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41 <br /> security,the rights, duties and obligations of the County and the Trustee, the rights of <br /> the Owners of the Bond and the terms upon which the Bond is executed, delivered <br /> and secured, to all of which provisions the owner of this Bond, by the acceptance of <br /> this Bond, agrees. <br /> This Bond may not be redeemed prior to maturity except as provided in this <br /> Bond and in the Trust Agreement. <br /> The County may redeem this Bond in whole or in part on any April 1 or October <br /> 1, provided that (a) the redemption amount must be at least $500,000 and not more <br /> than $1,000,000, (b) the County may make only one partial redemption in any <br /> calendar year, and (c) the source of funds for redemption may not be proceeds of any <br /> obligations issued to refinance this Bond. If the County redeems a portion of this <br /> Bond, the County will prepare, and the Trustee will deliver, a new bond in principal <br /> amount equal to the unpaid portion to the registered owner upon the surrender of <br /> the Bond. <br /> In addition, the County may redeem this Bond in whole, but not in part, on any <br /> date on or after October 1, 2030, by paying all interest accrued and unpaid to the <br /> redemption date and all the unpaid principal. <br /> No premium or penalty is payable for a redemption made as described above. <br /> The Trustee will send redemption notice to the Bondholder, at its address as it <br /> appears on the Trustee's Bond Register (as defined in the Trust Agreement),not more <br /> than 60 nor less than 30 days prior to the redemption date. <br /> If on or before the date fixed for redemption funds have been deposited with <br /> the Trustee to pay the principal and interest accrued to the redemption date with <br /> respect to the Bond called for redemption, the Bond or portion called for redemption <br /> will cease to accrue interest from and after the redemption date, will no longer be <br /> entitled to the benefits provided by the Trust Agreement, and will not be deemed to <br /> be Outstanding under the Trust Agreement. <br /> The Owner of this Bond has no right to enforce the provisions of the Trust <br /> Agreement or to institute action to enforce the covenants therein, or to take any <br /> action with respect to any event of default thereunder, or to institute, appear in or <br /> 20 <br />