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10 <br />days and not less than sixty (60) days prior to the date fixed for redemption to the address of the <br />registered owner of each bond to be redeemed as shown on the registration record of the <br />Commission except to the extent such redemption notice is waived by owners of the bond or bonds <br />redeemed, provided, however, that failure to give such notice by mailing, or any defect therein, <br />with respect to any bond shall not affect the validity of any proceedings for the redemption of any <br />other bonds. The notice shall specify the date and place of redemption, the redemption price and <br />the CUSIP numbers of the bonds called for redemption. The place of redemption may be <br />determined by the Commission. Interest on the bonds so called for redemption shall cease on the <br />redemption date fixed in such notice if sufficient funds are available at the place of redemption to <br />pay the redemption price on the date so named, and thereafter, such bonds shall no longer be <br />protected by the Resolution and shall not be deemed to be outstanding thereunder. <br />This bond is subject to defeasance prior to payment or redemption as provided in the <br />Resolution. <br />If this bond shall not be presented for payment or redemption on the date fixed therefor, <br />the Commission may deposit in trust with the Paying Agent or another paying agent, an amount <br />sufficient to pay such bond or the redemption price, as the case may be, and thereafter the <br />Registered Owner shall look only to the funds so deposited in trust for payment and the City shall <br />have no further obligation or liability in respect thereto. <br />This bond is transferable or exchangeable only upon the registration record kept for that <br />purpose at the office of the Registrar by the Registered Owner in person, or by the Registered <br />Owner’s attorney duly authorized in writing, upon surrender of this bond together with a written <br />instrument of transfer or exchange satisfactory to the Registrar duly executed by the Registered <br />Owner or such attorney duly authorized in writing, and thereupon a new fully registered bond or <br />bonds in the same aggregate principal amount, and of the same maturity, shall be executed and <br />delivered in the name of the transferee or transferees or the Registered Owner, as the case may be, <br />in exchange therefor. The City, the Commission, any registrar and any paying agent for this bond <br />may treat and consider the person in whose name this bond is registered as the absolute owner <br />hereof for all purposes including for the purpose of receiving payment of, or on account of, the <br />principal hereof and interest and premium, if any, due hereon. <br />The bonds maturing on any maturity date are issuable only in the denomination of [$5,000 <br />or any integral multiple thereof/One Hundred Thousand Dollars ($100,000) and integral multiples <br />of Five Thousand Dollars ($5,000) above such amount/$1.00 and integral multiples thereof], not <br />exceeding the aggregate principal amount of the bonds maturing on such date. <br />It is hereby certified and recited that all acts, conditions and things required to be done <br />precedent to and in the execution, issuance and delivery of this bond have been done and performed <br />in regular and due form as provided by law. <br />This bond shall not be valid or become obligatory for any purpose until the certificate of <br />authentication hereon shall have been executed by an authorized representative of the Registrar.