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<br />I <br /> <br />I <br /> <br />- <br /> <br />date, notwlthstandmg that any of the Bonds or portlOns thereof so called for redemptlOn shall not have been <br />surrendered for payment, mterest on such Bonds or portIons thereof shall cease to accrue <br /> <br />As provlded m the Ordmance, and subject to certam lImItatlOns therem set forth, this Bond lS transferable <br />upon surrender of thIs Bond for transfer at the DeSignated Payment/Transfer Office, WIth such endorsement or <br />other eVIdence of transfer as lS acceptable to the Paymg Agent/Registrar, and, thereupon, one or more new fully <br />registered Bonds of the same stated mahuity, of authorized denominatlOns, bearing the same rate of interest, and <br />for the same aggregate prmcIpal amount will be Issued to the deSIgnated transferee or transferees. <br /> <br />The Clty, the Paying AgentlRegistrar, and any other person may treat the person in whose name thIS Bond <br />lS reglstered as the owner hereof for the purpose ofrecelVlng payment as herem provlded (except interest shall <br />be paid to the person m whose name this Bond lS registered on the Record Date or SpeCial Record Date, as <br />applicable) and for all other purposes, whether or not thIs Bond be overdue, and nelther the City nor the Paymg <br />Agent/Reglstrar shall be affected by notlce to the contrary. <br /> <br />IT IS HEREBY CERTIFIED AND RECITED that the lssuance of thIs Bond and the series ofwhlch lt lS <br />a part IS duly authonzed by law; that all acts, condltlons and thmgs required to be done precedent to and m the <br />Issuance of the Bonds have been properly done and performed and have happened in regular and due tlme, form <br />and manner, as requITed by law; and that the total indebtedness of the Clty, mcludmg the Bonds, does not exceed <br />any constItutlOnal or statutory hmltatlOn. <br /> <br />IN WITNESS WHEREOF, thlS Bond has been duly executed on behalf of the Clty, under ltS offiCIal seal, <br />m accordance wlth law. <br /> <br />CIty Secretary <br />Clty of San Marcos, Texas <br /> <br />Mayor <br />CIty of San Marcos, Texas <br /> <br />[SEAL] <br /> <br />(b) [F orm of Certifica te of Paying Agent/Reglstrar] <br /> <br />CERTIFICATE OF PAYING AGENT/REGISTRAR <br /> <br />Thts IS one of the Bonds referred to m the Wlthm mentlOoed Ordmance The senes of Bonds of WhlCh <br />thIs Bond lS a part was ongmally lssued as one InitlaI Bond whlch was approved by the Attorney General of the <br />State of Texas and registered by the Comptroller of PublIc Accounts of the State of Texas <br /> <br />TEXAS COMMERCE BANK NATIONAL <br />ASSOCIA TION <br />as Paymg AgenURegIstrar <br /> <br />Dated. <br /> <br />BY' <br /> <br />Authonzed Slgnatory <br /> <br />R:I5A.."lMAR\WWSS.97\DOCS\ORDNCE <br /> <br />17 <br />