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<br /> <br /> <br /> <br /> <br /> <br /> maturity 1989, 10.00% maturity 1999, 7.30% <br /> maturity 1990, 10.00% maturity 2000, 7.40% <br /> maturity 1991, 10.00% maturity 2001, 7.50$ <br /> maturity 1992, 10.00$ maturity 2002, 7.60$ <br /> maturity 1993, 10.00% maturity 2003, 7.60$ <br /> maturity 1994, 10.00$ maturity 2004, 7.70$ <br /> maturity 1995, 10.00$ maturity 2005, 7.70$ <br /> maturity 1996, 10.00% maturity 2006, 7.80$ <br /> maturity 1997, 8.10$ maturity 2007, 7.80$ <br /> maturity 1998, 7.20% maturity 2008, 7.00% <br /> with said interest being payable on June 15, 1989, and <br /> semiannually on each December 15 and June 15 thereafter <br /> while this Bond or any portion hereof is outstanding and <br /> unpaid. <br /> THE INSTALLMENTS OF PRINCIPAL OF AND THE INTEREST ON <br /> this bond are payable in lawful money of the United States <br /> of America, without exchange or collection charges. The <br /> installments of the principal of and the interest on this <br /> Bond are payable to the registered owner hereof through the <br /> services of NCNB Texas National Bank, Dallas, Texas, which <br /> is the "Paying Agent/Registrar" for this Bond. Payment of <br /> all principal of and interest on this Bond shall be made by <br /> the Paying Agent/Registrar to the registered owner hereof on <br /> each principal and/or interest payment date by check or <br /> draft, dated as of such date, drawn by the Paying Agent/Reg- <br /> istrar on, and payable solely from, funds of the Issuer <br /> required by the ordinance authorizing the issuance of this <br /> Bond (the "Bond Ordinance") to be on deposit with the Paying <br /> Agent/Registrar for such purpose as hereinafter provided; <br /> and such ch'"eck or draft shall be sent by the Paying Agent/ <br /> Registrar by United States mail, first class postage pre- <br /> paid, on each such principal and/or interest payment date, <br /> to the registered owner hereof, at the address of the regis- <br /> tered owner, as it appeared on the last day of the month <br /> next precedinq each such date (the "Record Date") on the <br /> Registration Books kept by the Paying Agent/Registrar, as <br /> hereinafter described. The Issuer covenants with the regis- <br /> tered owner of this Bond that on or before each principal <br /> and/or interest payment date for this Bond it will make <br /> available to the Paying Agent/Registrar, from the "Interest <br /> and Sinking Fund" created by the Bond Ordinance, the amounts <br /> required to provide for the payment, in immediately avail- <br /> able funds, of all principal of and interest on this Bond, <br /> when due. <br /> IF THE DATE for the payment of the principal of or <br /> interest on this Bond shall be a Saturday, Sunday, a legal <br /> holiday, or a day on which banking institutions in the city <br /> where the Paying Agent/Registrar is located are authorized <br /> by law or executive order to close, then the date for such <br /> payment shall be the next succeeding day which is not such a <br /> 4 <br />