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a, <br />executed with the manual or facsimile signature of the Chairman of <br />the Board. <br />SECTION 8. NEGOTIABILITY. The Bonds issued hereunder <br />shall be and shall have all of the qualities and incidents of <br />negotiable instruments under the laws of the State of Florida, and <br />each successive holder, in accepting any of the Bonds, shall be <br />conclusively deemed to have agreed that such Bonds shall be and <br />have all of the qualities and incidents of negotiable instruments <br />under the laws of the State of Florida. <br />SECTION 9. REGISTRATION. The Bond Registrar shall be <br />responsible for maintaining books for the registration, transfer <br />and exchange of the Bonds. <br />All Bonds presented for transfer, exchange, redemption or <br />payment (if so required by the Board or the Bond Registrar) shall <br />be accompanied by a written instrument or instruments of transfer <br />or authorization for exchange, in form and with guaranty of <br />signature satisfactory to the Board or the Bond Registrar, duly <br />executed by the Registered Owner or by his duly authorized <br />attorney. In the case of partial redemption of a Bond, and in lieu <br />of issuing a new Bond or Bonds in the aggregate principal amount <br />then outstanding on the Bond after such redemption, the District <br />may, at its option, instruct the Bond Registrar to note on the Bond <br />the principal amount of such redemption, the date of redemption and <br />the outstanding principal amount of such Bond after such <br />redemption, and return the Bond to the Registered Owner. <br />Upon surrender to the Bond Registrar for transfer or <br />exchange of any Bond accompanied by an assignment or written <br />authorization for exchange, whichever is applicable, duly executed <br />by the Registered Owner or his attorney duly authorized in writing, <br />the Bond Registrar shall deliver in the name of the Registered <br />Owner or the designated transferee or transferees, as the case may <br />be, a new fully registered Bond or Bonds of authorized <br />denominations and of the same maturity and interest rate, in an <br />aggregate principal amount equal to the principal amount that <br />remains outstanding with respect to such Bond so surrendered. <br />The Bond Registrar or the Board may require payment from <br />the Registered Owner or his transferee of a sum sufficient to cover <br />any tax, fee or other governmental charge that may be imposed in <br />connection with any transfer or exchange of the Bonds. Such <br />charges and expenses shall be paid before any such new Bond shall <br />be delivered. <br />Interest on the Bonds shall <br />Owner whose name appears on the books <br />5:00 P.M. local time at the location <br />Record Date. <br />2 <br />be paid to the Registered <br />of the Bond Registrar as of <br />of the Bond Registrar on the <br />