1. MIDA Bond-Bethany on 42nd - Laserfiche WebLink

(c) In the event Bond proceeds remain in the Project Fund after the Completion Date to the extent provided in Section 3.04 of the Loan Agreement, such moneys shall be applied to redeem in part Outstanding Series 2008 Bonds at a redemption price equal to one hundred percent (100%) of the principal amount to be redeemed plus accrued interest. SECTION 2.11. REGISTRATION AND TRANSFER OF BONDS: PERSONS TREATED AS OWNERS. The Issuer shall cause books for the registration and for the transfer of the Bonds as provided in this Indenture to be kept by the Trustee which is hereby constituted and appointed the Bond Registrar of the Issuer. Upon surrender for transfer of a Bond at the principal corporate trust office ofthe Trustee, duly endorsed for transfer or accompanied by an assignment duly executed by the registered owner or his attorney duly authorized in writing, the Issuer shall execute and the Trustee shall authenticate and deliver in the name of the transferee or transferees a new fully registered Bond without coupons ofthe same series, the same outstanding maturities and the same interest rate, in the denomination of the outstanding principal amount thereof, dated as of the last Interest Payment Date preceding the date of authentication to which interest on the Bonds has been paid or made available for payment. The Trustee shall not be required to transfer a Bond during the period beginning on the Record Date of such Bond and ending on such Interest Payment Date, nor to transfer any Bond after the mailing of notice calling such Bond or proration thereof for redemption has been given as herein provided, nor during the period of ten (10) days next preceding the giving of such notice of redemption. As to a Bond, the person in whose name the same shall be registered shall be deemed and regarded as the absolute owner thereof for all purposes, and payment of or on account of the principal of such Bond or interest on such Bond shall be made only to or upon the written order of the registered owner thereof or his legal representative. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid. In each case, the Trustee may require the payment by the Bondholder requesting transfer of any tax or other governmental charge required to be paid with respect to such transfer, but otherwise no charge shall be made to the Bondholder for such transfer. SECTION 2.12. NOTICE OF CALL FOR REDEMPTION. Notice ofthe call for any redemption, shall identify the Bonds to be redeemed, shall be given by the Trustee by mailing by the Trustee, a copy of the redemption notice by first-class mail not less than thirty (30) days nor more than sixty (60) days prior to the redemption date to the registered owner of each Bond to be redeemed at the address shown on the registration books; which notice shall specify (i) the place where the Bond must be delivered for redemption, (ii) the redemption date, and (iii) that from and after the redemption date interest on the Bond shall cease to accrue; provided, however, that failure to give such notice by mailing, or any defect therein shall not affect the validity of any proceedings for the redemption of Bonds. 2-7