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10 <br /> The County's full faith and credit are pledged for the payment of principal of <br /> and interest on this Bond. <br /> The Bonds are issued by means of a book'-entry system, with one bond <br /> certificate for each maturity immobilized at The Depository Trust Company, New <br /> York, New York ("DTC"), and not available for distribution to the public. Transfer of <br /> beneficial ownership interests in the Bonds in the principal amount of$5,000 or any <br /> integral multiple thereof will be effected on the records of DTC and its participants <br /> pursuant to rules and procedures established by DTC and its participants. Principal, <br /> premium, if any, and interest on the Bonds are payable by the County to DTC or its <br /> nominee as registered owner of the Bonds. The County is not responsible or liable for <br /> such transfer of ownership or payments or for maintaining, supervising or reviewing <br /> the records maintained by DTC, its participants or persons acting through such <br /> participants. <br /> Bonds maturing prior to February 1, 2012, are not subject to redemption prior <br /> to maturity. Bonds maturing on February 1, 2012, and thereafter are redeemable, at <br /> the County's option from any moneys that may be made available for such purpose, <br /> either in whole or in part, on or after February 1, 2011, at the principal amount of the <br /> Bonds to be redeemed,, together with interest accrued thereon to the date fixed for <br /> redemption, plus a premium of 1/2 of 1% of the principal amount of each Bond to be <br /> redeemed for each period of 12 months or part thereof between the redemption date <br /> and the maturity date of such Bonds, such premium not to exceed 2% of such <br /> principal amount. <br /> If less than all of the Bonds stated to mature on different dates are called for <br /> redemption, the Bonds,will be redeemed in the inverse order of their maturities. If less <br /> than all of the Bonds of any one maturity are called for redemption, the particular <br /> Bonds or portions of-Bonds of such maturity to be redeemed will be selected by lot in <br /> such manner as the County in its discretion may determine; provided, however, that <br /> the portion of each Bond to be redeemed will be in the principal amount of$5,000 or <br /> some integral multiple thereof, and that, in selecting Bonds for redemption, each Bond <br /> will be considered as representing that number of Bonds which is obtained by <br /> dividing the principal amount of such Bond by 1$5,000. Notwithstanding the <br /> foregoing, so long as a book-entry system with DTC is used for determining <br /> beneficial ownership of Bonds, if less than all of the Bonds within a maturity are to be <br /> redeemed, DTC and its participants will determine which of the Bonds within any <br /> such maturity are to be redeemed. If a portion of a Bond is called for redemption, a <br /> new Bond in principal amount equal to the unredeemed portion thereof will be issued <br /> to the registered owner upon the surrender thereof. <br /> The County will give notice of redemption by certified or registered mail to <br /> DTC or its nominee as the registered owner of the Bonds. The County will mail such <br /> notice not more than 60 days and not less than 30 days prior to -the date fixed for <br /> I I <br />