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tr~n:3f~r in for~ satisfactory to the Bond Registrar duly executed by :-_h~ rcqi:n.i!re.l owner or his attorney duly authorized in ·..-rl.t.lll'J ,1nJ upon paymodnt by such registerecl owner of a sum suf- fi~i~~t. t~ cover any JOVernmental tax or c harge requi-ed to be p~1J ~s provi<.led in Sect.ion 2.12 of this Indenture. Upon any ~Ul:l\ r~c.J i:;t.raticn of transfer, the Issuer shall issue in the name or ':.:\e t.r.:1n:3ferode a new registered 13ond or Donds. rhe issuer, the Trustee, the Bond Registrar and any ?.l'fl.:11 ,\9ent. :nay deem and treat the registered owne r of any Bond -1» ':.:\<? -'.lr)solut.e owner of such Oond for ".he purpose of receiving ,wy ,>:it::it!nt Jn such ilond and for all other purpose s of this lnui!nture ,.rn<.l the Loan Agreement, whether such Bo nd shall be .>vcr.iu~ ·>r not., and neither the Issuer, nor the Trustee, nor the :3onci ;{eqistrar nor any Payin-3 Agent shall be affected by any :li.>t1..::L? r_o the contrary. Paym.ent of, or on account oE, the prin- ci9,1l Jt .inJ interest and redemption premium, if any, on any Dond sh..1 l l :,e :.1.:i...le to such registered owner or upon his written order. All ~uch pay~ents shall be valid and effectual to satisfy and lis.:n;:ir]~ the liability upon such Dond to the extent. of the sum ·.Jr .j u.:is :10 i:)a id. ~11 Donds issued under this Indenture shal l have such uttri~utes of negotiability as are provi<led under the laws of the State of Plorida. Section 2,10 Authentication. No Dond sha ll be secureu b/ ~hia Cndenture or en titled to the benefit hereof or shall be ~3LiJ ~r ooligatory for any purpose unless there shall be 1.1nJorse~I o n such Oond the Trustee's certificate of authentica- tion , ~ubstant.ially in the forra prescribed in this Indenture, exL?cuted i>y the manual signature of ,':l duly authorized signatory ci t.he ·rrustee; and such certificate on any Bond issued by the i,;suer .;hall be c oncl usive evidence and the only competent evi- Jodnce thut. such Bond has been uuly authenticated and delivered under thi,; Indenture. Section 2.11 Cancellation ~nd Destruction. Upon the surren.JiJr to the Trustee of any t:.empor.:iry or mut i lated Oona, or any ,Jon.1 transferred or excha nged for another Bond or Bonds, r..>r any JonJ ~c4uirert, re<.leemed or paid at maturity by the Trustee, t:ie :;.1 ,:te :;hall forthwith be cancell.arl an..I, at. the written reque~t uf th~ Issuer, be cre~ated or otherwise <lestroyeJ by the Trustee, and the Trustd~ shall, if such Bond is so cremated o~ ~estroyec1, deliver its certificate of such cremation or other destruction to the [~:-;u~r. dection 2,12 Miscellaneous. In all cuses in ~hich the ?rivildqe of exchan9ln3 Uonus or reylst.ering the transfer of -29-