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and from and after such date (unless the City shall default in the payment of the redemption <br /> price) such Bonds or portions of Bonds shall cease to bear interest. Upon surrender of such <br /> Bonds for redemption in accordance with said notice, such Bonds shall be paid by the Bond <br /> Registrar at the redemption price. Installments of interest due on or prior to the redemption date <br /> shall be payable as herein provided for payment of interest. Upon surrender for any partial <br />' redem tion of an Bond there shall be re ed for the re istere holder a new Bond or Bonds <br /> P Y � P P�' g d <br /> of the same maturity in the amount of the unpaid principal. <br /> If any Bond or portion of Bond called for redemption shall not be so paid upon surrender <br /> thereof for redemption, the principal shall, until paid, bear interest from the redemption date at <br /> the rate borne by the Bond or portion of Bond so called for redemption. All Bonds which have <br /> been redeemed shall be cancelled and destroyed by the Bond Registrar and shall not be reissued. <br /> -13- ' <br />