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<br /> office of the Paying Agent/Registrar with such endorsement or other <br /> evidence of transfer as is acceptable to the Paying Agent/Registrar, <br /> and, thereupon, one or more new fully registered Bonds of the same <br /> stated maturity, of authorized denominations, bearing the same rate <br /> of interest, and for the same aggregate principal amount will be <br /> issued to the designated transferee or transferees. <br /> * The City, the Paying Agent/Registrar, and any other person may <br /> treat the person in whose name this Bond is registered as the owner <br /> hereof for the purpose of receiving payment as herein provided and <br /> for all other purposes, whether or not this Bond be overdue, and <br /> neither the Ci ty no r the Paying Agent/Registrar shall be affected by <br /> notice to the contrary. <br /> * IT IS HEREBY CERTIFIED AND RECITED that the issuance of this <br /> Bond and the series of which it is a part is duly authorized by law; <br /> that all acts, conditions and things required to be done precedent <br /> to and in the issuance of the Bonds have been properly done and <br /> performed and have happened in regular and due time, form and <br /> manner, as required by law; and that the total indebtedness of the <br /> City, including the Bonds, does not exceed any constitutional or <br /> statutory limitation. <br /> IN WITNESS WHEREOF, this Bond has been duly executed on behalf <br /> of the City, under its official seal, in accordance with law. <br /> xxxxxxxxxxxxxxx xxxxxxxxxxxxxxx <br /> City Secretary, City of San Marcos, Mayo r, City of San Marcos, <br /> Texas Texas <br /> [SEAL] <br /> (b) [Form of Certificate of Paying Agent/Registrar] <br /> CERTIFICATE OF PAYING' AGENT/REGISTRAR <br /> This is one of the Bonds referred to in the within mentioned <br /> Ordinance. The series of Bonds of which this Bond is a part was <br /> originally issued as one Initial Bond which was approved by the <br /> Attorney General of the State of Texas and registered by the <br /> Comptroller of Public Accounts of the State of Texas. <br /> AMERITRUST TEXAS, N.A. <br /> Austin, Texas <br /> as Paying Agent/Registrar <br /> Dated: By: <br /> Authorized Signatory <br /> 4177f <br /> -18- <br />