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maturity 2002,
<br />%
<br />maturity 2012,
<br />%
<br />maturity 2003,
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<br />maturity 2013,
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<br />maturity 2004,
<br />%
<br />maturity 2014,
<br />%
<br />maturity 2005,
<br />%
<br />maturity 2015,
<br />%
<br />maturity 2006,
<br />%
<br />maturity 2016,
<br />%
<br />maturity 2007,
<br />%
<br />maturity 2017,
<br />%
<br />maturity 2008,
<br />%
<br />maturity 2018,
<br />%
<br />maturity 2009,
<br />%
<br />maturity 2019,
<br />%
<br />maturity 2010,
<br />%
<br />maturity 2020,
<br />%
<br />maturity 2011,
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<br />maturity 2021,
<br />%
<br />with said interest being payable on December 15, 2002, and semiannually on each June 15 and December
<br />15 thereafter while this Certificate of Obligation or any portion hereof is outstanding and unpaid.
<br />THE INSTALLMENTS OF PRINCIPAL OF AND THE INTEREST ON this Certificate of
<br />Obligation are payable in lawful money of the United States of America, without exchange or collection
<br />charges. The installments of principal and the interest on this Certificate of Obligation are payable to the
<br />registered owner hereof through the services of THE BANK OF NEW YORK TRIIST COMPANY OF
<br />FLORIDA, N.A., DALLAS, TEXAS, which is the "Paying Agent/Registrar" for this Certificate of
<br />Obligation. Payment of all principal of and interest on this Certificate of Obligation shall be made by the
<br />Paying Agent/Registrar to the registered owner hereof on each principal and/or interest payment date by
<br />check or draft, dated as of such date, drawn by the Paying Agent/Registrar on, and payable solely from, funds
<br />of the Issuer required by the ordinance authorizing the issuance of this Certificate of Obligation (the
<br />"Certificate of Obligation Ordinance") to be on deposit with the Paying Agent/Registrar for such purpose as
<br />hereinafter provided; and such check or draft shall be sent by the Paying Agent/Registrar by United States
<br />mail, first-class postage prepaid, on each such principal and/or interest payment date, to the registered owner
<br />hereof, at the address of the registered owner, as it appeared on the last business day of the month next
<br />preceding each such date (the "Record Date") on the Registration Books kept by the Paying Agent/Registrar,
<br />as hereinafter described, or by such other method acceptable to Paying Agent/Registrar requested by, and
<br />at the risk and expense of, the registered owner. The Issuer covenants with the registered owner of this
<br />Certificate of Obligation that on or before each principal and/or interest payment date for this Certificate of
<br />Obligation it will make available to the Paying Agent/Registrar, from the "Interest and Sinking Fund" created
<br />by the Certificate of Obligation Ordinance, the amounts required to provide for the payment, in immediately
<br />available funds, of all principal of and interest on this Certificate of Obligation, when due.
<br />IF THE DATE for the payment of the principal of or interest on this Certificate of Obligation shall
<br />be a Saturday, Sunday, a legal holiday, or a day on which banldng institutions in the city where the Paying
<br />Agent/Registrar is located are authorized by law or executive order to close, then the date for such payment
<br />shall be the next succeeding day which is not such a Saturday, Sunday, legal holiday, or day on which banldng
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