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• <br />• <br />• <br />prompt and full payment of the principal of and interest on the Note will remain in full force and <br />effect. The City may discharge all Notes which are due on any date by depositing with the Registrar <br />on or before that date a sum sufficient for the payment thereof in full. If any Note should not be <br />paid when due, it may nevertheless be discharged by depositing with the Registrar a sum sufficient <br />for the payment thereof in full with interest accrued to the date of such deposit. <br />Section 8. Refunding of County Bond. Upon any refunding of the County Bonds, the <br />City will issue a replacement Note with a payment schedule adjusted to reflect the debt service <br />due and payable on the bonds issued to refund the County Bonds. <br />359834v3 SJB LN140 -103 <br />(The remainder of this page is intentionally left blank.) <br />7 <br />