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transfer or exchange satisfactory to the Registrar duly executed <br />by the Registered Owner or his attorney duly authorized in <br />writing and thereupon a new fully registered bond or bonds <br />in the same aggregate principal amount and of the same maturity <br />shall be executed and delivered in the name of the transferee <br />or transferees or the Registered Owner, as the case may be, <br />in exchange therefor. This bond may be transferred or exchanged <br />without cost to the Registered Owner, except for any tax or <br />governmental charge required to be paid with respect to the <br />exchange. The Registrar shall not be required to transfer <br />or exchange this Bond if it has been called for redemption <br />or during the period from the fifteenth day of any calendar <br />month immediately preceding an interest payment date to such <br />interest payment date. The City, the Commission and the <br />Registrar may treat and consider the person in whose name <br />this bond is registered as the absolute owner hereof for all <br />purposes including for the purpose of receiving payment of, <br />or on account of, the principal hereof and interest due hereon. <br />The Bonds maturing in any one year are issuable <br />only in fully registered form in the denomination of $5,000 <br />or any integral multiples thereof not exceeding the aggregate <br />principal amount of the Bonds maturing in such year. <br />The following abbreviations, when used in the <br />inscription of the face of this bond, shall be construed as <br />though they were written out in full according to applicable <br />laws or regulations: <br />TEN. COM. as <br />TEN. ENT. as <br />JT. TEN. as <br />su <br />in <br />UNIF. GIFT. <br />MIN. ACT <br />tenants in common <br />tenants by the entireties <br />joint tenants with right of <br />rvivorship and not as tenants <br />common <br />Custodian <br />(Cust.) (Minor) <br />under Uniform Gifts to Minors Act of <br />(State) <br />Additional abbreviations may also be used although <br />not in the list above. <br />Assignment <br />For value received, the undersigned hereby sells <br />and transfers unto <br />(Please print or typewrite name and address of transferree) <br />-11- <br />