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<br />Registrar may charge the person requesting such exchange the amount of any tax or other <br /> <br />governmental charge required to be paid with respect thereto. <br /> <br />The City may designate a successor Registrar and/or paying agent, provided that written <br /> <br />notice specifying the name and location of the principal office of any such successor shall be <br /> <br /> <br />given to the registered owner of the Bonds. Upon registration of transfer of this Bond, the <br /> <br /> <br />Registrar shall furnish written notice to the transferee of the name and location of the principal <br /> <br /> <br />office of the Registrar and/or the paying agent. <br />The Registrar shall treat the registered owner as the person exclusively entitled to <br /> <br />payment of principal and interest and the exercise of all other rights and powers of the owner, <br /> <br />except that interest payments shall be made to the person shown as the owner on the registration <br /> <br />books on the [15th] day of the month [preceding] each interest payment date. <br /> <br />This Bond shall not be valid or obligatory for any purpose unless and until authenticated <br />at the foot hereof by the Registrar. <br /> <br /> <br />It is hereby certified and recited that all acts, conditions and things required by the <br /> <br /> <br />Constitution and statutes of the Commonwealth of Virginia to happen, exist or be performed <br /> <br /> <br />precedent to the issuance of this Bond have happened, exist or been performed in due time, form <br /> <br />and manner as so required and that the indebtedness evidenced by this Bond is within every debt <br /> <br />and other limit prescribed by the Constitution and statutes of the Commonwealth of Virginia. <br />[Signature Page Follows]a <br />-5- <br />