Laserfiche WebLink
owner hereof or the legal representative of said owner upon the <br />surrender hereof. <br /> <br /> [The following four paragraphs are to be included <br /> in the form of Bond so long as the Bonds <br /> are being issued pursuant to a book-entry system.] <br /> <br /> The Bonds initially are being issued by means of a book-entry <br />system with no physical distribution of Bond certificates to be <br />made except as provided in the Resolution. Initially one fully <br />registered Bond certificate for each stated maturity of the Bonds, <br />in the aggregate principal amount of the Bonds of such stated <br />maturity and registered in the name of the Securities Depository <br />Nominee (as defined in the Resolution), a nominee of the Securities <br />Depository (as defined in the Resolution), is being issued and <br />required to be deposited with the Securities Depository and <br />immobilized in its custody. The book-entry system of the <br />Securities Depository will evidence positions held in the Bonds by <br />the Security Depository's participants, with beneficial ownership <br />of the Bonds in the principal amount of $5,000 or any whole <br />multiple thereof being evidenced in the records of such <br />participants. Transfers of beneficial ownership will be effected <br />on the records of the Securities Depository and its participants <br />pursuant to rules and procedures established by the Securities <br />Depository and its participants. <br /> <br /> The County and the Bond Registrar will recognize the <br />Securities Depository Nominee or the Securities Depository, as the <br />case may be, while the registered owner of this Bond, as the owner <br />of this Bond for all purposes, including payments of principal of, <br /> <br />12 <br /> <br /> <br />