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registered owner of such Bond, without service charge, a new <br />Bond or Bonds of the same series having the same stated <br />maturity and interest rate and of any authorized denomination <br />or denominations, as requested by such registered owner, in <br />aggregate principal amount equal to and in exchange for the <br />unredeemed portion of the principal of the Bond so <br />surrendered. <br />7. Bond Registrar. American National Bank and <br />Trust Company, in St. Paul, Minnesota, is appointed to act as <br />bond registrar and transfer agent with respect to the Bonds <br />(the "Bond Registrar"), and shall do so unless and until a <br />successor.Bond Registrar is duly appointed, all pursuant to <br />any contract the City and Bond Registrar shall execute which <br />is consistent herewith. The Bond Registrar shall also serve <br />as paying agent unless and until a successor paying agent is <br />duly appointed. Principal of and interest on the Bonds shall <br />be paid to the registered owners of the Bonds in the manner <br />set forth in the form of Bond and paragraph 13 of this <br />resolution. <br />8. Form of Bond. The Bonds, together with the Bond <br />Registrar's Certificate of Authentication, the form of <br />Assignment and the registration information thereon, shall be <br />in substantially the following form: <br />