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<br />. Principal Principal <br />Year Amount Year Amount <br />. 2001 ~ $355,000 2009 $ 625,000 <br />2002 380,000 2010 670,000 <br /> 2003 410,000 2011 720,000 <br /> 2004 435,000 2012 775,000 <br /> 2005 470,000 2013 830,000 <br /> 2006 505,000 2014 890,000 <br /> 2007 540,000 2015 980,000 <br /> 2008 580,000 2016 (maturity) 1,800,000 <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />D. Call and Redemption; Notice of Redemption. The Agency <br />may (and, if required by Section 15 hereof, shall) by <br />resolution direct the call and redemption prior to maturity of <br />Bonds by the Fiscal Agent pursuant to Section 11A hereof in <br />such amounts as there are funds available for use in redemption <br />and shall give notice to the Fiscal Agent of the redemption at <br />least thirty (30) days prior to the redemption date. No such <br />notice shall be required with respect to redemption pursuant to <br />Sections IlB or llC hereof, <br /> <br />Notice of redemption prior to maturity shall be given by <br />first class mailing, postage prepaid not less than ten (10) nor <br />more than sixty (60) days prior to the redemption date, (i) to <br />the original purchaser(s) of the Bonds from the Agency (in the <br />case of a syndicate, to the manager thereof), and (ii) to the <br />registered owner of each such Bond at the address shown on the <br />registration books of the Fiscal Agent. Neither the failure to <br />receive such notice nor any immaterial defect in any notice <br />mailed shall affect the sufficiency of the proceedings for the <br />redemption of any Bonds, The notice of redemption shall (a) <br />state the redemption date; (b) state the redemption price; (c) <br />state the numbers of the Bonds to be redeemed; provided, <br />however, that whenever any call for redemption includes all of <br />the outstanding Bonds, the numbers of the Bonds need not be <br />stated; (d) state, as to any Bonds redeemed in part only, the <br />Registered Bond numbers and the principal portion thereof to be <br />redeemed; and (e) state that interest on the principal portion <br />of the Bonds designated for redemption shall cease to accrue <br />from and after the redemption date and that on the redemption <br />date there shall become due and payable on each of such Bonds <br />the redemption price for each Bond. <br /> <br />The actual receipt by the Owner of any Bond of notice of <br />redemption shall not be a condition precedent to redemption, <br />and failure to receive notice shall not affect the validity of <br />the proceedings for the redemption of the Bonds or the <br />cessation of interest on the redemption date, Notice of <br />redemption of Bonds shall be given by the Fiscal Agent on <br />behalf of the Agency and at the expense of the Agency. <br /> <br />05-23-86 <br />1665k/2281/06 <br /> <br />-12- <br />