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Owner thereof, Bonds of like interest rate and maturity in an aggregate principal amount equal to the <br />unredeemed portion of the principal amount of the Bonds so surrendered in such authorized denominations as <br />shall be specified by the Owner. If the Owner of the Bonds is registered to Cede & Co., payment of the <br />redeemed Bonds shall be made without presentment. <br />Manner of Redemption. From and after the date fixed for redemption, if funds available for the <br />payment of the principal of and interest on the Bonds so called for redemption shall have been duly deposited <br />with the Trustee, such Bonds so called shall cease to be entitled to any benefit under the Indenture other than the <br />right to receive payment of the redemption price and accrued interest to the redemption date, and no interest <br />shall accrue thereon from and after the redemption date specified in such notice. <br />Manner of Redemption. Whenever less than all the outstanding Bonds of any one maturity are to be <br />redeemed on any one date, the Trustee shall select the particular Bonds to be redeemed by lot, and in selecting <br />the Bonds for redemption the Trustee shall treat each Bond of a denomination of more than five thousand dollars <br />($5,000) as representing that number of Bonds of five thousand dollars ($5,000) denomination which is obtained <br />by dividing the principal amount of such Bond by five thousand dollars ($5,000), and the portion of any Bond of <br />a denomination of more than five thousand dollars ($5,000) to be redeemed shall be redeemed in an authorized <br />denomination. The Trustee shall promptly notify the Successor Agency in writing of the numbers of the Bonds <br />so selected for redemption in whole or in part on such date. <br />10 <br />SA -3-24 <br />