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[11] This Bond is transferable by the Registered Owner <br /> hereof in person or by his attorney duly authorized in writing at <br /> the principal corporate trust office of the Bond Registrar in <br /> Decatur , Illinois, but only in the manner, subject to the limita- <br /> tions and upon payment of the charges provided in the Bond <br /> Ordinance, and upon surrender and cancellation of this Bond. <br /> Upon such transfer a new Bond or Bonds of authorized denomina- <br /> tions, of the same maturity and for the same aggregate Original <br /> Principal Amount will be issued to the transferee in exchange <br /> therefor . The Bond Registrar shall not be required to transfer <br /> or exchange this Bond ( i ) after the close of business on the fif- <br /> teenth day of the calendar month next preceding the Maturity Date <br /> for this Bond, ( ii) after notice calling this Bond for redemption <br /> has been mailed or ( iii) during a period of fifteen (15) days <br /> next preceding mailing of a notice of redemption of such Bond. <br /> [ 12] The Bonds are issued in fully registered form in <br /> Original Principal Amounts representing $5,000 Maturity Amount or <br /> any integral multiple thereof. This Bond may be exchanged at the <br /> principal corporate trust office of the Bond Registrar for a like <br /> aggregate Original .Principal Amount of Bonds of the same matur- <br /> ity, upon the terms set forth in the Bond Ordinance. <br /> [13 ] The City and the Bond Registrar may deem and treat <br /> the Registered Owner hereof as the absolute owner hereof for the <br /> purpose of receiving payment of or on account of the Maturity <br /> Amount hereof and for all other purposes and neither the City nor <br /> -24- <br />