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City and the Bond Registrar duly executed by the Holder thereof or the Holder's attorney duly <br />authorized in writing) and the City shall execute and the Bond Registrar shall authenticate and <br />deliver to the Holder of the Bond, without service charge, a new Bond or Bonds of the same <br />series having the same stated maturity and interest rate and of any Authorized Denomination or <br />Denominations, as requested by the Holder, in aggregate principal amount equal to and in <br />exchange for the unredeemed portion of the principal of the Bond so surrendered. <br />6. Bond Re isg trar. Northland Trust Services, Inc., in Minneapolis, Minnesota, is <br />appointed to act as bond registrar and transfer agent with respect to the Bonds (the "Bond <br />Registrar "), and shall do so unless and until a successor Bond Registrar is duly appointed, all <br />pursuant to any contract the City and Bond Registrar shall execute which is consistent herewith. <br />The Bond Registrar shall also serve as paying agent unless and until a successor paying agent is <br />duly appointed. Principal and interest on the Bonds shall be paid to the registered holders (or <br />record holders) of the Bonds in the manner set forth in the form of Bond and paragraph 12. <br />7. Form of Bond. The Bonds, together with the Bond Registrar's Certificate of <br />Authentication, the form of Assignment and the registration information thereon, shall be in <br />substantially the following form: <br />4546551v1 <br />