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<br />to the Act is made for a description of the pledges and covenants securing the
<br />Bonds, the nature, extent and manner of enforcement of such pledges, the
<br />rights and remedies of the bearers or registered owners of the Bonds with
<br />respect thereto and the terms and c.onditi.ons upon which the Bonds are issued
<br />and may be issued thereunder. To the extent and in the manner permitted by
<br />the terms of the Resolution, the pr.ovisi.ons of the Resolution or any
<br />resolution amendatory thereof or supplemental thereto, may be modified or
<br />amended by the Agency, with, or in certain cases without the written consent
<br />of the holders of at least two-thirds in principal am.ount of the Bonds then
<br />outstanding.
<br />
<br />This Bond is transferable, as provided in the Resolution, only upon the
<br />bond register kept for that purpose at the corp.orate trust office of. the
<br />Trustee by the registered owner here.of in pers.on, or by his attorney duly
<br />authorized in writing, upon the surrender .of this Bond t.ogether with a written
<br />instrument of transfer satisfact.ory to the Trustee duly executed by the
<br />registered owner .or his attorney duly authorized in writing, and thereupon a
<br />new fully registered Bond or Bonds, without c.oup.ons, and in the same aggregate
<br />principal amount and of the same maturity, shall be issued to the transferee
<br />in exchange theref.or as provided in the Resolution, and upon the payment of
<br />the charges, if any, including, after the first exchange, the c.ost of
<br />preparing new Bonds, therein prescribed.
<br />
<br />The B.onds are issuable in the f.orm of bearer Bonds in the denominati.on
<br />of $5,000, registrable as to principal, or in the form of fully registered
<br />B.onds without coup.ons in the denomination of $5,000 or any integral lßJ1tiple
<br />there.of, not exceeding the aggregate principal amount of Bonds maturing in the
<br />year .of maturity of the Bond for which the denomination of the Bond is so
<br />specified. Bearer B.onds, upon surrender thereof at the c.orporate trust office
<br />.of the Trustee, with all unmatured coupons attached, may, at the option of the
<br />holder there.of, be exchanged for an equal aggregate principal amount of fully
<br />registered Bonds of the same maturity of any of the auth.orized denominations,
<br />in the manner, subject to the c.onditions, and upon the payment of the charges,
<br />if any, including after the first exchange, the cost of preparing a new Bond,
<br />provided in the Resolution. In like manner, subject to such conditions and
<br />upon the payment of such charges, if any, including after the first exchange
<br />the cost of preparing a new Bond, fully registered Bonds, upon surrender
<br />thereof at the corporate trust office of the Trustee with a written instrument
<br />Of transfer satisfactory to the Trustee, duly executed by the registered .owner
<br />.or his attorney duly authorized in writing, may, at the option of the
<br />registered owner thereof, be exchanged for an equal aggregate principal amount
<br />of bearer Bonds, with appropriate coupons attached, or of fully registered
<br />Bonds without coupons of any .other authorized denominations, of the same
<br />maturity.
<br />
<br />The Bonds maturing on or after May 1, 1991, are subject to redemption,
<br />at the option of the Agency from any source of available funds and upon the
<br />giving of notice required by Resolution, on or after May 1, 1991, either in
<br />whole .on any date, or in part on any interest payment date, in the manner
<br />provided in the Resolution. In the event Bonds are to be redeemed in part the
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