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this Bond is authenticated and registered as of an interest payment <br />date, in which event it shall hear interest from such interest <br />payment date, o~ unless this Bond is authenticated and registered <br />prior to March 2, 1988, in which event it shall hear interest from <br />its date, until payment of such principal sum shall have been <br />discharged, at the rate per annum stated above, payable semiannually <br />on March ~ and September ~ in each year commencing on March 2, 1988. <br />Both the principal hereof and redemption premium hereon are payable <br />at the principal corporate trust office of Bank of America National <br />Trust and Savings Association-Corporate Agency Division, or its <br />successor, as Transfer Agent, Registrar and Paying A~ent, in San <br />Francisco, California, and the interest hereon is payable by check <br />or draft mailed to the owner hereof at the owner's address as it <br />appears on the reEistration books of the Bank, or at such address as <br />may have been filed with the Bank for that purpose, as of the <br />fifteenth day immediately preceding each interest payment date. <br /> <br /> REFERENCE IS MADE TO THE FURTHER PROVISIONS OF THIS BOND <br />SET FORTH IN THE REVERSE SIDE HEREOF WHICH SHALL FOR ALL PURPOSES <br />HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH HEREIN. <br /> <br /> This Bond will continue to bear interest after maturity at <br />the rate above stated, provided, it is presented at maturity and <br />payment thereof is refused upon the sole Eround that there are not <br />sufficient moneys in said redemption fund with which to pay same. <br />If it is not presented at maturity, interest thereon will run until <br />maturity. <br /> <br />This Bond shall not be entitled to any benefit under the <br />Act or the Resolution Authorizing Issuance of Bonds (the "Resolution <br /> <br /> <br />