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The Bonds are issuable only in the form of registered bonds, without <br />coupons, in the denominations of $5,000 principal amount or any integral multiple <br />thereof. <br />This Bond may be transferred only upon the books kept by the Bond <br />Registrar, on behalf of the County, upon surrender hereof at the designated <br />corporate trust office of the Bond Registrar with an assignment duly executed by <br />the Registered Owner or his duly authorized attorney, but only in the manner, <br />subject to the limitations and upon payment of a sum sufficient to cover any tax, <br />fee or governmental charge that may be imposed in connection with such transfer, <br />all as provided in the Resolution. Upon such transfer, there shall be executed <br />in the name of the transferee, and the Bond Registrar shall deliver, as early as <br />practicable, a new fully registered bond or bonds of authorized denominations in <br />the same aggregate principal amount and of the same series, maturity and interest <br />rate as this Bond. <br />In like manner, subject to said conditions and upon payment of any such <br />sum, this Bond may be surrendered at said office of the Bond Registrar in <br />exchange for an equal aggregate principal amount of new fully registered bonds <br />of authorized denominations of the same series, maturity and interest rate as <br />this Bond. <br />The County and the Bond Registrar shall not be required to issue or to <br />register the transfer of or exchange any Bonds then considered for redemption <br />during a period beginning at the close of business on the fifteenth (15th) day <br />next preceding any date of selection of Bonds to be redeemed and ending at the <br />close of business on the day of mailing the applicable notice of redemption, as <br />hereinafter provided, or to register the transfer of or exchange any portion of <br />any of the Bonds selected for redemption until after the redemption date. <br />It is hereby certified and recited that all acts, conditions and things <br />required to exist, to happen and to be performed precedent to and in the issuance <br />of this Bond exist, have happened and have been performed in regular and due form <br />and time as required by the Constitution and laws of the State of Florida <br />applicable thereto. <br />This Bond is and has all the qualities and incidents of a negotiable <br />instrument under the laws of the State of Florida. <br />[Insert redemption provisions) <br />In lieu of any mandatory redemption of the Bonds, the County may purchase <br />Bonds and tender them to the Paying Agent, all as more fully provided in the <br />Resolution. <br />If less than all Bonds of any one maturity are to be redeemed, the Bonds <br />of such maturity to be redeemed shall be drawn by lot by the Paying Agent. For <br />the purposes of redemption, if this Bond is of a denomination larger than $5,000, <br />it shall be treated as representing that number of Bonds which equals the number <br />obtained by dividing the principal amount hereof by $5,000, each $5,000 portion <br />of this Bond being subject to redemption. In case of partial redemption of this <br />Bond, payment of the redemption price shall be made only upon surrender of this <br />Bond in exchange for Bonds of authorized denominations and of the same maturity <br />and interest rate as this Bond, in aggregate principal amount equal to the <br />unredeemed portion of the principal amount hereof. <br />11 <br />