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VALIDATION CERTIFICATE <br />This bond is one of the series of bonds which were vali- <br />dated and confirmed by judgment of the Circuit Court for Indian <br />River County, Florida rendered on the day of _ <br />19 <br />Chair-- man, Board of County Commis- <br />sioners <br />PROVISION FOR REGIS'T'RATION <br />This obligation may be registered as to principal only in <br />the name of the holder on the books to be kept by the Clerk of the <br />Board of County Commissioners of Indian River. County, Florida, as <br />Registrar, or such other Registrar as may be hereafter duly appointed, <br />such registration being noted hereon by such Registrar in the <br />registration blank below, after which no tran.,fer small be valid <br />unless made by written assignment on said books by the registered <br />holder or attorney duly authorized and similarly noted in the <br />registration blank below, but it may be discharged from registration <br />by being transferred to bearer, after which it shall be transferable <br />by delivery, but it may be again registered as before. The regis- <br />tration of this obligation as to principal shall not restrain the <br />negotiability of the coupons by delivery merely. <br />DATE. OF IN WHOSE NAME SIGNATURE OF <br />REGISTRATION REGISTERED REGISTRAR <br />