1985-075 - Laserfiche WebLink

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-14- for the aggregate principal amount which the Registered Owner is ® entitled to receive, provided, however, that Current Interest Paying Bonds may only be exchanged for new Current Interest Paying Bonds and Capital Appreciation Bonds may only be exchanged for new Capital Appreciation Bonds. All Bonds presented for transfer., exchange, redemption or payment (if so required by the Issuer or the Bond Registrar) shall be accompanied by a written instrument or instruments of transfer • or authorization for exchange, in form and with guaranty of signa- ture satisfactory to the Issuer or the Bond Registrar, duly exe- cuted by the Registered Owner or by his duly authorized attorney. The Bond Registrar or the Issuer may require payment from the Registered Owner or transferee only of a sum sufficient to cover any tax, fee or other governmental charge that may be imposed in connection with any exchange or transfer of the Bonds. Such charges and expenses shall be paid before any such new Bond shall be delivered. Interest shall be paid on such dates as are set forth in a subsequent resolution to the Registered Owner whose name appears on the books of the Bond Registrar as of 5:00 p.m. (local time at the location of the Bond Registrar) on the Record Date. New Bonds delivered upon any transfer or exchange shall be valid obligations of the Issuer., evidencing the same debt as the Bonds surrendered, shall be secured by this Resolution, and shall be entitled to all of the security and benefits hereof to the same extent as the Bonds surrendered. The Issuer and the Bond Registrar may treat the Registered Owner of any Bond as the absolute owner thereof for all purposes, whether or not such Bond shall be overdue, and shall not be bound by any notice to the contrary. The person in whose name any Bond is registered may be deemed the owner thereof by the Issuer and the Bond Registrar, and any notice to the contrary shall not be binding upon the Issuer or the Bond Registrar. Notwithstanding the foregoing provisions of this Section -14-