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the numbers of ,all Bearer Bonds of such maturity of the denomination of $5,000 then Outstanding and the numbers so assigned to such Fully Registered Bonds, as many numbers as, at $5,000 for each number, shall equal the principal amount of such Bonds to be redeemed. The Bonds to be redeemed shall be the Bearer Bonds of the denomination of $5,000' bearing the numbers so se lected, and the Fully Registered Bonds t.o which were assigned numbers so selected, but .only s.o much of the principal amount of each such Fully Registered Bond of a denomination of more than $5,000 shall be redeemed as shall equal $5,000 for each number assigned to it and so selected. For the purposes of this Section, Bonds which have theretof.ore been selected by lot for redemption shall not be deemed Outstanding. 403. Notice of Redemption. When the Trustee shall be required or authorized, or shall receive notice from the Agency of its election, to redeem Bonds, the Trustee shall in accordance with the terms and provisions of the Bonds and of this Resolution select the Bonds to be redeemed and shall give notice, in the name of the Agency, of the redemption of Bonds, which n.otice shall specify the maturities of the Bonds t.o be redeemed, the Redemption Date and the place or places where amounts due upon such redemption will be payable and, if less than all of the B.onds of any 1 ike maturity are to be redeemed, the letters and numbers or other distinguishing marks of such Bonds so to be redeemed, and, in the case of Fully Registered Bonds to be redeemed in part only, such notice shall also specify the porti.on of the principal amount thereof to be redeemed. Such not ice shall further state that on such date there shall become due and payable upon each Bond to be redeemed the Redemption Price thereof, or the Redemption Price of the specified portion of the principal thereof in the case of a Fully Registered Bond to be redeemed in part on ly, together with interest accrued to such date, and that fr.om and after such date interest thereon shall cease to accrue and be payable. Such notice shall be given by publication thereof in Authorized Newspapers, at least once, not less than thirty (30) days nor more than sixty (60) days prior to such Redempti.on Date. The Trustee shall als.o mail a copy of such notice, postage prepaid, n.ot less than thirty (30) days nor more than sixty (60) days prior to such Redempt ion Date, to the registered owner of any Bond, all or a portion of which is to be redeemed, at his last address, if any, appearing upon the registry books, and the Holders .of Bonds in bearer form who have fi led an address and the number or numbers of their respective Bonds with the Trustee for such purpose or pursuant to Section 1104, but such mailing shall not be a cond it ion precedent to such redemption and fa ilure so to ma il any such notice shall not affect the validity of any proceedings for the redemption of Bonds. 404. Agency's Election to Redeem. The Agency shall give written notice to the Trustee .of its election to redeem Bonds which are subject to õptional redemption and of the Redemption Date, which notice shall be given at least forty days (40) prior to the Redemption Date or at such later date as shall be acceptable to the Trustee. In the event that the required notice of redemption shall have been given, the Agency shall, and hereby covenants that it wi 11, prior t.o the Redemption Date, pay to the Trustee an amount in cash which, in addition to any other moneys available therefor held by the Trustee, will be 27 . . . . .