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The Series 1996 Bonds maturing on September 1, , are subject to mandatory redemption prior to <br />maturity in part (including portions of Bonds) at a price equal to 100% of the principal amount thereof plus <br />accrued interest thereon on September 1 in the years and amounts set forth below. <br />Principal <br />-YAK Amount <br />(maturity) <br />The Series 1996 Bonds maturing on September 1, , are subject to mandatory redemption prior to <br />maturity in part (including portions of Bonds) at a price equal to 100% of the principal amount thereof plus <br />accrued interest thereon on September 1 in the years and amounts set forth below: <br />Principal <br />-YAK Amount <br />(maturity) <br />The County may apply moneys in the Bond Amortization Account to the purchase of Series 1996 Bonds <br />subject to mandatory redemption (the "Series 1996 Term Bonds") at prices not greater than par plus accrued <br />interest and apply the principal amount of any Series 1996 Term Bonds so purchased as a credit against and in <br />fulfillment of amortization installments required on the Series 1996 Term Bonds of the same maturity. If the <br />County shall purchase or call for redemption in any year Series 1996 Term Bonds in excess of the amortization <br />installment requirement for such year, such excess of Series 1996 Term Bonds so purchased or redeemed shall <br />be credited against subsequent mandatory redemption of the Series 1996 Term Bonds at such times and amounts <br />as the County may direct. To the extent the County's obligation to make installments in a particular year is <br />fulfilled through such purchases, the likelihood of redemption through such installments of any Registered <br />Owner's Series 1996 Bonds of the maturity so purchased will be reduced for such year. <br />Opttlonal Redemption <br />The Series 1996 Bonds maturing prior to September 1, , shall not be subject to redemption prior <br />to their respective dates of maturity. The Series 1996 Bonds stated to mature on or after September 1, , <br />are subject to redemption at the option of the County in whole or, from time to time, in part on September 1, <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 />Redemption Period Redemption Price <br />September 1, through August 31, _ % <br />September 1, through August 31, %n <br />September 1, and thereafter % <br />If fewer than all of the Series 1996 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 1996 Bonds of any particular maturity are to be <br />redeemed, the Bond Registrar will select by lot the particular Series 1996 Bonds or portions of Series 1996 Bonds <br />of such maturity to be redeemed. The portion of any Series 1996 Bond of a denomination of more than 55,000 <br />to be redeemed will be in the principal amount of $5,000 or an integral multiple of that sum. <br />