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The Series 2003 Bonds shall be issued in fully registered form without coupons; shall be <br />payable with respect to principal at a corporate trust office of the Paying Agent; shall be payable <br />in lawful money of the United States of America; and shall bear interest from their date, payable <br />by checks mailed to the Registered Owners at their addresses as they appear on the registration <br />books kept by the Bond Registrar on behalf of the County. At the option of any Registered <br />Owner of $1,000,000 or more in aggregate principal amount of the Series 2003 Bonds as of any <br />Record Date, interest shall be payable by domestic wire transfer pursuant to written instructions <br />from such Registered Owner; provided that such instructions are on file with the Paying Agent <br />not later than such Record Date. <br />SECTION 7. EXECUTION AND AUTHENTICATION OF BONDS. The Bonds shall <br />be executed in the name of the County by the Chairman or Vice Chairman of the Board attested <br />by its Clerk and its official seal or a facsimile thereof shall be affixed thereto or reproduced <br />thereon. The signatures of the Chairman or Vice Chairman and Clerk may be either manual or <br />facsimile signatures. The certificate of authentication of the Bond Registrar shall appear on the <br />Bonds, and no Bond shall be valid or obligatory for any purpose or be entitled to any security or <br />benefit under this Resolution unless such certificate shall have been duly executed on such Bond. <br />The authorized signature for the Bond Registrar shall be manual. <br />In case any one or more of the officers of the Board who shall have signed or sealed any <br />of the Bonds shall cease to be such officer or officers of the Board before the Bonds so signed <br />and sealed shall have been actually sold and delivered, such Bonds may nevertheless be sold and <br />delivered as if the persons who signed or sealed such Bonds had not ceased to hold such offices. <br />Any Bonds may be signed and sealed on behalf of the Board by such person who at the actual <br />time of the execution of such Bonds shall hold the proper office, although at the date of such <br />Bonds such person may not have held such office or may not have been so authorized. <br />SECTION 8. NEGOTIABILITY. The Bonds issued hereunder shall be and shall have <br />all of the qualities and incidents of negotiable instruments under the laws of the State of Florida, <br />and each successive holder, in accepting any of the Bonds, shall be conclusively deemed to have <br />agreed that such Bonds shall be and have all of the qualities and incidents of negotiable <br />instruments under the laws of the State of Florida. <br />SECTION 9. REGISTRATION, TRANSFER AND EXCHANGE. The Bond Registrar <br />shall be responsible for maintaining books for the registration, transfer and exchange of the <br />Bonds. <br />All Bonds presented for transfer, exchange, redemption or payment (if so required by the <br />Bond Registrar) shall be accompanied by a written instrument or instruments of transfer or <br />authorization for exchange, in form and with guaranty of signature satisfactory to the Board or <br />the Bond Registrar, duly executed by the Registered Owner or by his duly authorized attorney. <br />In the case of transfer or exchange of any Bond, the Bond Registrar shall deliver in the <br />name of the designated transferee or transferees or the Registered Owner, as the case may be, a <br />new fully registered Bond or Bonds of authorized denominations and of the same series, maturity <br />6 <br />