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this Bond must be surrendered in exchange for the <br />principal amount hereof to be redeemed and a new Bond or <br />Bonds issued equalling in principal amount that portion <br />of the principal amount hereof not to be redeemed, shall <br />be mailed not less than thirty (30) days prio~ to the <br />date fixed for redemption by first class mail to the <br />Registered Holder hereof at his address as it appears on <br />the books of registry kept by the Registrar as of the <br />close of business on the forth-fifth (45th) day <br />preceding the date fixed for redemption. If notice of <br />the ~edemption of this Bond shall have been given as <br />aforesaid, and payment of the principal amount of this <br />Bond (or the portion of the p~incipal amount he~eof to <br />be redeemed) and of the accrued interest and premium, if <br />any, payable upon such redemption shall have been duly <br />made or provided for, interest hereon shall cease to <br />accrue from and after the date so specified for the <br />~edemption hereof. <br /> <br /> Subject to the limitations and upon payment of the <br />charges, if any, provided in the proceedings authorizing <br />the Bonds of the issue of which this Bond is one, this <br />Bond may be exchanged at the p~inclpal office of the <br />Registrar for a like aggregate principal amount of Bonds <br />of other authorized p~incipal amounts and of the same <br />issue, interest rate and maturity. This Bond is <br />transferable by the Registered Holder hereof, in person <br />or by his attorney duly authorized in writing, on the <br />books of registry kept by the Registrar for such purpose <br />at the principal office of the Registrar but only in the <br />manner, subject to the limitations and upon payment of <br />the charges, if any, provided in the proceedings <br />authorizing the Bonds of the issue of which this Bond is <br />one, and upon the surrender hereof for cancellation. <br />Upon such transfer a new Bond or Bonds of authorized <br />denominations and of the same aggregate principal <br />amount, interest rate and maturity as the Bond <br />surrendered, will be issued to the transferee in <br />exchange herefor. <br /> <br /> This Bond shall not be valid o~ obligatory unless <br /> the certificate of authentication hereon shall have been <br /> manually signed by an authorized signator of the <br /> Registrar. <br /> <br /> The full faith and credit of the City a~e hereby <br /> irrevocably pledged to the payment of the principal of <br /> and interest on this Bond as the same become due. The <br /> principal hereof and interest hereon shall be payable <br /> from ad valorem taxes without limitation of rate or <br /> amount upon all property within the City subject to <br /> taxation by the City. <br /> <br />-9- <br /> <br /> <br />