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r ' <br /> Section 8. Registration of Note; Persons Treated as Owners. The City shall cause <br /> books (the "Note Register") for the registration and for the transfer of the Note as provided in <br /> this Ordinance to be kept at the Bank as the Note Registrar. The City is authorized to prepare, <br /> and the Note Registrar shall keep custody of, multiple Note blanks executed by the City for use in <br /> the transfer and exchange of the Note. <br /> Upon surrender for transfer of the Note, duly endorsed by, or accompanied by a written <br /> instrument or instruments of transfer in form satisfactory to the Note Registrar and duly executed <br /> by, the registered owner or his attorney duly authorized in writing, the City shall execute and the <br /> Note Registrar shall authenticate, date and deliver in the name of the transferee or transferees a <br /> new fully registered Note for a like aggregate principal amount. The execution by the City of any <br /> fully registered Note shall constitute full and due authorization of such Note and the Note <br /> Registrar shall thereby be authorized to authenticate, date and deliver such Note. <br /> The person in whose name the Note shall be registered shall be deemed and regarded as <br /> the absolute owner thereof for all purposes, and payment of the principal of or interest on such <br /> Note shall be made only to or upon the order of the registered owner thereof or his legal <br /> representative. All such payments shall be valid and effectual to satisfy and discharge the liability <br /> upon such Note to the extent of the sum or sums so paid. <br /> No registered owner shall be charged a service charge for any transfer or exchange of the <br /> Note, but the City may require payment of a sum sufficient to cover any tax or other <br /> governmental charge that may be imposed in connection with any transfer or exchange of the <br /> Note exchanged in the case of the issuance of a new Note for the outstanding portion of the Note <br /> sunendered for redemption. <br /> Section 9. Form of Note. The Note shall be in substantially the form hereinafter set <br /> forth;provided, however, that if the text of the Note is to be printed in its entirety on the front <br /> -xiir <br />