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<br />.
<br />
<br />.
<br />
<br />I
<br />
<br />.
<br />
<br />.
<br />
<br />Years
<br />
<br />Principal Amount
<br />
<br />1988
<br />1989
<br />1990
<br />
<br />$
<br />
<br />250,000
<br />750,000
<br />150,000
<br />
<br />and thereafter the Agency shall make Minimum Sinking ~ccount
<br />Payments to redeem the Bonds as provided in this Section 11(3).
<br />
<br />The Outstanding Bonds shall be called before maturity
<br />and redeemed from Minimum Sinking Account Payments on
<br />December 15, 1991, and on each December 15 thereafter prior to
<br />maturity in accordance with the following schedule at a
<br />redemption price for each redeemed Bond equal to the principal
<br />amount thereof, plus accrued interest to the redemption date,
<br />without premium:
<br />
<br />December 15
<br />1991
<br />1992
<br />1993
<br />1994
<br />1995
<br />1996
<br />1997
<br />1998
<br />1999
<br />2000
<br />
<br />Principal
<br />Amount
<br />$1,300,000
<br />250,000
<br />350,000
<br />350,000
<br />450,000
<br />500,000
<br />600,000
<br />700,000
<br />750,000
<br />825,000
<br />
<br />Principal
<br />Amount
<br />$ 925,000
<br />1,050,000
<br />1,200,000
<br />1,300,000
<br />1,400,000
<br />1,500,000
<br />1,600,000
<br />1,650,000
<br />1,600,000
<br />1,700,000
<br />
<br />December 15
<br />2001
<br />2002
<br />2003
<br />2004
<br />2005
<br />2006
<br />2007
<br />2008
<br />2009
<br />2010 (final
<br />maturity)
<br />
<br />In the event part of the Bonds are redeemed as provided in
<br />Subsection A(5) of this Section 11 the Minimum Sinking Account
<br />Payments shall be reduced proportionately in each of the years
<br />1991 to 2010, inclusive.
<br />
<br />(4) Except as specifically provided in
<br />subparagraph (6) below, the Outstanding Bonds may be called
<br />before maturity and redeemed, at the option of the Agency,
<br />if the Bonds are remarketed for a term extending to the
<br />maturity date of the Bonds, in whole from the proceeds of
<br />sale of refunding bonds and from other available funds, or
<br />in whole or in part from monies in the Redemption Account,
<br />on December 15,2000, or on any Interest Payment Date
<br />thereafter prior to maturity, by lot. Bonds so called for
<br />redemption shall be redeemed at a redemption price for each
<br />redeemed Bond equal to the principal amount thereof, plus
<br />accrued interest to the redemption date, and the following
<br />premium (expressed as a percentage of principal amount) if
<br />redeemed on the following redemption dates:
<br />
<br />12-28-85
<br />0063kj2281j05
<br />
<br />-16-
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