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If this Bond is redeemable and this Bond (or any portion <br />of the principal amount hereof in installments of $5,000) shall <br />be called for redemption, notice of the redemption hereof, <br />specifying the date, number and maturity of this Bond, the date <br />and place or places fixed for its redemption, the premium, if <br />any, payable upon such redemption, and if less than the entire <br />principal amount of this Bond is to be redeemed, that this Bond <br />must be surrendered in exchange for the principal amount hereof <br />to be redeemed and a new Bond or Bonds issued equaling in <br />principal amount than portion of the principal amount hereof <br />not to be redeemed, shall be mailed not less than thirty (30) <br />days prior to the date fixed for redemption by first class <br />mail, postage prepaid, to the Registered Owner hereof at his <br />address as it appears on the books of registry kept by the <br />Registrar as of the close of business on the forty-fifth (45th) <br />day next preceding the date fixed for redemption. If notice of <br />the redemption of this Bond shall have been given as aforesaid, <br />and payment of the principal amount of this Bond (or the <br />portion of the principal amount hereof to be redeemed) and of <br />the accrued interest and premium, if any, payable upon such <br />redemption shall have been duly made or provided for, interest <br />hereon shall cease to accrue from and after the date so <br />specified for the redemption hereof. <br /> <br /> Subject to the limitations and upon payment of the <br />charges, if any, provided in the proceedings authorizing the <br />Bonds of the issue of which this Bond is one, this Bond may be <br />exchanged at the office of the Registrar for a like aggregate <br />principal amount of Bonds of other authorized principal amounts <br />and of the same issue, interest rate and maturity. This Bond <br />is transferable by the Registered Owner hereof, in person or by <br />his attorney duly authorized in writing, on the books of <br />registry kept by the Registrar for such purpose at the <br />principal office of the Registrar but only in the manner, <br />subject to the limitations and upon payment of the charges, if <br />any, provided in the proceedings authorizing the Bonds of the <br />issue of which this Bond is one, and upon the surrender hereof <br />for cancellation. Upon such transfer a new Bond or Bonds of <br />authorized denominations and of the same aggregate principal <br />amount, interest rate and maturity as the Bond surrendered, <br />will be issued to the transferee in exchange herefor. <br /> <br /> This Bond shall not be valid or obligatory unless the <br />certificate of authentication hereon shall have been manually <br />signed by or on behalf of the Registrar. <br /> <br /> The full faith and credit of the City is hereby <br />irrevocably pledged to the punctual payment of the principal of <br />and premium, if any, and interest on this Bond as the same <br />become due. In each year while this Bond is outstanding and <br /> <br /> <br />