Authorizing $1,550.000 Economic Development Technologies Corp Project

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Section 5 of the Mortgage. In any such event, the principal installments of the Bond shall be subject to redemption prior to maturity on any date within ten (10) days of the receipt by the Bank of such completion certificate or of the completion of such repair, rebuilding, restoration or acquisition, in part in the inverse order of maturity of the principal installments thereof, at a redemption price of 100% of the principal installments thereof being redeemed and accrued interest to the date fixed for redemption, together with any amounts due and owing under Section 7.7 of the Agreement. The principal installments of the Bond shall be further subject to redemption prior to maturity by the Issuer at the option of the owner of the Bond on December 1, 1994, upon at least sixty (60) days' written notice from the owner of the Bond to the Issuer and the Company of its election to cause the principal installments of the Bond to be so redeemed. As a result of such event, the principal installments of the Bond shall be subject to redemption prior to maturity from funds derived from the prepayment of the principal installments of the Note by the Company pursuant to Section 7.5 of the Agreement, as a whole, and not in part, on the aforesaid date, at a redemption price of 100% of the principal amount thereof being redeemed plus accrued interest to the date fixed for redemption, together with any amounts due and owing under Section 7.7 of the Agreement. Upon receipt by the Issuer and the Bank of at least five (5) days' prior written notice from the Company specifying a date for the prior redemption of the principal installments of the Bond (or a portion thereof), the Bank shall, to the extent that amounts are or become available therefor, apply such amounts on behalf of the Issuer to the redemption of the principal installments of the Bond (or a portion thereof) in accordance with the preceding paragraphs. The principal installments of the Bond (or a portion thereof), if designated for prior redemption, will cease to bear interest on the specified redemption date, provided sufficient funds for their redemption are paid to the Bank on behalf of the Issuer at the principal office of the Bark on such date. The Bond shall be prepared in typewritten form. The Mayor of the Issuer is hereby authorized, empowered and directed to execute the Bond by his manual or facsimile signature, and the City Clerk of the Issuer is hereby authorized, empowered and directed to attest the Bond by her manual signature, and the official seal of the Issuer shall be affixed thereto, and the Mayor and the City Clerk of the Issuer shall cause the Bond, as so executed and attested, to be delivered to the Bank. In case any official whose signature shall appear on