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<br />e <br /> <br />e <br /> <br />books and records relating to the Bonds, to the new Paying AgentlRegistrar designated and <br />appointed by the City. Upon any change in the Paying AgentlRegistrar, the City promptly will <br />cause a written notice thereof to be sent by the new Paying AgentlRegistrar to each registered <br />owner of the Bonds, by United States Mail, postage prepaid, which notice also shall give the <br />address of the new Paying Agent/Registrar. By accepting the position and performing as such, <br />each Paying Agent/Registrar shall be deemed to have agreed to the provisions of this Ordinance, <br />and a certified copy of this Ordinance shall be delivered to each Paying Agent/Registrar. <br /> <br />SECIlON 5. FoRMS. The form of the Bonds, including the form of Paying Agent/Registrar's <br />Certificate, the form of Assignment, and the form of the Comptroller's Registration Certificate to <br />accompany the Bonds on the initial delivery thereof, shall be, respectively, substantially as follows, <br />with such appropriate variations, omissions, or insertions as are permitted or required by this <br />Ordinance: <br /> <br />FORM OF BONDS: <br /> <br />NO. <br /> <br />$ <br /> <br />United States of America <br />State of Texas <br /> <br />CITY OF LA PORTE, TEXAS, <br />WATERWORKS AND SEWER SYSTEM <br />REVENUE BOND, SERIES 1990 <br /> <br />MATURITY DATE <br /> <br />INTEREST RATE ORIGINAL ISSUE DATE <br />% September 15, 1990 <br /> <br />CUSIP <br /> <br />ON 11IE MATURrIY DATE, SPECIFIED ABOVE, 11IE CITY OF lA PORTE, <br />TEXAS (the "City"), hereby promises to pay to , or the registered assignee <br />hereof (either being hereinafter called the "registered owner") the principal amount of <br /> <br />and to pay interest thereon, from the original issue date of this Bond, specified above, to the date <br />of its scheduled maturity or the date of its redemption prior to scheduled maturity, at the rate of <br />interest per annum, specified above, with said interest being payable on March 15, 1991, and <br />semiannually on each September 15 and March 15 thereafter. <br /> <br />11IE TERMS AND PROVISIONS of this Bond are continued on the reverse side hereof <br />and shall for all purposes have the same effect as though fully set forth at this place. <br /> <br />11IE PRINCIPAL OF AND INTEREST ON this Bond are payable in lawful money of the <br />United States of America, without exchange or collection charges. The principal of this Bond shall <br />be paid to the registered owner hereof upon presentation and surrender of this Bond at maturity <br />or upon the date fixed for its redemption prior to maturity, at the principal corporate trust office <br />of FIRST eI7Y, TEXAS - HOUSTON, N.A., HOUSTON, TEXAS, which is the "Paying Agent/Reg- <br />istrar" for this Bond. The payment of interest on this Bond shall be made by the Paying <br /> <br />6 <br />