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�. United States of America, except as otherwise herein provided, at <br /> the principal office of the Assignee. Upon any registered <br /> owner ' s request and presentment of any Bond, the Assignee shall <br /> note on the Payment Record attached to such Bond the date and <br /> amount of payment of each installment of principal and interest <br /> then being paid and theretofore paid and not yet noted thereon, ' <br /> and upon request of the Borrower or the Issuer the Bonds shall be II <br /> available for inspection by the Bor-rower or the Issuer at the <br /> principal offices of the registered owners thereof. Payments of <br /> installments of the principal of and interest on the Bonds, <br /> before maturity or due date of the last installment thereof to be <br /> paid, shall be rnade by check or draft of (or other effective <br /> transfer of funds by) the Assignee to the registered owners of <br /> the Bonds . The Bonds are transferable by the Purchaser in <br /> authorized integral multiples of $5 ,000 and after notice in <br /> writing to the Borrower and the Assignee of such transfer, and in <br /> all respects not in violation of the registration requirements of <br /> Section 103 (j ) of the Code and related regulations. <br /> The Bonds shall be signed by the Mayor and attested by <br /> the City Clerk of the Issuer, by their manual or facsimile <br /> signatures, and the corporate seal of the Issuer shall be affixed <br /> thereto or other impressed or reproduced thereon. No Bond shall <br /> be valid or become obligatory for any purpose until the certifi- <br /> cate of authentication thereon shall have been signed by tr�e <br /> Assignee , as Bond Registrar, in the form therefor set forth in <br /> the form of the Bonds in Section 4 hereof. <br /> The Bonds, together with interest thereon, shall be <br /> limited obligations of the Issuer secured by the mortgage on and <br /> -8- <br />