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<br />''P. <br />~. 4 <br /> <br />1'10NDA Y <br /> <br />JANUARY 28, 1985 <br /> <br />- <br /> <br />redemption by mailing in the manner specified above shall be deemed to have <br />been duly given when mailed by the Bond Registrar. Provided funds for their <br />redemption are on deposit at the place of payment on the redemption date, all <br />Bonds so called for redemption shall cease to bear interest on such date and, <br />subject to the provisions of the Ordinance, shall no longer be secured by the <br />Ordinance and shall not be deemed to be outstanding under the provisions of <br />the Ordinance. <br /> <br />- <br /> <br />Upon surrender for transfer or exchange of any Bond at the office of the <br />Bond Registrar, the City shall execute and the Bond Registrar shall authenti- <br />cate and deliver in the name of the transferee a new Bond in the same princi- <br />pal amount as the Bond being transferred, subject in each case to such reason- <br />able regulations as the City or the bond Registrar may prescribe. All Bonds <br />presented for transfer, exchange, redemption or payment shall be accompanied <br />by a written instrument or instruments of transfer or authorization for ex- <br />change, in form and substance reasonably satisfactory to the City and the Bond <br />Registrar, duly executed by the registered owner or by his duly authorized <br />attorney-in-fact or legal representative. No Bond may be registered to bearer. <br /> <br />This Bond shall not be valid or obligatory for any purpose unless and <br />until authenticated by the Bond Registrar. <br /> <br />It is here certified and recited that all acts, conditions, and things <br />required by the Constitution, the statutes of the Commonwealth of Virginia and <br />the charter of the City to happen, exist or be performed precedent to the issu- <br />ance of this Bond have happened, existed or been performed in due time, form <br />and manner as so required and that the indebtedness evidenced by this Bond is <br />within every debt and other limit prescribed by the Constitution and statutes <br />of the Commonwealth of Virginia and the Charter of the City. <br /> <br />IN WITNESS WHEREOF, the City of Martinsville, Virginia, has caused this <br />Bond to be signed by its Mayor, its seal to be affixed and attested by its <br />Clerk and this Bond to be dated March 1, 1985. <br /> <br />CITY OF MARTINSVILLE, VIRGINIA <br /> <br />By <br /> <br />Mayor, City of Martinsville <br /> <br />(SEAL) <br /> <br />ATTEST: <br /> <br />Clerk, Council of the City of <br />Martinsville, Virginia <br /> <br />CERTIFICATE OF AUTHENTICATION <br /> <br />The undersigned Bond Registrar hereby certifies that this Bond is one of <br />a series of Bonds of the City of Martinsville, Virginia, in the aggregate <br />