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<br />This Bond is transferable, but only upon registration books of the Issuer at the office of the <br />County Auditor, as Bond Registrar, by the registered holder hereof in person or by his attorney duly <br />authorized in writing, upon the sUlTender ofthis Bond, together with a written instrument of transfer <br />satisfactory to the Bond Registrar duly executed by the registered owner or his attorney duly <br />authorized in writing and thereupon, Bond or Bonds, in registered form, in the same aggregate <br />principal amount, maturity and interest rate shall be issued to the transferee in exchange therefor. <br /> <br />The registration, registration oftransfer, and exchange of this Bond is subject to a charge by <br />the Bond Registrar sufficient to cover any goverIUl1ental tax or fee in connection therewith. No <br />registration. registration of transfer, or exchange shall be made by the Bond Registrar during the <br />period beginning on the fifteenth (15th) day of the month next preceding an Interest Payment Date <br />and ending on such Interest Payment Date, during the period of ten (10) days preceding the giving <br />of notice of redemption or after this Bond shall be called for redemption in whole or in part. <br /> <br />The Bonds are subject to prepayment and redemption as follo\\'s: <br /> <br />Optional Redemption. The Bonds shall be subject to redemption and prepayment prior to <br />maturity, in whole but not in part, on October 24, 2008, and any Payment Date thereafter, at the <br />option of the Corporation, at the redemption price equal to the payment then due plus the After <br />Payment Termination Value set fOlih on the amortization schedule attached hereto together with <br />accrued interest to the date fixed for redemption. <br /> <br />Special Redemption. The Bonds are also subject to redemption at a redemption price equal <br />to the payment then due plus the After Payment Termination Value plus accrued interest, in whole <br />but not in part. on any Payment Date for which proper notice can be given upon celiain events of <br />damage to. or condemnation of the Facility or any pOliion thereof. <br /> <br />Upon the occurrence of a Determination of Taxability (as defined in the Loan Agreement) <br />the Issuer shall redeem all outstanding Bonds with funds derived from a mandatory prepayment of <br />the Loan Agreement by the Corporation. In such 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 of 100% of the principal amount hereof being redeemed plus accrued interest to <br />the date 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, \'v'hich shall identify the Bonds to be redeemed. <br />shall be given by the Bond Registrar by mailing a copy of the redemption notice by first-class mail <br />not less than thitiy (30) days prior to the redemption date to the registered o\vner of each Bond to be <br />redeemed at the address shown on the registration books; provided. however, that failure to give such <br /> <br />A-3 <br />