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shall be given by mailing a notice thereof by registered or certified mail at least thirty (30) days prior <br />to the date fixed for redemption to the registered owner of each Bond to be redeemed at the address <br />shown on the registration books. <br />1.06 The Bonds shall be payable as to principal at the office of the U.S. Bank Trust <br />National Association, St. Paul, Minnesota (the "Registrar "), or at the office of such other successor <br />registrar as the Issuer may hereafter designate upon 60 days' mailed notice to the registered owners. <br />If the stated maturity date for payment of principal of any Bonds shall not be a business day, then <br />such payment shall be made on the next succeeding business day with the same force and effect as <br />if made on the stated maturity, and without additional interest accruing thereon for the period after <br />such stated maturity. Interest on each Bond shall be payable by check or draft of the Registrar <br />mailed the last business day prior to the interest payment date to the registered holder thereof at his <br />or her address as it appears on the bond register at the close of business on the 15th day (whether or <br />not a business day) of the calendar month next preceding the interest payment date. For purposes <br />of this resolution "business day" shall mean any day other than a day on which banks in the City of <br />Minneapolis, Minnesota are authorized to be closed. <br />Section 2. Form and Execution of Bond. <br />2.01 The Bonds shall be in substantially the form as set forth in Exhibit A hereto, with the <br />necessary variations as to number, CUSIP number, rate of interest and date of maturity, the blanks <br />to be properly filled in. <br />2.02 As long as any of the Bonds issued hereunder shall remain outstanding, the Issuer <br />shall cause to be kept at the principal office of the Registrar the Register in which, subject to such <br />reasonable regulations as the Registrar may prescribe, the Registrar shall provide for the registration <br />of Bonds and the registration of transfers of Bonds. U.S. Bank Trust National Association, St. Paul, <br />Minnesota is hereby appointed Registrar, Transfer Agent and Paying Agent with respect to the <br />Bonds. <br />Upon surrender for transfer of any Bond with a written instrument of transfer satisfactory to <br />the Registrar, duly executed by the registered owner or his duly authorized attorney, and upon <br />payment of any tax, fee or other governmental charge required to be paid with respect to such <br />transfer, the Issuer shall execute and the Registrar shall authenticate and deliver, in the name of the <br />designated transferee or transferees, one or more fully registered Bonds of any authorized <br />denominations and of a like aggregate principal amount, interest rate and maturity. Any Bonds, <br />upon surrender thereof at the office of the Registrar, may at the option of the registered owner <br />thereof, be exchanged for an equal aggregate principal amount of Bonds of the same maturity and <br />interest rate of any authorized denominations. In all cases in which the privilege of exchanging or <br />transferring fully registered Bonds is exercised, the Issuer shall execute and the Registrar shall <br />deliver Bonds in accordance with the provisions of this Resolution. For every such exchange or <br />transfer of Bonds, whether temporary or definitive, the Issuer or the Registrar may make a charge <br />sufficient to reimburse it for any tax, fee or other governmental charge required to be paid with <br />respect to such exchange or transfer, which sum or sums shall be paid by the person requesting such <br />exchange or transfer as a condition precedent to the exercise of the privilege of making such <br />