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M '%W Prior to December 1, 1978 the Series B Bonds shall be subject to redemption prior to maturity from the proceeds of condemnation of all or substantially all of the Project or from the Lessee exercising an option to purchase pursuant to the provisions specified in Section 1902 A of the Lease and Agreement, in whole but not in part, on any interest payment date, at a price of the principal amount being redeemed plus accrued interest to the redemp- tion date and plus a premium of 3% of the principal amount being redeemed. On and after December 1, 1978„the Series B Bonds shall be subject to redemption prior to maturity, at the option of the City, from funds from any source, in whole or in part, in inverse numerical order, on any interest payment date, at a price of the principal amount being redeemed plus accrued interest to the redemption date and plus a premium of 40/, of the principal amount being redeemed. Notice of the call for redemption shall be published one time in a news- paper published in the City of Little Rock, Arkansas and having a general circulation throughout the State of Arkansas, which publication shall be not less than fifteen (15) days before the date of redemption. In addition, notice of redemption shall be mailed by registered or certified mail to the registered owner of any bond registered as to principal addressed to such registered owner at his registered address and placed in the mails not less than fifteen (15) days prior to the date fixed for redemption. In the event that all of the bonds are registered as to principal, notice in writing by registered or certified mail to the owner or owners thereof not less than fifteen (15) days prior to the date fixed for redemption shall be sufficient, and published notice of the call for redemption need not be given. Each notice shall specify the numbers and the maturities of the bonds being called and the date on which they shall be presented for payment. After the date specified in such call, the bond or bonds so called will cease to bear interest provided funds for their payment are on deposit with the Paying Agent at that time, and except for the purpose of payment, shall no longer be protected by the Indenture and shall not be deemed to be outstanding under the provisions of the Indenture.