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<br /> thereof within such maturity or maturities and in such amounts, for <br /> redemption. <br /> * Notice of such redemption or redemptions shall be given <br /> by first class mai 1, postage prepaid, not less than 30 days before <br /> the date fixed for redemption, to the registered owner of each of <br /> the Bonds to be redeemed in whole or in part. Notice having been so <br /> given, the Bonds or portions thereof designated for redemption shall <br /> become due and payable on the redemption date specified in such <br /> notice, and from and after such date, notwithstanding that any of <br /> the Bonds or portions thereof so called for redemption shall not <br /> have been surrendered for payment, interest on such Bonds or <br /> portions thereof shall cease to accrue. <br /> * As provided in the Ordinance, and subject to certain <br /> limitations therein set forth, this Bond is transferable upon <br /> surrender of this Bond for transfer at the principal corporate trust <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 wi 11 be <br /> issued to the designated transferee or transferees. <br /> * The City, the Paying Agent/Registrar, and any other <br /> person may treat the person in whose name this Bond is registered as <br /> the owner hereof for the purpose of receiving payment as herein <br /> provided and for all other purposes, whether or not this Bond be <br /> overdue, and neither the City nor the Paying Agent/Registrar shall <br /> be affected by notice to the contrary. <br /> * IT IS HEREBY CERTIFIED AND RECITED that the issuance of <br /> this Bond and the series of which it is a part is duly authorized by <br /> law; that all acts, conditions and things required to be done <br /> precedent to and in the issuance of the Bonds have been properly <br /> done and performed and have happened in regular and due time, form <br /> and manner, as required by law. <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 /> City Secretary, City of Mayor, City of San Marcos, Texas <br /> San Marcos, Texas <br /> [SEAL] <br /> 4172f <br /> -19- <br />