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W. <br />PLEASE INSERT SOCIAL SECURITY <br />OR OTHER IDENTIFYING NUMBER <br />OF ASSIGNEE: <br />NOTICE: The signature(s) to this assignment <br />must correspond with the name as it appears upon <br />the face of the within Bond in every particular, <br />without alteration, enlargement or any change <br />whatsoever. <br />Signature(s) must be guaranteed by an <br />"eligible guarantor institution" meeting the <br />requirements of the Bond Registrar, which <br />requirements include membership or participation <br />in the Securities Transfer Association Medalion <br />Program (STAMP) or such other "signature <br />guaranty program" as may be determined by the <br />Bond Registrar in addition to or in substitution <br />for STAMP, all in accordance with the Securities <br />Exchange Act of 1934, as amended. <br />[End of Bond Form.] <br />2.08. Use of Securities Depository; Book -Entry Only System. The provisions of this <br />Section shall take precedence over the provisions of Sections 2.01 through 2.07 to the extent they <br />are inconsistent therewith. <br />(a) The Depository Trust Company ("DTC") has agreed to act as securities depository <br />for the Bonds, and to provide a Book -Entry Only System for registering the ownership interest of <br />the financial institutions for which it holds the Bonds (the "DTC Participants"), and for <br />distributing to such DTC Participants such amount of the principal and interest payments on the <br />Bonds as they are entitled to receive, for redistribution to the beneficial owners of the Bonds as <br />reflected in their records (the "Beneficial Owners"). <br />(b) Initially, and so long as DTC or another qualified entity continues to act as securities <br />depository, the Bonds shall be issued in typewritten form, one for each maturity in a principal <br />amount equal to the aggregate principal amount of each maturity, shall be registered in the name <br />of the securities depository or its nominee, shall be subject to the provisions of this Section 2.08, <br />and no Beneficial Owner shall have the right to receive a certificate of ownership or printed <br />Bond. While DTC is acting as the securities depository, the Bonds shall be registered in the <br />name of the DTC's nominee, CEDE & CO; provided that upon delivery by DTC to the City and <br />the Registrar of written notice to the effect that DTC has determined to substitute a new nominee <br />in place of CEDE & CO., the words "CEDE & CO." in this Order shall refer to such new <br />nominee of DTC. <br />With respect to Bonds registered in the name of a securities depository or its nominee, the <br />City and the Registrar shall have no responsibility or obligation to any DTC Participant or <br />-10- <br />