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<br />the Registration Books on the 45th day prior to such redemption date and to major securities
<br />depositories, national bond rating agencies, and bond information services; provided, however, that
<br />the failure to send, mail or receive such notice, or any defect therein or in the sending or mailing
<br />thereof, shall not affect the validity or effectiveness of the proceedings for the redemption of any
<br />Bond, and the publication of notice as described above shall be the only notice actually required
<br />in connection with or as a prerequisite to the redemption of any Bonds. By the date fixed for any
<br />such redemption due provision shall be made by the City with the Paying AgentlRegistrar for the
<br />payment of the required redemption price for this Bond or the portion hereof which is to be so
<br />redeemed, plus accrued interest thereon to the date fIXed for redemption. If such notice of
<br />redemption is given, and if due provision for such payment is made, all as provided above, this
<br />Bond, or the portion thereof which is to be so redeemed, thereby automatically shall be redeemed
<br />prior to its scheduled maturity, and shall not bear interest after the date fIXed for its redemption,
<br />and shall not be regarded as being outstanding except for the right of the registered owner to
<br />receive the redemption price plus accrued interest to the date fIXed for redemption from the
<br />Paying AgentlRegistrar out of the funds provided for such payment. The Paying AgentlRegistrar
<br />shall record in the Registration Books all such redemptions of principal of this Bond or any portion
<br />hereof. If a portion of any Bond shall be redeemed a substitute Bond or Bonds having the same
<br />maturity date, bearing interest at the same rate, in any denomination or denominations in any
<br />integral multiple of $5,000, at the written request of the registered owner, and in aggregate
<br />principal amount equal to the unredeemed portion thereof, will be issued to the registered owner
<br />upon the surrender thereof for cancellation, at the expense of the City, all as provided in the
<br />Ordinanc~.
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<br />· AIL BONDS OF TInS SERIES are issuable solely as fully registered bonds, without
<br />interest coupons, in the denomination of any integral multiple of $5,000. As provided in the
<br />Ordinance, this Bond, or any unredeemed portion hereof, may, at the request of the registered
<br />owner or the assignee or assignees hereof, be assigned, transferred, and exchanged for a like
<br />aggregate principal amount of fully registered bonds, without interest coupons, payable to the
<br />appropriate registered owner, assignee, or assignees, as the case may be, having the same maturity
<br />date, and bearing interest at the same rate, in any denomination or denominations in any integral
<br />multiple of $5,000 as requested in writing by the appropriate registered owner, assignee, or
<br />assignees, as the case may be, upon surrender of this Bond to the Paying AgentlRegistrar for
<br />cancellation, all in accordance with the form and procedures set forth in the Ordinance. Among
<br />other requirements for such assignment and transfer, this Bond must be presented and surrendered
<br />to the Paying AgentlRegistrar, together with proper instruments of assignment, in form and with
<br />guarantee of ~ignatures satisfactory to the Paying AgentlRegistrar, evidencing assignment of this
<br />Bond or any portion or portions hereof in any integral multiple of $5,000 to the assignee or
<br />assignees in whose name or names this Bond or any such portion or portions hereof is or are to
<br />be transferred and registered. The form of Assignment printed or endorsed on this Bond may be
<br />executed by the registered owner to evidence the assignment hereof, but such method is not
<br />exclusive, and other instruments of assignment satisfactory to the Paying AgentlRegistrar may be
<br />used to evidence the assignment of this Bond or any portion or portions hereof from time to time
<br />by the registered owner. The City shall pay the Paying Agent/Registrar's reasonable standard or
<br />customary fees and charges for transferring, converting and exchanging any Bond or portion
<br />thereof; provided, however, that any taxes or governmental charges required to be paid with
<br />respect thereto shall be paid by the one requesting such transfer, conversion and exchange. In any
<br />circumstance, neither the City nor the Paying Agent/ Registrar shall be required (1) to make any
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