| After your application
is accepted you will receive a notice of your right to cancel.
You will then have 30 days in which to change your mind.
To exercise your right to cancel you must return the cancellation
notice within the 30 day period to Countrywide Assured at the
address above. Your investment will then be refunded to you,
subject to a deduction for any income payment that has been
paid, and a deduction of the amount by which the market value
of your investment has fallen (if any). If you do not exercise
your right to cancel the bond will continue.
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