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<br />announced by The Indiana National Bank from time to <br />time ("prime rate") prior to maturity and one hundred <br />ten percent (110%) of said prime rate after maturity <br />or an event of default. Interest shall be computed on <br />the basis of a three hundred sixty (360) day year and <br />shall change from time to time effective with the <br />change in the prime rate. Interest shall be due and <br />payable on September 30, 1981 and quarterly thereafter <br />on December 31, March 31, June 30 and September 30 of <br />each year until said principal sum is paid, (except in <br />the event interest on this Series 1~81 Bond becomes <br />taxable as provided in Section 2.06 of the Indenture, <br />in which case the interest shall be payable at a rate <br />of interest equal to 110% of the prime rate ["Taxable <br />Rate"] from the date of the Determination of <br />Taxability). principal of this Series 1981 Bond is <br />payable as set forth below: <br /> <br />Payment Dates Payment Amounts <br />6/30/82 $25,000 <br />9/30/82 through <br />6/30/83 $12,500 (quarterly) <br />9/30/83 through <br />6/30/84 $22,500 (quarterly) <br />9/30/84 through <br />6/30/85 $31,250 (quarterly) <br />9/30/85 through <br />6/30/86 $40,000 (quarterly) <br />9/30/86 through <br />6/30/87 $47,500 (quarterly) <br />9/30/87 through <br />6/30/88 $50,000 (quarterly) <br />9/30/88 through <br />6/30/95 $20,500 (quarterly) <br />9/30/95 through <br />6/30/96 $21,500 (quarterly) <br /> <br />except as the provisions hereinafter set forth with <br />respect to redemption prior to maturity may become <br />applicable hereto, principal of this Series 1981 Bond <br />being payable in lawful money of the United States of <br />America and in immediately available funds at the <br />principal office of The Indiana National Bank, <br />Indianapolis, Indiana, as Trust~e, or its successor in <br />