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IN THE EVENT any Paying Agent/Registrar, for this Bond is changed by the Issuer, <br />resigns, or otherwise ceases to act as such, the issuer has covenanted in the Bond Ordinance that it <br />promptly will appoint a competent and legally qualified substitute therefor, and cause written <br />notice thereof to, be mailed to the registered owner of the Bond. <br />THIS BOND shall not be valid or becorne obligatory for any purpose or be entitled to any <br />security or benefit under- the Bond Ordinance until the Certificate of Authentication shall have <br />been executed by the Paying Agent/Registrar or the Comptroller's Registration Certificate hereon <br />shall have been executed by the Texas Comptroller Of Public Accounts, <br />IT IS HEREBY certified, recited and covenanted that this Bond has been duly and validly <br />authorized, issued and delivered-, that all acts, conditions and things required or proper to be <br />performed, exist and be done precedent to or in the authorization, issuance and delivery of this <br />Bond have been performed, existed and been done in accordance with law; and that annual ad <br />valorem taxes sufficient to provide for the payment of the interest on and principal of this Bond, as <br />such interest cornes due and such principal matures, have been levied and ordered to be levied <br />against all taxable property in said Issuer, and have been pledged for such payrnent, within the <br />limit prescribed by law. <br />THE ISSUER HAS RESERVED THE RIGHT to amend the Bond Ordinance as provided <br />therein, and under some (but not all) circurnstances amendments thereto must be approved by the <br />registered owner of the Bond, <br />BY BECOMING the registered owner of this Bond, the registered owner thereby <br />acknowledges all of the terms and provisions of the Bond Ordinance, agrees to be bound by such <br />tennis and provisions, acknowledges that the Bond Ordinance is duly recorded and available for <br />inspection in the official minutes and records of the governing body of the Issuer, and agrees that <br />the terms and provisions of this Bond and the Bond Ordinance constitute a contract between each <br />registered owner hereof and the Issuer. <br />IN WITNESS WHEREOF, the Issuer has caused this Bond to be signed with the manual or <br />facsimile signature of the Mayor of the Issuer and countersigned with the manual or -facsimile <br />signature of the City Clerk of said Issuer, and has caused the official sea] of the Issuer to be duly <br />impressed, or placed in facsimile, on this Bond, <br />(sip -nature) <br />City Clerk <br />(SEAL) <br />(si2nature) <br />Mayor <br />