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than sixty (60) days and not less than thirty (30) days <br /> prior to the date fixed for redemption to the address of <br /> the Registered Owner as shown on the registration record <br /> of the City except to the extent such redemption notice <br /> is waived by the owners of the bond or bonds redeemed, <br /> provided, however, that failure to give such notice by <br /> mailing, or any defect therein, with respect to any bond <br /> shall not affect the validity of any proceedings for the <br /> redemption of any other bonds. The notice shall specify <br /> the date and place of redemption, the redemption price <br /> and the CUSIP numbers of the bonds called for redemption. <br /> The place of redemption may be determined by the City. <br /> Interest on the bonds so called for redemption shall <br /> cease on the redemption date fixed in such notice if <br /> sufficient funds are available at the place of redemption <br /> to pay the redemption price on the date so named, and <br /> thereafter, such bonds shall no longer be protected by <br /> the Ordinance and shall not be deemed to be outstanding <br /> thereunder, and the holders thereof shall have the right <br /> only to receive the redemption price. <br /> If this bond shall not be presented for payment on <br /> the date fixed therefor, the City may deposit in trust <br /> with the Paying Agent or another financial institution <br /> approved by the City, an amount sufficient to pay such <br /> bond, and thereafter the Registered Owner shall look only <br /> to the funds so deposited in trust with said financial <br /> institution for payment and the City shall have no <br /> further obligation or liability in respect thereto. <br /> This bond is subject to defeasance prior to payment <br /> as provided in the Ordinance and the owner of this bond, <br /> by the acceptance hereof, hereby agrees to all the terms <br /> and provisions contained in the Ordinance. <br /> This bond is transferable or exchangeable only upon <br /> the books of the City kept for that purpose at the office <br /> of the Registrar by the Registered Owner in person, or by <br /> his attorney duly authorized in writing, upon surrender <br /> of this bond together with a written instrument of <br /> transfer or exchange satisfactory to the Registrar duly <br /> executed by the Registered Owner or his attorney duly <br /> authorized in writing, and thereupon a new fully <br /> registered bond or bonds in the same aggregate principal <br /> amount, and of the same maturity, shall be executed and <br /> delivered in the name of the transferee or transferees or <br /> the Registered Owner, as the case may be, in exchange <br /> therefor. The City, any registrar and any paying agent <br /> for this bond may treat and consider the person in whose <br /> name this bond is registered as the absolute owner hereof <br /> for all purposes including for the purpose of receiving <br /> payment of, or on account of, the principal hereof and <br /> interest due hereon. <br /> The bonds maturing in any one year are issuable only <br /> in fully registered form in the denomination of $5,000 or <br /> any integral multiple thereof not exceeding the aggregate <br /> principal amount of the bonds maturing in such year. <br /> STATEMENT OF INSURANCE <br /> Financial Guaranty Insurance Company ("Financial <br /> Guaranty") has issued a policy containing the following <br /> provisions with respect to this bond and all other bonds <br /> of this issue. such nolicv being on file at the principal <br />