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M 2.05 Execution of Bonds. The Bonds shall be executed in the name of the Issuer with the manual or facsimile signature of the Chairman of its Board of Coun.ty Commissioners and the cor- porate -seal of the Board of County Commissioners of the Issuer shall be impressed thereon, attested and countersigned with the manual or facsimile signature of the Clerk, provided that the signature of one of such officers shall be manually executed thereon. In case any one or more of the officers who shall have signed or sealed any of • the Bonds or whose facsimile signature shall appear thereon shall cease to be such officer of the Issuer before the Bonds so signed • and sealed have been actually sold and delivered, such Bonds may nevertheless be sold and delivered as herein provided and may be •issued as if the person who signed or sealed such Bonds had not ceased to hold such office. The validation certificate endorsed on -the Bonds shall be executed with the manual or facsimile signature of the Chairman of such Board. Any Bond may be signed and sealed on behalf of'the Issuer by such person who at the actual time of the execution of such Bond shall hold the proper office of the Issuer, although at the date of such Bonds such person may not have held such office or may not have been so authorized. The coupons attached to the Bonds shall be authenticated with the facsimile signatures of any present or future Chairman of such Board and Clerk of the Issuer. The Issuer may adopt and use for such purposes the facsimile signa- tures of any such persons who shall have held such offices at any time after the date of the adoption.of this instrument, notwith- standing that either or both shall have ceased to hold such office at the time the Bonds shall be actually sold and delivered. 2.06 Negotiability and Registration. The Bonds shall be and shall have all the qualities and incidents of negotiable instruments under the law merchant and the Laws of the State of Florida, and each successive holder, in accepting any of the Bonds or the coupons appertaining thereto, shall be conclusively. deemed to have agreed that the -Bonds shall be and have all of U10 qualities and incidents of negotiable instruments. .The Bonds may be registered, at the option of the holder, as to both principal and interest upon the books kept --6- . .... ,...... .. •.".::C';,ii•riis-i..�..».m^'::'i:�!I;:'.!":i'Y!'Y.'!t•.�:.: : 1 ..-T ct. r••n:.. pan.;�w..nma..a�,�x+ow�,rsees.a.son«. ,,.,u. �COK PAGE 0 JAN' 2 31910* . �1