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MATURITIES: The bonds will mature in consecutive <br />numerical order on October i in the amounts for eac~ of t~e <br />several years as follows: $35~000 on October i in each of <br />the years 195~ to 1977, both inclusive. <br /> <br /> INTEREST: The bonds shall bear interest at a <br />rate or rates to be fixed upon the sale thereof but not <br />to exceed 6% per annum, payable annually the first year <br />and semiannually thereafter. <br /> <br /> PAYMENT: Said bonds and the interest thereon <br />are payable in lawful money of the United States of <br />America at the office of the City Treasurer of the City <br />of Santa Ana, California, or at any fiscal agency of the <br />city in Los Angeles, California, or in Chicago, Illinois, <br />or in New York, New York, at the option of the holder <br /> <br />thereof. <br /> <br /> <br />