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payments so made to any such registered owner or upon the owner's order shall be valid and <br />effectual to satisfy and discharge the liability of the City upon such Note to the extent of the sum <br />or sums so paid. <br />(f) Taxes, Fees and Charges. For every transfer or exchange of the Note, the <br />Registrar may impose a charge upon the owner thereof sufficient to reimburse the Registrar for <br />any tax, fee, or other governmental charge required to be paid with respect to such transfer or <br />exchange. <br />(g) Mutilated, Lost, Stolen or Destroyed Note. In case any Note shall become <br />mutilated or be lost, stolen, or destroyed, the Registrar shall deliver a new Note of like amount, <br />maturity dates and tenor in exchange and substitution for and upon cancellation of such mutilated <br />Note or in lieu of and in substitution for such Note lost, stolen, or destroyed, upon the payment <br />of the reasonable expenses and charges of the Registrar in connection therewith; and, in the case <br />the Note lost, stolen, or destroyed, upon filing with the Registrar of evidence satisfactory to it <br />that such Note was lost, stolen, or destroyed, and of the ownership thereof, and upon furnishing <br />to the Registrar of an appropriate bond or indemnity in form, substance, and amount satisfactory <br />to it, in which both the City and the Registrar shall be named as obligees. The Note so <br />surrendered to the Registrar shall be cancelled by it and evidence of such cancellation shall be <br />given to the City. If the mutilated, lost, stolen, or destroyed Note has already matured or been <br />called for redemption in accordance with its terms, it shall not be necessary to issue a new Note <br />prior to payment. <br />3.04. E nation and Delivery. The Note shall be prepared under the direction of the <br />City Clerk and shall be executed on behalf of the City by the signatures of its Mayor and City <br />Clerk. In case any officer whose signature shall appear on the Note shall cease to be such officer <br />before the delivery of the Note, such signature shall nevertheless be valid and sufficient for all <br />purposes, the same as if such officer had remained in office until delivery. Notwithstanding such <br />execution, the Note shall not be valid or obligatory for any purpose or entitled to any security cr <br />benefit under this Resolution unless and until a certificate of authentication on such Note has been <br />duly executed by the manual signature of an authorized representative of the Registrar. Certificates <br />of authentication on different Note certificates need not be signed by the same representative. The <br />executed certificate of authentication on each Note shall be conclusive evidence that it has been <br />authenticated and delivered under this Resolution. When the Note has been so executed and <br />authenticated, it shall be delivered by the City Clerk to the Owner upon payment of the purchase <br />price therefor, and the Owner shall not be obligated to see to the application of the purchase <br />price. <br />Section 4. Security Provisions. <br />4.01. Pled¢e. The City hereby pledges to the payment of the principal of and interest <br />on the Note all Available Tax Increment as defined in the Note. Available Tax Increment shall <br />be deposited in the Debt Service Fund in accordance with Section 4.03 hereof and applied to <br />payment of the principal of and interest on the Note in accordance with the terms of the form of <br />Note set forth in Section 2 of this Resolution. <br />10 <br />