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22"5 <br /> multiple thereof and that, in selecting bonds for redemption, the <br /> Bond Registrar shall treat each bond as representing that number <br /> of bonds which is obtained by dividing the principal amount of <br /> such bond by $500. If less than all of the bonds stated to <br /> mature on different dates shall be called for redemption, the <br /> particular bonds or portions thereof to be redeemed shall be <br /> called in the inverse order of their maturities. <br /> Not more than sixty (60) nor less than thirty (30) days <br /> before the redemption date of any bonds to be redeemed, whether <br /> such redemption be in whole or in part, the Issuer shall cause a <br /> notice of such redemption to be filed with the Bond Registrar and <br /> to be mailed, postage prepaid, to the registered owner of each <br /> bond to be redeemed in whole or in part at his address appearing <br /> upon the registration books of the Issuer. Each such notice <br /> shall set forth the date designated for redemption, the <br /> redemption price to be paid, the maturities of the bonds to be <br /> redeemed and, if less than all of the bonds of any one maturity <br /> then outstanding shall be called for redemption, the distinctive <br /> numbers and letters, if any, of such bonds to be redeemed and, in <br /> the case of any bond to be redeemed in part only, the portion of <br /> the principal amount thereof to be redeemed. If any bond is to be <br /> - redeemed in part only, the notice of redemption shall state also <br /> that on or after the redemption date, upon surrender of such <br /> bond, a new bond or bonds in principal amount equal to the <br /> unredeemed portion of such bond will be issued. <br /> The preceding provisions of this Section shall not <br /> apply to bonds awarded to the FmHA. If the FmHA is the purchaser <br /> of the bonds there will be issued a single registered bond as <br /> hereinafter provided, which bond may be redeemed, at the option <br /> of the Issuer, at any time prior to the maturity of any <br /> installment of the principal thereof, either in whole or in part <br /> in the inverse order of the maturity dates of the installments of <br /> --5- <br /> BROWN&WOOD.ONE WORLD TRADE CENTER.NEW YORK.N.V.1 OD4B <br />