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2009~00~3 <br />maintain the Project and that loss or damage thereto shall not reduce the rent payable by the College. The <br />College has previously issued its Building Bonds (Health Science Education Center Project), Series 2009A, <br />in the principal amount of $4,310,000, and its Building Bonds (Health Science Education Center Project), <br />Series 2009B, in the principal amount of $3,600,000 pursuant to the Indenture on a parity with the bonds of <br />this issue; and the Indenture provides for the issuance of the Completion Bonds on a parity with the bonds of <br />this issue and said Series 2009A Bonds and Series 2009B Bonds to pay remaining costs of the Project in an <br />amount not to exceed $1,745,000. <br />The Corporation, however, reserves the right and option of paying bonds of this series <br />maturing on or after March 1, 2015 at any time on or after the fifth anniversary of the date of original issue <br />shown above at the principal amount thereof designated for redemption plus accrued interest to the date fixed <br />for redemption. <br />Bonds of this issue due as term bonds on March 1, 2029, bearing a stated interest rate of <br />4.750%, (the "2029 Terrn Bands") shall be redeemed prior to their stated maturity and paid at stated maturity <br />from mandatory sinking fund payments required to be made by Corporation under the Indenture in <br />accordance with the following schedule: <br />Redemption Date <br />March 1, 2025 <br />March 1, 2026 <br />March 1, 2027 <br />March 1, 2028 <br />March 1, 2029 <br />Amount Required to be Redeemed <br />$110,000 <br />115,000 <br />125,000 <br />130,000 <br />135,000 <br />Bonds of this issue due as term bonds on March 1, 2034, bearing a stated interest rate of 5.150%, (the "2034 <br />Term Bonds") shall be redeemed prior to their stated maturity and paid at stated maturity from mandatory <br />sinking fund payments required to be made by Corporation tinder the Indenture in accordance with the <br />following schedule: <br />Redemption Date <br />March 1, 2030 <br />March 1, 2031 <br />March 1, 2032 <br />March 1, 2033 <br />March 1, 2034 <br />Amount Required to be Redeemed <br />$145,000 <br />160,000 <br />165,000 <br />175,000 <br />185,000 <br />Such mandatory redemption of Term Bonds shall be at a price equal to 100% of the principal amount <br />redeemed plus interest accrued on the principal amount being redeemed to the date fixed for redemption. <br />Notice of redemption, for any redemption, optional or mandatory, shall be given by mail, sent <br />to the registered owner of any bond to be redeemed at said registered owner's address in the manner provided <br />in the Indenture authorizing said bonds. Individual bonds may be redeemed in part but only in $5,000 <br />amounts or integral multiples thereof. <br />This bond is transferable by the registered owner or such owner's attorney duly authorized in <br />writing at the principal corporate trust office of the Trustee upon surrender and cancellation of this bond, and <br />8 <br />