Laserfiche WebLink
<br />the Loan Agreement by the Corporation. In sueh event, the Bonds are subject to redemption on any <br />date for which proper notice of call can be given after the Determination of Taxability, at a <br />redemption price equal to the After Payment Termination Value plus accrued interest to the date <br />fixed for redemption. <br /> <br />In addition to the foregoing, if under certain circumstances, an Event of Default as defined <br />in the Loan Agreement shall occur, the principal of all Bonds and all interest accrued thereon shall, <br />without prior notice to the Bondholders, be declared due and payable. <br /> <br />Notice of the call for any such redemption, which shall identify the Bonds to be redeemed, <br />shall be given by the Lender by mailing a copy of the redemption notice by first-class mail not less <br />than thirty (30) days prior to the redemption date to the registered owner of each Bond to be <br />redeemed at the address shown on the registration books; provided, however, that failure to give such <br />notiee by mailing, or any defect therein shall not affect the validity of any proceedings for the <br />redemption of Bonds. <br /> <br />On or prior to the redemption date, funds shall be deposited with the Lender to pay on the <br />redemption date the Bonds or pOliions thereof thus called and aecrued interest thereon to the <br />redemption date. Upon the happening of the above conditions, the Bonds or portions thereof thus <br />called shall not bear interest after the redemption date and shall not be deemed to be outstanding <br />under the provisions of the Bond Resolution. <br /> <br />This Series 2006B Bonds has been issued without registration under state or federal or other <br />securities laws, pursuant to an exemption for such issuance; and accordingly the Series 2006B Bonds <br />may not be assigned or transferred in whole or part, nor may a participation interest in the Series <br />2006B Bonds be given pursuant to any participation agreement, except in accordance with an <br />applicable exemption from such registration requirements. <br /> <br />PROVISIONS AS TO REGISTRATION <br /> <br />The ownership of this Series 2006B Bond and the interest accruing thereon is registered on <br />the books of County of Cass, NOlih Dakota in the name of the holder last listed below. <br /> <br />Date of <br />Registration <br /> <br />Name and Address <br />Registered Owner <br /> <br />Signature of <br />Countv Auditor <br /> <br />* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * <br /> <br />B-4 <br />