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<br />. . <br /> <br />e <br /> <br />e <br /> <br />the registered owner upon the surrender thereof for cancellation, <br />at the expense of the City, all as provided in the Ordinance. <br /> <br />*ALL BONDS OF THIS SERIES are issuable solely as fully <br />registered bonds, without interest coupons, in the denomination <br />of any integral multiple of $5,000. As provided in the <br />Ordinance, this Bond, or any unredeemed portion hereof, may, at <br />the request of the registered owner or the assignee or assignees <br />hereof, be assigned, transferred, and exchanged for a like <br />aggregate principal amount of fully registered bonds, without <br />interest coupons, payable to the appropriate registered owner, <br />assignee, or assignees, as the case may be, having the same <br />maturity date, and bearing interest at the same rate, in any <br />denomination or denominations in any integral multiple of $5,000 <br />as requested in writing by the appropriate registered owner, <br />assignee, or assignees, as the case may be, upon surrender of <br />this Bond to the Paying Agent/Registrar for cancellation, all in <br />accordance with the form and procedures set forth in the <br />Ordinance. Among other requirements for such assignment and <br />transfer, this Bond must be presented and surrendered to the <br />paying Agent/Registrar, together with proper instruments of <br />assignment, in form and with guarantee of signatures satisfactory <br />to the Paying Agent/Registrar, evidencing assignment of this Bond <br />or any portion or portions hereof in any integral multiple of <br />$5,000 to the assignee or assignees in whose name or names this <br />Bond or any such portion or portions hereof is or are to be <br />transferred and registered. The form of Assignment printed or <br />endorsed on this Bond may be executed by the registered owner to <br />evidence the assignment hereof, but such method is not exclusive, <br />and other instruments of assignment satisfactory to the Paying <br />Agent/Registrar may be used to evidence the assignment of this <br />Bond or any portion or portions hereof from time to time by the <br />registered owner. The Ci ty shall pay the Paying <br />Agent/Registrar's reasonable standard or customary fees and <br />charges for transferring, converting and exchanging any Bond or <br />portion thereof; provided, however, that any taxes or <br />governmental charges required to be paid with respect thereto <br />shall be paid by the one requesting such transfer, conversion and <br />exchange. In any circumstance, neither the City nor the Paying <br />Agent/ Registrar shall be required (1) to make any transfer or <br />exchange during a period beginning at the opening of business 15 <br />days before the day of the first mailing of a notice of <br />redemption of bonds and ending at the close of business on the <br />day of such mailing, or (2) to transfer or exchange any Bonds so <br />selected for redemption when such redemption is scheduled to <br />occur within 30 calendar days; provided, however, such limitation <br />shall not be applicable to an exchange by the registered owner of <br />the uncalled principal balance of a Bond. <br /> <br />*IN THE EVENT any Paying Agent/Registrar for the Bonds is <br />changed by the City, resigns, or otherwise ceases to act as such, <br />the city has covenanted in the Ordinance that it promptly will <br />appoint a competent and legally qualified substitute therefor, <br /> <br />11 <br />