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00519. <br />' if registered as to principal, shall be payable to ,or upon.the <br />order of the registered owner or his legal representative, upon. <br />',presentation and surrender of the`bond at the principal office of <br />the Paying Agdnt. Payment aforesaid shall be made tin,lawful, money <br />.,Of the United States of America. <br />Section 202. The bonds shall,be executed on behalf of the <br />County with the official manual signature of ';the Chairman.of :its <br />Board -of Supervisors and attested with the�'gfic'ial manual signa-_, <br />tore of its County Clerk, and shall have impressed,thereon the - <br />official corporate seal of the County. Thelinterest coupons shall <br />i <br />be executed by .facsimiles of the official signatures of said'.Chair- <br />j, <br />man and Clerk, and all such facsimiles shall] have the same force <br />and effect as if such Chairman and Clerk had•manually signed each <br />of such coupons The bonds;, together with: the interest" thereon, <br />shall be limited obligations of the County',; payable from the Bond <br />Fund, as hereinafter set forth, and shall be a valid claim of the <br />respective -owners thereof 'only against such fund and the revenues . <br />and income from the leasing of the Projectl pledged to such fund <br />e .. <br />(but in addition shall be secured by. a mortpigage ' lien on the " Project <br />Ill <br />acquired with the proceeds ;of the bonds),ftrhich revenues, income <br />and other property are.hereby pledged andmortgaged for the equal <br />. <br />and ratable payment of the bonds and shall; be used for no other <br />{j <br />purposes than to pay the principal of and! `interes`t' on the bonds, <br />except as may be otherwise expressly authorized in this Mortgage. <br />The bonds and :the interest thereon shall never constitute an indebt- <br />edness of the County within the meaning of;any state constitutional <br />provision or statutory limitation and shall never constitute nor <br />give rise to a pecuniary liability of the 'County 'or a charge against. <br />its general credit or taxing powers. in case any officer whose signa- <br />ture shall appear -on the bonds shall ceaseto be ';such officer before <br />.the delivery of -such bonds, such signature'shall nevertheless, be <br />valid and sufficient for all purposes, th�eisame as if he had remained <br />in office until delivery. - <br />{ <br />11-2 <br />