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2oo9oso~3 ISSUANCE AND EXECUTION OF BONDS Section 1. 2009B Bonds in the aggregate principal amount of Three Million Six Hundred Thousand Dollars ($3,600,000) shall be issued by the Corporation as soon as practicable on or following the date of execution of this Indenture and the net principal proceeds thereof shall be delivered to the Trustee and deposited to the Construction Fund and applied to costs of the Project as provided in this Indenture. Section 2. The 2009B Bonds shall be designated "Building Bonds (Health Sciences Education Center Project), Series 2009B" and shall be issued in the principal amount of Three Million Six Hundred Thousand Dollars ($3,600,000), with said 2009B Bonds bearing interest at the rates per annum and to become due on March 1 of the year as indicated below: Maturity on Interest Rate March 1 of Year Princi al Amount Per Annum 2012 $ 35,000 1.85% 2013 35,000 2.30 2014 45,000 2.75 201 S 45,000 3.00 2016 50,000 3.25 2017 130,000 3.50 2018 135,000 3.70 2019 140,000 3.90 2020 1.45,000 4.00 2021 155,000 4.1 D 2022 160,000 4.25 2023 170,000 4.35 2024 175,000 4.45 2029 930,000 4.85 2034 1,250,000 5.15 The 2009B Bonds shall be issued in fully registered form in the denominatian of $5,000 or any integral multiple thereof. The date of original issue for the 2009B Bonds shall be the date of delivery thereof. Interest on the 2009B Bonds, at the respective rates for each maturity, shall be payable semiannually on March 1 and September 1 of each year commencing an March 1, 2010 (each of said dates an "Interest Payment Date") and the 2009B Bonds shall bear such interest from the date of anginal issue or the mosC recent Interest Payment Date, whichever is later. The interest due on each Interest Payment Date shall be payable to the registered owners of record as of the fifteenth day of the month immediately preceding the month in which the Interest Payment Date occurs (the "Record Date"), subject to the provisions of Section 4 of this Article II. The 2009B Bonds shall be numbered from 1 upwards, in the order of their issuance. No 2009B Bond shall be issued originally or upon transfer ar partial redemption having more than one principal maturity. The initial bond numbering and principal amounts for each of the 2009B Bonds issued shall be designated by the Trustee as directed by the initial purchaser thereof. Payments of interest due on the 2009B Bonds shall be made by the Trustee by mailing a check or draft (or wire in the case of the Depository under Section 11 of this Article II) in the amount due for such interest on each Interest Payment Date to the registered owner of each 2009B Bond, as of the Record Date for such Interest Payment Date, to such owner's registered address as shown on the books of registration as required to be maintained in Section 3 of this Article II. Payments of principal due at maturity or at any date fixed far redemption prior to maturity shall be made by the Trustee to the registered owners upon presentation and surrender of the 2009B Bands to the Trustee, subject to the 4