RES 02047 - Laserfiche WebLink

the City and authenticated by the Trustee to the Owner thereof in exchange therefor. The Trustee shall require the payment by the Owner requesting such transfer or exchange of any tax or other governmental charge required to be paid with respect to such transfer or exchange. The Trustee may treat the Ov.ner hereof as the absolute owner hereof for all purposes. whether or not this Bond shall be overdue, and the Trustee shall not be affected by any knowledge or notice to the contrary: and payment of the interest and principal and redemption premium. if any. evidenced by this Bond shall be made only to such Owner. which pa)ments shall be valid and effectual to satisfy and discharge liability evidenced by this Bond to the extent of the sum or sums so paid. The Trustee shall not be obligated to make any such registration of transfer or exchange of Bonds during the fifteen (15) day period prior to the date on which notice of redemption must be mailed pursuant to the Indenture. or with respect to any Bond which has been selected for redemption pursuant to the Indenture (except any unredeemed portion thereof). [REDEMPTION PROVISIONS TO COME] As provided in the Indenture. notice of redemption hereof shall be mailed. first class postage redeemed, not less than thirty (30) nor more than forty-five (45) days prior to the redemption date. to the Owner of this Bond at such O\\ner's address as it appears in the registration books maintained by the Trustee. but failure to give any such notice or any defect therein shall not affect the validity of the proceedings for the redemption of this Bond, If this Bond is called for redemption and payment is duly provided therefor as specified in the Indenture. the interest evidenced hereby shall cease to accrue from and after the date fixed for redemption, The Trustee has no obligation or liability to the Owners of the Bonds for the payment of the interest or principal or redemption premiums. if any. on the Bonds: but rather the Trustee's sole obligations are to administer. for the benefit of the City and the Owners of the Bonds. the various funds established under the Indenture. This Bond shall not be entitled to any benefit. protection or security under the Indenture or become valid or obligatory for any purpose until certificate of authentication and registration hereon endorsed shall have been manually executed and dated by the Trustee. It is hereby certified that all acts and proceedings required by law necessary to make this Bond. when executed by the City. authenticated and delivered by the Trustee and duly issued. the valid. binding and legal limited obligation of the City have been done and taken. and have been in all respects duly authorized. IN WITNESS WHEREOF. the City of Pleasant on has caused this Bond to be executed in its name and on its behalf by the manual or facsimile signature of its City Manager and attested to by the manual or facsimile signature of its City Clerk. and has caused this Bond to be dated as of the dated date set forth above. A-3 Pleasanton Cross Town Indenture (2).DOC