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for redemption. Each minimum authorized denomination in principal amount shall be considered <br />a separate bond for purposes of partial redemption. <br />Notice of such redemption shall be mailed by first -class mail not more than sixty (60) <br />days and not less than thirty (30) 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 City <br />except to the extent such redemption notice is waived by owners of the bond or bonds redeemed; <br />provided, however, that failure to give such notice by mailing, or any defect therein, with respect <br />to any bond shall not affect the validity of any proceedings for the redemption of any other <br />bonds. The notice shall specify the date and place of redemption, the redemption price and the <br />CUSIP numbers, if applicable, of the bonds called for redemption. The place of redemption may <br />be determined by the City. 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 Ordinance 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 />Ordinance. <br />If this bond shall not be presented for payment or redemption on the date fixed therefor, <br />the City 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 <br />shall 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, and thereupon a new fully registered bond or bonds in the same <br />aggregate principal amount, and of the same maturity, shall be executed and delivered in the <br />name of the transferee or transferees or the Registered Owner, as the case may be, in exchange <br />therefor. The City, any registrar and any paying agent for this bond may treat and consider the <br />person in whose name this bond is registered as the absolute owner hereof for all purposes <br />including for the purpose of receiving payment of, or on account of, the principal hereof and <br />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 in excess thereof. <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 <br />performed 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. <br />