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The Authority and the Trustee may deem and treat the registered owner hereof as the <br /> absolute owner hereof for the purpose of receiving payment of the interest hereon and <br /> principal hereof and for all other purposes, whether or not this Bond shall be overdue, and <br /> neither the Authority nor the Trustee shall be affected by any notice or knowledge to the <br /> contrary; and payment of the interest on and principal of this Bond shall be made only to <br /> such registered owner, which payments shall be valid and effectual to satisfy and discharge <br /> liability on this Bond to the extent of the sum or sums so paid. <br /> If the Authority shall pay or cause to be paid or there shall otherwise be paid to the <br /> registered owners of all outstanding Bonds the interest thereon, the principal thereof and the <br /> redemption premiums, if any, thereon at the times and in the manner stipulated herein and <br /> in the Indenture, then the registered owners of such Bonds shall cease to be entitled to the <br /> pledge of the Revenues as provided in the Indenture, and all agreements, covenants and <br /> other obligations of the Authority to the registered owners of such Bonds under the <br /> Indenture shall thereupon cease, terminate and become void and be discharged and satisfied. <br /> This Bond shall not be entitled to any benefit, protection or security under the <br /> Indenture or become valid or obligatory for any purpose until the certificate of <br /> authentication and registration hereon endorsed shall have been manually executed and <br /> dated by the Trustee. <br /> It is hereby certified that all acts and proceedings required by law necessary to make <br /> this Bond, when executed by the Authority, authenticated and delivered by the Trustee and <br /> duly issued, the valid, binding and legal limited obligation of the Authority have been done <br /> and taken, and have been in all respects duly authorized. <br /> A-4-8 <br />