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. t <br /> � � <br /> This Bond may be transferred or exchanged, but only in the manner, subject to the <br /> limitations, and upon payment of the charges as set forth in this Ordinance. Upon surrender for <br /> transfer or exchange of this Bond at the principal corporate trust office of the Bond Registrar, <br /> duly endorsed by or accompanied by a written instrument or instruments of transfer or exchange <br /> in form satisfactory to the Bond Registrar and duly executed by the registered owner or an <br /> attorney for such owner duly authorized in writing, the City shall execute and the Bond Registrar• <br /> shall authenticate, date and deliver in the name of the transferee or transferees or, in the case of <br /> an exchange, the registered owner, a new fully registered Bond or Bonds of the same series, of <br /> like tenor, of the same maturity,bearing the same interest rate, of authorized denominations and <br /> for a like aggregate principal amount. <br /> The City, the Bond Registrar and the Paying Agent may deem and treat the Registered <br /> Owner hereof as the absolute owner hereof for the purpose of receiving payment of or on <br /> account of principal hereof and interest due hereon and for all other purposes, and the Ciry, the <br /> Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary. <br /> -21- <br />