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• Year <br />( ) Principal Amount <br />The City, as its option, may credit against such mandatory sinking fund redemption requirement <br />the principal amount of any Bonds maturing on _ which have been purchased and <br />cancelled by the City or which have been redeemed and not theretofore applied as a credit against <br />such mandatory sinking fund redemption requirement.] <br />If this Bond is redeemable and this Bond (or any portion of the principal amount <br />hereof in installments of $5,000) shall be called for redemption, notice of the redemption hereof, <br />specifying the date, number and maturity of this Bond, the date and place or places fixed for its <br />redemption, the premium, if any, payable upon such redemption, and if less than the entire <br />principal amount of this Bond is to be redeemed, that this Bond must be surrendered in exchange <br />for the principal amount hereof not to be redeemed, shall be mailed not less than thirty (30) days <br />prior to the date fixed for redemption, by first class mail, postage prepaid, to the Registered <br />Owner hereof at his address as it appears on the books of registry kept by the Registrar as of the <br />close of business on the forty-fifth (45th) day next preceding the date fixed for redemption. If <br />notice of the redemption of this Bond shall have been given as aforesaid, and payment of the <br />• principal amount of this Bond (or of the portion of the principal amount hereof to be redeemed) <br />and of the accrued interest and premium, if any, payable upon such redemption shall have been <br />duly made or provided for, interest hereon shall cease to accrue from and after the date so <br />specified for the redemption hereof. <br />Subject to the limitations and upon payment of the charges, if any, provided in the <br />proceedings authorizing the Bonds of the issue of which this Bond is one, this Bond may be <br />exchanged at the office of the Registrar for a like aggregate principal amount of Bonds of other <br />authorized principal sums and of the same series, interest rate and maturity. This Bond is <br />transferable by the Registered Owner hereof, in person or by his attorney duly authorized in <br />writing, on the books of registry kept by the Registrar for such purpose at the office of the <br />Registrar, but only in the manner, subject to the limitations and upon payment of the charges, if <br />any, provided in the proceedings authorizing the Bonds of the series of which this Bond is one, <br />and upon the surrender hereof for cancellation. Upon such transfer a new Bond or Bonds of <br />authorized denominations and of the same aggregate principal amount, series, interest rate and <br />maturity as the Bond surrendered will be issued to the transferee in exchange herefor. <br />The full faith and credit of the City are irrevocably pledged to the punctual <br />payment of the principal of and premium, if any, and interest on this Bond as the same become <br />due. In each year while this Bond is outstanding and unpaid, there shall be assessed, levied and <br />collected, at the same time and in the same manner as other taxes of the City are assessed, levied <br />and collected, a tax upon all taxable property within the City, over and above all other taxes, <br />authorized or limited by law and without limitation as to rate or amount, sufficient to pay when <br />373936.1 022828 ORD <br />