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~ Any prepayment in the event of damage, destruction or condemnation shall (i) take place on the earliest date for which the requisite notice of prepayment can be given; (ii) be in an amount equal to the Net Proceeds realized by the County from any insurance or from a condemnation award paid in respect of such damage, destruction or condemnation of the County's share of the Project, but rounded down to the nearest inte~ral multiple of $5.000; and (iii) be at a prepayment price equal to 100% of the principal components to be prepaid plus accrued and unpaid interest thereon to the date fixed for prepayment. In the case of any prepayment in part in the event of damage, destruction or condemnation, the County shall have the right to select the maturities of the 1998 Certificates to be so prepaid and the principal amount to be prepaid within each such maturity selected by the County. See Appendix A: "Summary Of Certau- Provisions Of The Financing And Trust Agreement." Prepayment from Surplus Proceeds. Upon receipt by the Trustee of a Completion Certificate from the County, any moneys remaining on deposit in the Project Fund (less any amount which the County instructs the Trustee to retain in the Project Fund for the purpose of paying any portion of the County's Share to be paid at a later time) aze required by the Agreement to be transferred to the 1998 Debt Service Account of the Certificate Payment Fund to be applied as follows: (1) first, an amount equal to the aggregate amount to be so transferred to the 1998 Debt Service Account, but rounded down to the nearest integral multiple of $5,000, shall be applied to the prepayment of the principal components of the 1998 Certificates, and (2) the balance (if any) shall be applied as a credit against the Financing Payments next coming due. The Agreement provides that the principal components evidenced by the 1998 Certificates are subject to prepayment ~ prior to their stated due dates, in whole or in part, from moneys transferred pursuant to the Agreement from the Project Fund to the 1998 Debt Service Account of the Certificate Payment Fund, any such prepayment to take place on the next Interest Payment Date for which the requisite notice of prepayment can be given and to be at a prepayment price equal to the amount of the principal components to be so prepaid plus accrued and unpaid interest thereon to the date fixed for prepayment. In the case of any prepayment in part pursuant to the Agreement, the County shall have the right to select the maturities of the 1998 Certificates to be so prepaid and the principal amount to be prepaid within each such maturiry selected by the Counry. Notice of Call for Prepayment Notice of the call for prepayment of any 1998 Certificates, which shall identify the 1998 Certificates to be prepaid, shall be given by the Trustee in the name and on behalf of the County not less than 30 nor more than 45 days prior to the date fixed for the prepayment by mailing such notice, postage prepaid, to the Owners of the 1998 Certificates to be prepaid at the addresses of such Owners as shown on the registration books maintained by the Trustee as of the date of mailing of such notice. A copy of any notice of prepayment shall be sent by the Trustee to the County, S&P (if then rating the Certificates being prepaid), Moody's (if then rating the Certificates being prepaid) and the Insurer. Notwithstanding the foregoing, so long as the Book Entry System is maintained in effect with respect to the 1998 Certificates, notice of prepayment of the 1998 Certificates shall be given at the time, to the entiry and in the manner required by DTC, and the Trustee shall not be required to give any other notice of prepayment otherwise required herein. In addition to notice of prepayment as provided above, the Trustee shall also give notice of any prepayment of 1998 ~ Certificates by fvst-class mail, postage prepaid, confirmed facsimile transmission, or overnight delivery service, to certain securities depositories and information services, as described in the Agreement. 14