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':..at such Notes shall be and have all of the qualities and incidents <br />of negotiable instruments under the law merchant and the Laws of <br />the State of Florida. <br />The Notes may be registered at the option of the holder <br />as to principal and interest at the office of the Clerk of the Board, <br />as Registrar, or such other Registrar as may be hereafter duly <br />appointed, such registration to be noted on the back of the Notes <br />in the space pi:ovided therefor. After such registration as to <br />Principal and interest, no transfer of the Notes shall be valid <br />unless mace at such office by Written assign.,{pnt Oi. the registered <br />Owner, or by his duly authorized attorney, in a :Ori Sat15LaCt0'}' <br />to "he ..e-Ci_„_rcr, a:,c zimilar O <br />��}' . T{ teC on tnn Notes, but the Notes <br />_ o:{ _ Qe] ig__..c r.l::;{ ger trans <br />derrrd tq bearer for-- and <br />shr,11 be restore--. At the hn?, _ <br />w , _ _r, the totes may <br />..:l F'.rt.:a-_r :•mac i{ _`�C,i'. L�Trr ta "o• - - - <br />_ , .__._.C.; c- _..ans-erred to <br />bearer for;, as befo-e. <br />..7-C:_Gri <br />ar: .ubstan t_a_�l <br />_ e <br />fo.lo� <br />un <br />Variations, <br />Omi-_ions and <br />_,.t ras a.1 <br />n— all nor <br />izcd C3_ pe. _Wt_� <br />_...5- <br />• _- <br />_ -..-_'J:{ L. a. _ ..a...'t,S?;7"16.':Srr:L't1Gn <br />ado. cr3 Drior <br />tG theISSUE:. <br />-4- <br />