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<br />2A4
<br />$1- i~~~~~~,s~
<br />to be construed as a negotiable instrument and is registered
<br />as to principal and interest on the registration books of
<br />the Issuer in the office of the Trustee, as Bond Registrar.
<br />Tiais Bond may be transferred onl^ c..~ such books, by the
<br />registered owner, in person or by a duly authorized
<br />attorney, and evidence of such transfer shall be in like
<br />manner endorsed hereon. Such registration may be to hearer,
<br />and thereby transferability by delivery shall be restored,
<br />subject, however, to successive registrations and transfers
<br />as before. The principal of and interest on this Bond,
<br />unless registered to bearer, shall be payable only to the
<br />registered owner or his legal representative.
<br />The Bonds of the issue of which this Bond is one are
<br />noncallable far redemption prior to November 15, 1986,
<br />except (1) in the event of condemnation of the Project, or
<br />any part thereof, changes in law, or judgment of any court
<br />making the Lease void, or imposing unreasonable economic or
<br />legal burdens on the Company, or enjoining of the Project or
<br />operation thereof, to the extent provided in Article IX of
<br />the Lease, or (2) in the event of` damage to or destruction
<br />of the Project or any garL thereof, to the extent provided
<br />in Article IX of the Lease. If called for redemption in
<br />such events, the Bonds shall be subject to redemption by the
<br />Issuer in the manner provided in the Indenture, at the
<br />principal amount thereof plus accrued interest to the
<br />redemption date.
<br />Any of the Bonds which mature on or after November 15,
<br />1986 are also subject to redemption by the Issuer prior to
<br />maturity on any -interest payment date in whole or in Bart
<br />(in inverse order) at the principal amount plus accrued
<br />interest to date fixed for redemption, plus a redemption
<br />premium (expressed as percentages of the principal amount of
<br />the Bonds! set forth in the table below.
<br />Redemption Dates Redemption
<br />(Both Dates Inclusive} Premium
<br />November 15, 1486, to November 14, 1987 5%
<br />November 15, 1987, to November 14, 1988 4.5%
<br />November 15, 1988, to November 14, 1989 4%'
<br />November- 15, 1989, to November 14, 1990 3.5%
<br />November 15, 1990, to November 14, 1991 3%
<br />November 15, 1991, to November 14, 1992 2.5%
<br />November 15, 1992, to November 14, 1993 2$
<br />November 15, 1493, to November 14, 1994 1.5%
<br />November 15, 1994, to November 14, 1995 1%
<br />November 15, 1995 and thereafter NONE
<br />In the event the Company is required to purchase the
<br />Project under Article IX of the Lease by reason of the loss
<br />of the exemption of interest on the Bonds from federal
<br />income taxation, the Bonds shall be subject to redemption by
<br />the Issuer, in the manner provided in the Indenture, at a
<br />
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