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°mow► CM at a price of the principal amount of the bonds being redeemed, plus accrued interest to date of redemption on any interest paying date from proceeds of the bonds in excess of amounts needed to accomplish the refunding or from surplus water or sewer revenues; on and after August 1, 1986 from funds from any other source. Notice of the call for redemption shall be published one time in a newspaper of general circulation throughout the State of Arkansas published in the City of Little Rock, Arkansas, giving the number and maturity of each bond being called, with the publication to be at least fifteen (15) days prior to the redemption date, and after the date fixed for redemption, each bond so called shall cease to bear interest, provided funds for its payment are on deposit with the Paying Agent at that time.• In addition, notice shall be given by certified or registered mail to the registered owner of each bond registered as to principal at the address of such owner reflected on the bond registration book of the bond registrar, and if all outstanding bonds shall be registered as to principal, notice by certified or registered mail to the registered owners thereof as aforesaid shall be sufficient, and it shall not be necessary to publish notice of the call. This bond may be registered as to principal or as to principal and interest and may be discharged from such registration in the manner, with the effect and subject to the terms and conditions endorsed hereon. Subject to the provisions for registration endorsed hereon, nothing contained in this bond or in the Authorizing Ordinance shall affect or impair the negotiability of this bond, and this bond shall be deemed a negotiable instrument under the laws of the State of Arkansas. This bond is issued with the intent that the laws of the State will govern its construction.