, U. S. Department of <br />Agriculture, Farmers Home Administration, may be redeemed at the <br />option of the Issuer, in whole or in part, prior to their stated <br />dates of maturity, on any interest payment date, at the price of <br />par plus accrued interest, without premium. <br />It is hereby certified and recited that all acts, con- <br />ditions, and things required to exist, to happen and to be per- <br />formed precedent to and in the issuance of this Bond, exist, have <br />happened and have been performed, in regular and due form and <br />time as required by the laws and Constitution of the State of <br />Florida applicable thereto; and that the issuance of this Bond, <br />and of the issue of Bonds of which this Bond is one, does not <br />violate any constitutional or statutory limitations or <br />provisions. <br />This Bond and the coupons appertaining thereto are and <br />have all the qualities and incidents of negotiable instruments <br />under the laws of the State of Florida. <br />-11- <br />