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Section 5. Prepayment. The City may prepay all or a portion of the Outstanding <br /> Principal Balance at any time without penalty. <br /> Section 6. Lost or Destroyed Bond. If the Bond is lost, stolen or destroyed, the Bond <br /> Registrar may authenticate and deliver a new Bond of like amount, maturity and tenor to the <br /> Registered Owner upon the owner's paying the expenses and charges of the City in connection <br /> with preparation and authentication of the replacement Bond and upon his or her filing with the <br /> City evidence satisfactory to it that such Bond was actually lost, stolen or destroyed and of his or <br /> her ownership, and upon furnishing the City with indemnity satisfactory to it. <br /> Section 7. Execution of Bond. The Bond shall be executed on behalf of the City with <br /> the manual or facsimile signature of the Mayor, attested by the manual or facsimile signature of <br /> the City Clerk, and shall have the seal of the City impressed or imprinted thereon. In case either <br /> or both of the officers who have signed or attested the Bond cease to be such officer before such <br /> Bond has actually been issued and delivered, such Bond shall be valid nevertheless and may be <br /> issued by the City with the same effect as though the persons who had signed or attested such <br /> Bond had not ceased to be such officers, and the Bond may be signed or attested on behalf of the <br /> City by officers who at the date of actual execution of the Bond are the proper officers, although <br /> at the nominal date of execution of the Bond such officer was not an officer of the City. <br /> Only a Bond that bears a Certificate of Authentication in the form set forth in Section 8, <br /> manually executed by the Bond Registrar, shall be valid or obligatory for any purpose or entitled <br /> to the benefits of this ordinance. Such Certificate of Authentication shall be conclusive evidence <br /> that the Bond so authenticated has been duly executed, authenticated and delivered and is <br /> entitled to the benefits of this ordinance. <br /> Section 8. Form of Bond. The Bond shall be in substantially the following form: <br /> -5- P:\DOT\DOTOYN 99/11/08 <br />