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<br /> J(1~ <br /> date, notwithstanding that any of the Bonds or portions thereof so called for redemption shall not have been <br /> surrendered for payment, interest on such Bonds or portions thereof shall cease to accrue. <br /> As provided in the Ordinance, and subject to certain limitations therein set forth, this Bond is transferable <br /> upon surrender of this Bond for transfer at the Designated Payment/Transfer Office, with such endorsement or <br /> other e\idence of transfer as is acceptable to the Paying Agent/Registrar, and, thereupon, one or more new fully <br /> registered Bonds of the same stated maturity, of authorized denominations, bearing the same rate of interest, and <br /> for the same aggregate principal amount will be issued to the designated transferee or transferees. <br /> The City, the Paying Agent/Registrar, and any other person may treat the person in whose name this Bond <br /> is registered as the omler hereof for the purpose of receiving payment as herein provided (except interest shall <br /> be paid to the person in whose name this Bond is 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 neither the City nor the Paying <br /> Agent/Registrar shall be affected by notice to the contrary. <br /> IT IS HEREBY CERTIFIED AND RECITED that the issuance of this Bond and the series of which it is <br /> a part is duly authorized by lav,l; that all acts, conditions and things required to be done precedent to and in the <br /> issuance of the Bonds have been properly done and performed and have happened in regular and due time, fonn <br /> and manner, as required by law; and that the total indebtedness of the City, including the Bonds, does not exceed <br /> any constitutional or statutory linùtation. <br /> IN WITNESS \VHEREOF, this Bond has been duly executed on behalf of the City, under its official seal, <br /> in accordance with law. <br /> . <br /> City Secretary Mayor <br /> City of San Marcos, Texas City of San Marcos, Texas <br /> [SEAL] <br /> (b) [Fonn of Certificate of Paying AgentlRegistrar] <br /> CERTIFICATE OF PAYING AGENTIREGISTRAR <br /> Tills is one of the Bonds referred to in the \\ithin mentioned Ordinance. The series of Bonds of which <br /> this Bond is a part was originally issued as one Initial Bond which 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 /> TEXAS COMMERCE BANK NATIONAL <br /> ASSOCIATION <br /> as Paying Agent/Registrar <br /> Dated: By: <br /> Authorized Signatory <br /> iLlSA.'""^"'.WWSS 9"=""SCl!. 17 <br />