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February 1 <br />of Year <br />February <br />of Year <br />13 <br />Term Bonds Due February 1, 20 <br />Principal <br />Amount <br />February I <br />of Year <br />Term Bonds Due February 20 <br />Principal February 1 <br />Amount of Year <br />Principal <br />Amount <br />Principal <br />Amount <br />At least thirty days prior to the date set for redemption of any Bond, notice of the call for <br />redemption will be mailed to the Bond Registrar and to the registered owner of each Bond to be <br />redeemed at his address appearing in the Bond Register, but no defect in or failure to give such <br />mailed notice of redemption shall affect the validity of the proceedings for the redemption of any <br />Bond not affected by such defect or failure. Official notice of redemption having been given as <br />aforesaid, the Bonds or portions of the Bonds so to be redeemed shall, on the redemption date, <br />become due and payable at the redemption price herein specified and from and after such date <br />(unless the Authority shall default in the payment of the redemption price) such Bond or portions <br />of Bonds shall cease to bear interest. Upon the partial redemption of any Bond, a new Bond or <br />Bonds will be delivered to the registered owner without charge, representing the remaining <br />principal amount outstanding. <br />As provided in the Resolution and subject to certain limitations set forth therein, this <br />Bond is transferable upon the books of the Authority at the principal office of the Bond <br />Registrar, by the registered owner hereof in person or by his attorney duly authorized in writing <br />upon surrender hereof together with a written instrument of transfer satisfactory to the Bond <br />Registrar, duly executed by the registered owner or his attorney; and may also be surrendered in <br />exchange for Bonds of other authorized denominations. Upon such transfer or exchange, the <br />Authority will cause a new Bond or Bonds to be issued in the name of the transferee or registered <br />owner, of the same aggregate principal amount, bearing interest at the same rate and maturing on <br />the same date, subject to reimbursement for any tax, fee or governmental charge required to be <br />paid with respect to such transfer or exchange. <br />The Authority and the Bond Registrar may deem and treat the person in whose name this <br />Bond is registered as the absolute owner hereof, whether this Bond is overdue or not, for the <br />purpose of receiving payment and for all other purposes, and neither the Authority nor the Bond <br />Registrar shall be affected by any notice to the contrary. <br />in <br />