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SECTION 10. REGISTRATION, EXCHANGE AND TRANSFER. There shall be a <br /> Registrar for the Bonds which may be the Issuer or a designated bank or trust company located within <br /> or without the State of Florida. The Registrar shall maintain the registration books of the Issuer and <br /> be responsible for the transfer and exchange of the Bonds. The Registrar shall maintain the books <br /> for the registration of the transfer and exchange of the Bonds in compliance with the Florida <br /> Registered Public Obligations Act and the system of registration as established by the Issuer pursuant <br /> thereto. <br /> Bonds may be transferred upon the registration books, upon delivery to the Registrar, <br /> together with written instructions as to the details of the transfer of such Bonds, along with the social <br /> security number or federal employer identification number of such transferee and, if such transferee <br /> is a trust, the name and social security or federal employer identification numbers of the settlor and <br /> beneficiaries of the trust, the date of the trust and the name of the trustee. No transfer of any Bond <br /> shall be effective until entered on the registration books maintained by the Registrar. <br /> Upon surrender for transfer or exchange of any Bond, the Issuer shall execute and the <br /> Registrar shall authenticate and deliver in the name of the registered owner or the transferee or <br /> transferees, as the case may be, a new fully registered Bond or Bonds of authorized denominations <br /> of the same maturity and interest rate for the aggregate principal amount which the registered owner <br /> is entitled to receive at the earliest practicable time in accordance with the provisions of this <br /> Resolution. The Issuer or the Registrar may charge the owner of such Bond for every such transfer <br /> or exchange an amount sufficient to reimburse them for their reasonable fees and for any tax, fee, or <br /> other governmental charge required to be paid with respect to such transfer, and may require that <br /> such charge be paid before any such new Bond shall be delivered. <br /> All Bonds presented for transfer, exchange, redemption or payment (if so required by the <br /> Registrar), shall be accompanied by a written instrument or instruments of transfer or authorization <br /> for exchange, in form and with guaranty of signature satisfactory to the Registrar, duly executed by <br /> the registered holder or by his duly authorized attorney in fact or legal representative. <br /> All Bonds delivered upon transfer or exchange shall bear interest from the preceding interest <br /> payment date so that neither gain nor loss in interest shall result from the transfer or exchange. New <br /> Bonds delivered upon any transfer or exchange shall be valid obligations of the Issuer, evidencing the <br /> same debt as the Bond surrendered, shall be secured by this Resolution and shall be entitled to all of <br /> the security and the benefits hereof to the same extent as the Bonds surrendered. <br /> The Issuer and the Registrar may treat the registered owner of any Bond as the absolute <br /> owner thereof for all purposes, whether or not such Bonds shall be overdue, and shall not be bound <br /> by any notice to the contrary. <br /> Notwithstanding the foregoing provisions of this Section, the Issuer reserves the right, on or <br /> prior to the delivery of the Bonds to amend or modify the foregoing provisions relating to the regis- <br /> tration of the Bonds by resolution in order to comply with all applicable laws, rules, and regulations <br /> of the United States and/or the State of Florida relating thereto. <br /> 9 <br />