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shall cease to accrue on the date fixed for redemption unless <br /> such bond or bonds so called are not redeemed upon presentation <br /> made pursuant to such call. <br /> The pledge of tax levies for payment of principal of and <br /> interest on the bonds may be discharged prior to maturity of the <br /> bonds by making provision for the payment thereof on the terms <br /> and conditions set forth in the Bond Ordinance. <br /> The bonds of this issue are issued in fully registered form <br /> in the denomination of $5, 000 each or any integral multiple <br /> thereof, provided that bond number 1 of this issue is in the <br /> denomination of $6, 250, and provided that no bond shall represent <br /> more than one maturity. Upon surrender to the Bond Registrar, <br /> bonds are interchangeable for bonds in any authorized <br /> denomination of an equal aggregate principal amount and of the <br /> same interest rate and maturity. This bond is transferable only <br /> on the records maintained by the Bond Registrar for that purpose <br /> upon the surrender of this bond by the registered owner hereof or <br /> his/her duly authorized agent and only if endorsed in the manner <br /> provided hereon, and thereupon a new fully registered bond of <br /> like principal amount, maturity and interest rate shall be issued <br /> to the transferee in exchange therefor. Such exchange or <br /> transfer shall be without cost to the registered owner or <br /> transferee. The City may deem the person in whose name this bond <br /> is registered to be the absolute owner hereof for the purpose of <br /> receiving payment of the principal of and interest on the bond <br /> and for any and all other purposes whatsoever. <br /> ASSIGNMENT <br /> FOR VALUE RECEIVED, the undersigned hereby sells, assigns <br /> and transfers unto <br /> PLEASE INSERT SOCIAL SECURITY OR TAXPAYER IDENTIFICATION NUMBER <br /> OF TRANSFEREE <br /> / / <br /> (Please print or typewrite name and address, including zip code <br /> of Transferee) <br /> the within bond and all rights thereunder and does hereby <br /> irrevocably constitute and appoint <br /> of , or its successor, as Agent to <br /> transfer said bond on the books kept by the Bond Register for <br /> registration thereof, with full power of substitution in the <br /> premises. <br /> DATED: , 19 <br /> SIGNATURE GUARANTEED: <br /> -19- KR113 90/09/17 <br />