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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> thereof, but the one requesting such conversion and exchange <br /> shall pay any taxes or governmental charges required to be paid <br /> with respect thereto as a condition precedent to the exercise <br /> of such privilege of conversion and exchange. The Paying ~ <br /> Agent/Registrar shall not make any such conversion and exchange <br /> within 15 days prior to a principal or interest payment date, <br /> or within 45 days prior to a redemption date. <br /> IN THE EVENT any Paying Agent/Registrar for the Bonds is <br /> changed by the Issuer, resigns, or otherwise ceases to act as <br /> such, the Issuer has covenanted in the Bond Ordinance that it <br /> promptly will appoint a competent and legally qualified substi- <br /> tute therefor, and promptly will cause written notice thereof <br /> to be mailed to the registered owners of the Bonds. <br /> IT IS HEREBY certified, recited, and covenanted that this <br /> Bond has been duly and validly voted, authorized, issued, and <br /> delivered; that all acts, conditions, and things required or <br /> proper to be performed, exist, and be done precedent to or in <br /> the authorization, issuance, and delivery of this Bond have <br /> been performed, existed, and been done in accordance with law; <br /> that this Bond is a general obligation of the Issuer, issued on <br /> the full faith and credit thereof; and that ad valorem taxes <br /> sufficient to provide for the payment of the interest on and <br /> principal of this Bond, as such interest comes due, and as such <br /> principal matures, have been levied and ordered to be levied <br /> against all taxable property in the Issuer, and have been <br /> pledged irrevocably for such payment, within the limit pre- ~ <br /> scribed by law. <br /> BY BECOMING the registered owner of this Bond, the regis- <br /> tered owner thereby acknowledges all of the terms and provi- <br /> sions of the Bond Ordinance, agrees to be bound by such terms <br /> and provisions, acknowledges that the Bond Ordinance is duly <br /> recorded and available for inspection in the official minutes <br /> and records of the governing body of the Issuer, and agrees <br /> that the terms and provisions of this Bond and the Bond Ordi- <br /> nance constitute a contract between each registered owner ~ <br /> hereof and the Issuer. <br /> IN WITNESS WHEREOF, the Issuer has caused this Bond to be <br /> signed with the facsimile signature of the Mayor of the Issuer <br /> and countersigned with the facsimile signature of the City <br /> Clerk of the Issuer, has caused the official seal of the Issuer <br /> to be duly impressed, or placed in facsimile, on this Bond. <br /> ~ (facsimile signature) (facsimile signature) <br /> City Clerk Mayor <br /> FORM OF PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE <br /> PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE <br /> <br /> It is hereby certified that this Bond has been issued <br /> under the provisions of the Bond Ordinance described on the <br /> face of this Bond; and that this Bond has been issued in con- <br /> version of and exchange for or replacement of a bond, bonds, or <br /> a portion of a bond or bonds of an issue which originally was <br /> approved by the Attorney General of the State of Texas and <br /> registered by the Comptroller of Public Accounts of the State <br /> of Texas. <br /> Dated Paying Agent/Registrar <br /> <br /> By <br /> Authorized Representative <br /> <br /> <br /> <br /> 14 <br />