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7 - <br />date, in which case, from such interest payment date, or unless such date of registration is within <br />the period from the sixteenth (16th) day to the last day of the calendar month next preceding the <br />following interest payment date, in which case from such following interest payment date, such <br />interest to be paid until the maturity or redemption hereof at the Interest Rate (specified above) <br />per annum, by check mailed by the Paying Agent hereinafter mentioned to the holder hereof in <br />whose name this bond is registered upon the Bond Register as of the close of business on the <br />fifteenth (15th) day (whether or not a business day) next preceding each interest payment date <br />at his address as it appears on the Bond Register hereinafter mentioned. The principal of and <br />premium, if any, on this bond are payable on presentation and surrender hereof at the <br />office of , the Registrar and Paying Agent, in , or at the office of its successors <br />from time to time appointed by the County. Principal of, and premium, if any, and interest on <br />this bond are payable in any coin or currency of the United States of America which, on the <br />respective dates of payment thereof, shall be legal tender for public and private debts. <br />This bond is one of a series of bonds entitled "General Obligation Water Bonds, <br />Series 2. The bonds of the series of bonds of which this bond is one maturing , <br />and thereafter are subject to redemption at the option of the County prior to the respective <br />stated maturities thereof, on and after , in whole and in part at any time and in <br />any order of maturity selected by the County, at the principal amount thereof, the interest <br />accrued thereon to the date fixed for redemption and the following redemption premiums <br />expressed as a percentage of the principal amount redeemed: [Redemption Provisions]. If less <br />than all of the bonds of any maturity are called for redemption, the bonds of such maturity to <br />be redeemed shall be selected by lot. <br />18W33.1 018996 ORO <br />