Laserfiche WebLink
or portions thereof to be redeemed, interest on the Bonds or <br />portions thereof called for redemption shall cease to accrue, such <br />Bonds or portions thereof shall cease to be entitled to any <br />benefits or security under this resolution or to be deemed <br />outstanding, and the registered owners of such Bonds or portions <br />thereof shall have no rights in respect thereof except to receive <br />payment of the redemption price thereof, plus accrued interest to <br />the date of redemption. <br /> <br /> If a portion of a Bond shall be selected for redemption, the <br />registered owner thereof or his attorney or legal representative <br />shall present and surrender such Bond to the Bond Registrar for <br />payment of the principal amount thereof so called for redemption <br />and the redemption premium, if any, on such principal amount, and <br />the Bond Registrar shall authenticate and deliver to or upon the <br />order of such registered owner or his legal representative, without <br />charge therefor, for the unredeemed portion of the principal amount <br />of the Bond so surrendered, a Bond or Bonds of the same maturity, <br />of any denomination or denominations authorized by this resolution <br />and bearing interest at the same rate. <br /> <br /> Section 5. Bonds, upon surrender thereof at the office of the <br />Bond Registrar together with an assignment duly executed by the <br />registered owner or his attorney or legal representative in such <br />form as shall be satisfactory to the Bond Registrar, may, at the <br />option of the registered owner thereof, be exchanged for an equal <br />aggregate principal amount of Bonds of the same maturity, of any <br />denomination or denominations authorized by this resolution and <br />bearing interest at the same rate. <br /> <br />21 <br /> <br /> <br />