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a 1 <br /> y 1 <br /> The Bonds maturing on March l, are subject to mandatory redemption at par and <br /> accrued interest to the date tixed for redemption without premium on March 1 of each of the <br /> years to , inclusive, such Bonds to be selected by the Bond ReQistrar as provided in <br /> the Ordinance and in the amounts set forth in the Ordinance.l <br /> Unless waived by the registered owner, official notice of any such redemption shall be <br /> given by the Bond Registrar on behalf of the City by mailing the redemption notice by registered <br /> or certified mail not less than 30 days and not more than 60 days prior to the date fixed for <br /> redemption to each registered owner of the Bond or Bonds to be redeemed at the address shown <br /> on the Bond Register or at such other address as is fumished in writing by such registered owner <br /> to the Bond Registrar. Official notice of redemption having been given as aforesaid, the Bonds <br /> or portions of Bonds so to be redeemed shall, on the redemption date,become due and payable at <br /> the redemption price therein specified, and from and after such date (unless the City shall default <br /> in the payment of the redemption price), such Bonds or portions of Bonds shall cease to bear <br /> interest. Neither the failure to mail such redemption notice, nor any defect in any notice so <br /> mailed, to any particulaz registered owner of a Bond, shall affect the sufficiency of such notice <br /> with respect to other registered owners.Notice having been properly given,failure of a registered <br /> owner of a Bond to receive such notice shall not be deemed to invalidate,limit or delay the effect <br /> of the notice or redemption action described in the notice. Such notice may be waived in writing <br /> by a registered owner of a Bond entitled to receive such notice. Upon surrender of such Bonds '�, <br /> for redemption in accordance with said notice, such Bonds shall be paid by the Paying Agent at I' <br /> the redemption price. The procedure for the payment of interest due as part of the redemption <br /> price shall be as herein provided for payment of interest otherwise due. Upon surrender for any <br /> partial redemption of any Bond, there shall be prepared for the registered owner a new Bond or <br /> Bonds of like tenor, of authorized denominations, of the same maturity, and bearing the same <br /> rate of interest in the amount of the unpaid principal. <br /> -20- ' <br />