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amount that is to be redeemed, and if less than a whole maturity is to be called, the Issuer shall direct
<br />the Paying Agent/Registrar to call by lot (provided that a portion of a Certificate may be redeemed
<br />only in an integral multiple of $5,000), at the redemption price of the principal amount thereof, plus
<br />accrued interest to the date fixed for redemption.
<br />AT LEAST 30 days prior to the date fixed for any redemption of Certificates or portions
<br />thereof prior to maturity a written notice of such redemption shall be sent by the Paying
<br />Agent/Registrar by United States mail, first-class postage prepaid, at least 30 days prior to the date
<br />fixed for any such redemption, to the Registered Owner of each Certificate to be redeemed at its
<br />address as it appeared on the 45th day prior to such redemption date; provided, however, that the
<br />failure of the Registered Owner to receive such notice, or any defect therein or in the sending or
<br />mailing thereof, shall not affect the validity or effectiveness of the proceedings for the redemption of
<br />any Certificate. By the date fixed for any such redemption due provision shall be made with the
<br />Paying Agent/Registrar for the payment of the required redemption price for the Certificates or
<br />portions thereof that are to be so redeemed. If such written notice of redemption is sent and if due
<br />provision for such payment is made, all as provided above, the Certificates or portions thereof that
<br />are to be so redeemed thereby automatically shall be treated as redeemed prior to their scheduled
<br />maturities, and they shall not bear interest after the date fixed for redemption, and they shall not be
<br />regarded as being outstanding except for the right of the Registered Owner to receive the redemption
<br />price from the Paying Agent/Registrar out of the funds provided for such payment. If a portion of
<br />any Certificate shall be redeemed, a substitute Certificate or Certificates having the same maturity
<br />date, bearing interest at the same rate, in any denomination or denominations in any integral multiple
<br />of $5,000, at the written request of the Registered Owner, and in aggregate principal amount equal
<br />to the unredeemed portion thereof, will be issued to the Registered Owner upon the surrender thereof
<br />for cancellation, at the expense of the Issuer, all as provided in the Certificate Ordinance.
<br />ALL CERTIFICATES OF THIS SERIES are issuable solely as fully registered certificates,
<br />without interest coupons, in the denomination of any integral multiple of $5,000. As provided in the
<br />Certificate Ordinance, this Certificate may, at the request of the Registered Owner or the assignee
<br />or assignees hereof, be assigned, transferred, converted into and exchanged for a like aggregate
<br />principal amount of fully registered certificates, without interest coupons, payable to the appropriate
<br />Registered Owner, assignee or assignees, as the case may be, having the same denomination or
<br />denominations in any integral multiple of $5,000 as requested in writing by the appropriate Registered
<br />Owner, assignee or assignees, as the case may be, upon surrender of this Certificate to the Paying
<br />Agent/Registrar for cancellation, all in accordance with the form and procedures set forth in the
<br />Certificate Ordinance. Among other requirements for such assignment and transfer, this Certificate
<br />must be presented and surrendered to the Paying Agent/Registrar, together with proper instruments
<br />of assignment, in form and with guarantee of signatures satisfactory to the Paying Agent/Registrar,
<br />evidencing assignment of this Certificate or any portion or portions hereof in any integral multiple of
<br />$5,000 to the assignee or assignees in whose name or names this Certificate or any such portion or
<br />portions hereof is or are to be registered. The form of Assignment printed or endorsed on this
<br />Certificate may be executed by the Registered Owner to evidence the assignment hereof, but such
<br />method is not exclusive, and other instruments of assignment satisfactory to the Paying
<br />Agent/Registrar may be used to evidence the assignment of this Certificate or any portion or portions
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