12/6/1978 - Laserfiche WebLink

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.h -z t such Notes shall be and have all of the qualities and incidents of negotiable instruments under the law merchant and the Laws of the State of Florida. The Notes may be registered at the option of the holder as to principal and interest at the office of the Clerk of the Board, as Registrar, or such other Registrar as may be hereafter duly appointed, such registration to be noted on the back of the Notes in the space provided therefor. After such registration as to principal and interest, no transfer of the Notes shall be valid unless made at such office by written assignment of the registered owner, or by his duly authorized attorney, in a form satisfactory to the Registrar, and similarly noted on the Notes, but the Notes may be discharged from registration by being in like manner trans- ferred to bearer form and thereupon transferability by delivery shall be restored. At the option of the holder, the Notes may thereafter again from time to time be registered or transferred to bearer form as before. SECTION 10. FORML OF NOTES. The text of the Notes shall be in substantially the following form and tenor, with such variations, omissions and insertions as may be necessary, desirable and author- ized or permitted by this resolution or any subsequent resolution Adopted prior to the issuance thereof: S 1 i DEC 1978. -4-