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fifteen (1B) days immediately preceding any interest payment date. <br /> <br /> The City and the Bank may treat the owner hereof as the <br />absolute owner for all purposes, and the City and the Bank shall <br />not be affected by any notice to the contrary. <br /> <br /> This bond or any portion of it in the amount of $8,000 <br />or any integral multiple thereof, may be redeemed and paid in <br />advance of maturity upon the second day of March or September in <br />any year by giving at least 80 days' notice by registered mail to <br />the registered owner hereof at such owner~s address as it appears <br />on the registration books of the Bank and by paying principal and <br />accrued interest together with a premium equal to five percentum <br />of the principal. <br /> <br /> I hereby certify that the following is a correct copy of <br />the signed legal opinion of STURGIS, NESS, BRUNSELL ~ SPERRY a <br />professional corporation, Emeryville, California, on file in my <br />office. <br /> <br /> City Clerk <br /> <br /> <br />