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and after the Crossover Date, each Refunding Bond that remains outstand- ing shall bear interest at the Adjusted Rate applicable to such Refund- ing Bond, as determined pursuant to Section 6 hereof. (e) Maturities. Sub'Ject to the provisions hereinafter set forth for the redemption of the Refunding Bonds prior to their re- spective stated maturity dates (other than through the application of Mandatory Sinking Fund Installments), the Refunding Bonds shall mature on the Principal Retirement Dates and in accordance with the Principal Retirement Schedule, as specified in the Certificate of Award. (f) Redemption (Mandatory and Optional) Terms and Prices. The Refunding Bonds are non-callable for redemption prior to the Earliest Optional Redemption Date except as hereinafter provided in Subsection (h) of this Section 5. Refunding Bonds which are Ter~ Bonds are subject to mandatory redemption, through the application of Mandatory Sinking Fund Install- ments, as set forth in Subsection (g) of this Section, on each Mandatory Redemption Date at one hundred percent (100%) of the principal amount thereof plus accrued interest to such date, in the years and in the principal amounts set forth in the Principal Retirement Schedule. Unless previously redeemed pursuant to this Subsection (f) or Subsection (h) of this Section 5, Refunding Bonds maturing after the Earliest Optional Redemption Date are also subject to redemption, from funds other than those deposited as Mandatory Sinking Fund Installments pursuant to Subsection (g) hereof, by and at the option of the Issuer prior to their stated maturity, in whole on any date or in part on any Interest Payment Date, on and after the Earliest Optional Redemption Date at the Optional Redemption Prices plus in each case accrued in- terest to the date fixed for redemption. If less than all of the outstanding Refunding Bonds are to be called pursuant to optional redemption at one time, they shall be called in inverse order of the maturities of the Refunding Bonds outstanding; provided, however, that the Issuer may elect to select the Refunding Bonds to be redeemed pursuant to any optional redemption in any other manner, and if the issuer does so select and so informs the Trustee in writing signed by the Fiscal Officer at least forty-five days prior to the date fixed for such redemption, then the Trustee shall select the Refunding Bonds to be redeemed in the manner specified by the Issuer. If less than all of the outstanding Refunding Bonds of one maturity are to be called for redemption, whether optional or mandatory, the selec- tion of such Refunding Bonds, or portions thereof, of such maturity to be called shall be made by lot by the Trustee in such manner as the Trustee shall determine. If optional redemption at a redemption price exceeding 100 percent of the principal amount to be redeemed is to take place as of a Mandatory Redemption Date, the Refunding Bonds, or por- tions thereof, to be so redeemed shall be selected by lot prior to the selection by lot of the Refunding Bonds to be redeemed on the same date pursumnt to mandatory redemption provisions. -7-