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If this Bond (or any portion of the principal amount <br />hereof in installments of $5,000.00) shall be called for <br />redemption, notice of the redemption hereof, specifying the <br />date, number and maturity of this Bond, the date and place or <br />places fixed for its redemption, the premium, if any, payable <br />upon such redemption, and if less than the entire principal <br />amount of this Bond is to be redeemed, that this Bond must be <br />surrendered in exchange for the principal amount hereof to be <br />redeemed and the issuance of a new Bond or Bonds equaling in <br />principal amount that 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 of this Bond at <br />his 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 (or the portion thereof in <br />installments of $5,000.00) 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 />on this Bond 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 series 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 series of which this Bond is one. This Bond is <br />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 office <br />of the Registrar but only in the manner, subject to the <br />limitations and upon payment of the charges, if any, provided <br />in the proceedings authorizing the Bonds of the series of which <br />this Bond is one, and upon the surrender hereof for <br />cancellation. Upon such transfer a new Bond or Bonds of <br />authorized denominations and of the same aggregate principal <br />amount, series, interest rate and maturity as the Bond <br />surrendered, will be issued to the transferee in exchange <br />herefor. <br /> <br /> The full faith and credit of the City are hereby <br />irrevocably pledged to the punctual payment of the principal of <br />and interest on this Bond as the same respectively become due <br /> <br /> <br /> <br /> <br />