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200510856 ARTICLE III REDEMPTION OF BONDS BEFORE MATURITY Section 3.01. Building Bonds maturing on or before November 1, 2009, are not subject to redemption prior to maturity. Section 3.02. Building Bonds maturing on and after November 1, 2010, . are subject to optional redemption, in whole or in part, at the option of the Corporation (as directed by the City), prior to maturity, on the fifth anniversary of the date of original issue for the Building Bonds, or at any time thereafter, at the principal amount of each Building Bond plus accrued interest to the date fixed for redemption. Selection of the Building Bonds to be optionally redeemed shall be in the sole discretion of the Corporation (at the direction of the City). Section 3.03 Reserved. Section 3.04 In the event that the Trustee shall be provided with funds sufficient to make any optional redemption prior to maturity, upon the request of either the Corporation or the City, the Trustee is hereby authorized and directed to take action to call and redeem Building Bonds in accordance with such request; provided, however, before mailing notice or taking any other action to redeem any Building Bonds in any such case of optional redemption under the terms of Section 3.02 of this Article III, the Trustee in its discretion may require that such monies or investments be deposited with it as will provide in full for the payment of principal and accrued interest on the Building Bonds to be called for such optional redemption as of the date fixed for redemption. Section 3.05 Individual Building Bonds may be redeemed in part but only in the principal amount of $5,000 or any integral multiple thereof. Notice of the call for any redemption identifying the Building Bonds to be redeemed shall be given by the Trustee by mail not less than thirty days prior to the date fixed for redemption, first class, postage prepaid, sent to the registered owner of each such bond called for redemption at said owner's registered address. The registered owner of any Building Bond may waive the foregoing thirty -day requirement for mailed notice of redemption. Each notice shall identify the Building Bonds to be redeemed by their numbers and maturities and state the date on which they shall be presented for payment. If on or before the date fixed for redemption funds have been deposited with the Trustee to pay the Building Bonds, the Building Bonds thus called shall not bear interest after such redemption date and, except for the purpose of payment, shall no longer be protected by this Indenture and shall not be deemed to be outstanding under the provisions of this Indenture. Section 3.06. All bonds which have been redeemed shall be cancelled by the Trustee and shall not be reissued. W.