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If this Bond is redeemable and this Bond (or any portion of the principal amount hereof) shall be called for redemption, notice of the redemption hereof, specifying the date, number and maturity of this Bond, the date and place or places fixed for its redemption, the premium, if any, payable upon such redemption, and if less than the entire principal amount of this Bond is to be redeemed, that this Bond must be surrendered in exchange for the pnncipal amount hereof to be redeemed and a new Bond or Bonds issued equalling in principal amount that portion of the principal amount hereof not to be redeemed, shall be mailed not less than thirw (30) days prior to the date fixed for redemption by first class mail, postage prepaid, to the Registered Owner hereof at his address-as, it appears on the books of registry kept by the Registrar as ot the close of business on the forty-fifth (45th) day next preceding the date fixed for redemption. If notice of the redemption of this Bond (or of the portion of the principal amount hereof to be redeemed) shall have been given as aforesaid, and payment of the principal amount of this Bond (or the portion of the principal amount hereof to be redeemed) and of the accrued interest and premium, if any, payable upon such redemption shall have been duly made or provided for, interest on this Bond (or on the portion of the principal amount he'reof to be redeemed) shall cease to accrue from and after the date so specified for the redemption hereof. Subject io the limitations and upon payment of the charges, if any, provided in the proceedings authorizing the Bonds of the issue of which this Bond is one, this Bond may be exchanged at the principal office of the Registrar for a like aggregate principal amount of Bonds of other 'aUthorized principal amounts and of the same series which this Bond is one. This Bond is transferable by the Registered Ownei- hereof', in person or by his attorney duly authorized in writing, on the books of registry kept by the Registrar for such purpose at the principal office of the Registrar but only in the manner, subject to the limitations and upon payment of the charges, if any, provided in the proceedings authorizing the Bonds of the series of which this Bond is one, and upon the surrender hereof for cancellation. Upon such transfer a new Bond or Bonds of authorized denominations and of the same aggregate principal amount, series, interest rate and maturity as the Bond surrendered, will be issued to the transferee in exchange herefor. The full faith and credit of the City are hereby irrevocably pledged for the punctual payment of the principal of and interest on this Bond as the same respectiveiy become due and payable. In each year while this Bond is outstanding and unpaid there shall be assessed, levied and collected, at the same time and in the same manner as other taxes in the City are assessed, levied and collected, an ad valorem tax upon.all property subject to taxation by the'City~ without limitation as to rate Or amount, ~'uffi'c/eflf:to.i0rovide for the payment of the principal of and interest on this Bond as the same respectively become due and payable, if the revenues of the aforesaid water and sewerage system are insufficient for that purpose. ~ - ' ~ This Bond shall not be valid or obligatory unless the certificate of authentication hereon shall have been manually signed by or on behalf of the Registrar.