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221 <br /> together with an assignment duly executed by the registered owner <br /> or his attorney or legal representative in such form as shall be <br /> satisfactory to the Bond Registrar. Upon any such registration <br /> of transfer, the Bond Registrar shall authenticate and deliver in <br /> exchange for such bond a new bond or bonds, registered in the <br /> name of the transferee, of any denomination or denominations <br /> authorized by this resolution, in an aggregate principal amount <br /> equal to the unredeemed principal amount of such bond so <br /> surrendered, of the same maturity and bearing interest at the <br /> same rate. The transfer of a bond awarded to the FmHA may be <br /> registered by the registered 'owner thereof only upon an execution <br /> of an assignment thereof duly executed by such registered owner <br /> or his attorney or legal representative. Notice of such <br /> assignment shall be given promptly by the assignor to the Bond <br /> Registrar by registered mail, such notice to be in such form as <br /> shall be satisfactory to the Bond Registrar, and upon receipt of <br /> such notice such bond shall be registered as to both principal <br /> and interest on such registration books in the name of the <br /> assignee named in such notice. <br /> In all cases in which bonds shall be exchanged or the <br /> transfer of bonds shall be registered hereunder and a new bond or <br /> bonds are to be delivered in exchange therefor, the Bond <br /> Registrar shall authenticate and deliver at the earliest <br /> practicable time bonds in accordance with the provisions of this <br /> resolution. All bonds surrendered in any such exchange or F —: <br /> registration of transfer shall forthwith be cancelled by the Bond <br /> Registrar. The Bond Registrar shall not be required to make any <br /> such exchange or registration of transfer of (i) any bond during <br /> a period beginning at the opening of business fifteen (15) days <br /> before the day of the mailing of a notice of redemption of bonds <br /> or any portion thereof and ending at the close of business on the <br /> -8- <br /> BROWN C WOOD.ONE WORLD TRADE CENTER.NEW YORK.N.Y.10040 <br />