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red~ameid ,pripr .to June l, .1973, si! ~auc~ redempti+oa .is ~ivr ibe ~parpo,c,
= or in • anticipadon, ~ a~ =refu~diag ~ such i baod ~ ot the ~t~ath ~Srios ~thioush
~ tho ~iae, directiy~ or in~C+ecdy,w~.ftmde buaoaed:b~ the~t3ompany~ at an~ e~Be~
.dv~e~iab~t~cx~et t,~.the~.Camp~ny:~~laoed:in aooactian~ ~ ~oapp~bie
~finaeaal~}xaaticos) .a~:less th~n:6.9096:per amum.
~(II) ~Bonds of the Twentie#h'Series shaII also~ be r~emable in whole at
any~time, or in patt from time to time, prior.to maturity, upon'Iike noticx, by
~the -applicgtion '(either at the option of the ~ompany or .piusuant to the
reqnii~emeats of ~he 1Glortg~e) a~ cash .deHverod m o~-depoeitdi 'with tLa
"Corporate Tn~stee pursuant to the-provisions of Sectidn 39 or.Section 64 of
'ffie IKortgage or with Proceeds af Released Property, at tLe followi~g spocaal
reHemption prices, expressad in peroentages . o~ tha ptinaipal . amount of the
'bon+ds'to be netl~otl: .
SPBC~r, jRsuB~rr~orr :P~tic,~s -
i If redeeanod dming 12 months p~ioli e,ndit~g'Maq 31,
~
~ 1969........ 10?..2596 1979........101.9296 1989........ ~1Q1.2796
~ 1970........ 102.239~i ~1980........ 101.8896 •1990........ ~102.1896
~ 19~1........ 102.2196 1981........ 101.8396 1991........ 101;0846
. 1972.......: 102.1896 1982........ 101.7796 1992........ 100.9896
1973........ 102.15% s1983........ ~2Q1.?l~ ~1993........ 100.8796
1974.. 102.1296 1984........ 101.65 96 1994........ .100.75 96
1975........ 102.08R6 '1985........101:594b 1995........ 'IU0:6296
:29'16........102:039~ 1986.........101~'l'96 I~........100.a8-9b
-2977._......10?.~OI96 ~1987........lOls44.96 ~9A~I........100~8?96
-1978........101.~796 2988........1O1.~H96 1~t9'B........100.0U%
in.eacL cu~e, togetberwith ~oarued?mterest?tio~the data.~oe~:fAr roden~pt~on.
~(III) At the optian of the registered m~vner, any bonds of the T~ventieth
Seriea,-upon aurr~ntler thereof,~ivr cancellativA, at the Dffice or ageacq ~bf'the
Company-in the Borongh of Manhaitan, The C~ty of New YoiY; together with
a writben instrument ~of transter wheiever required hY"~ ~~P~Y ~~Y
~ exeeutod ° by the registered awner ~ or by his ~ddly authvri~N 8tiurney, a~all
~ (subjoct to the provisiona of Soction 12 of the Mortgage) be ea~changeabk
for a Hbe a8B~8~ P~~P~ amount of ' bonda of tbe . same ~eries a~ other
authar~,ed de~nominations. ~
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