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sufficient for all purposes the same as if he has remained in office until such delivery. Any Series 1996 Bond may bear the facsimile signature of or may be signed by such persons who, at the actual time of the execution of the Series 1996 Bond, shall be the proper officers to sign such Series 1996 Bonds although at the date of the Series 1996 Bond such persons may not have been such officers. SECTION 9. AUTHENTICATION OF SERIES 1996 BONDS. Only such of the Series 1996 Bonds as shall have endorsed thereon a certificate of authentication substantially in the form set forth in the Original Resolution, duly executed by the Registrar, as authenticating agent, shall be entitled to any benefit or security under the Original Resolution and this Resolution. No Series 1996 Bond shall be valid or obligatory for any purpose unless and until such certificate of authentication shall have been duly executed by the Registrar, and such certificate of the Registrar upon any such Series 1996 Bond shall be conclusive evidence that such Bond has been duly authenticated and delivered under this Resolution. The Registrar's certificate of authentication on any Bond shall be deemed to have been duly executed if signed by an authorized officer of the Registrar, but it shall not be necessary that the same officer sign the certificate of authentication of all of the Series 1996 Bonds that may be issued hereunder at any one time. SECTION 10. EXCHANGE OF SERIES 1996 BONDS. Any Series 1996 Bonds, upon surrender thereof at the principal corporate trust office of the Registrar, together with an assignment duly executed by the Bondholder or his attorney or legal representative in such form as shall be satisfactory to the Registrar, may, at the option of the Bondholder, be exchanged for an aggregate principal amount of Series 1996 Bonds equal to the principal amount of the Bond or Bonds so surrendered. The Registrar shall make provision for the exchange of Series 1996 Bonds at the principal corporate trust office of the Registrar. SECTION 11. NEGOTIABILITY, REGISTRATION AND TRANSFER OF SERIES 1996 BONDS. The Registrar shall keep books for the regis- tration of and for the registration of transfers of Series 1996 Bonds as provided in the Original Resolution. The transfer of any Series 1996 Bonds may be registered only upon such books and only upon surrender thereof to the Registrar together with an assignment duly executed by the Bondholder or his attorney or legal represen- tative in such form as shall be satisfactory to the Registrar. Upon any such registration of transfer the County shall execute and the Registrar shall authenticate and deliver in exchange for such Bond, a new Bond or Bonds registered in the name of the transferee, and in an aggregate principal amount equal to the principal amount of such Bond or Bonds so surrendered. In all cases in which Series 1996 Bonds shall be exchanged, the County shall execute and the Registrar shall authenticate and deliver, at the earliest practicable time, a new Bond or Bonds in