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2A4 Agent. Payment of the principal of and interest on *..he Bonds shall be made payable in accordance with the provisions set forth in Sections 206 and 207 of this Indenture. Section 204. Certificates of Authentication and Re istration. Only such of the Bonds as she 1 have endorsed ereon certificates executed by the Clerk of the Issuer, the Trustee and the Bond Registrar, substantially in the forms set forth above in this Indenture, shall he entitled to any benefit or security under this Indenture. No Bond shall be valid or obligatory for any purpose unless and until both such certificates shall have been duly executed. Such executed certificates upon any such Bond shall be conclusive evident: that such Bond has been duly registered, authenticated and delivered under this Indenture. The Trustee's Certificate of Authentication on any Bond shall be deemed to have been duly executed if signed by an authorized officer of the Trustee, but it shall not be necessary that the same officer sign the Certificate of Authentication on all of the Bonds that may be issued hereunder at any one time. Section 205. Negotiability. The Bonds shall have, and are hereby declared to have, all the qualities and incidents, including negotiability, of investment securities under the Uniform Commercial Code of the State . Section 206. Re istration and Transfer of Bonds. As long as any of the Series 1981 Bonds issued hereun er shall remain outstanding, the Issuer shall cause books for the registration and for the transfer of the Bonds as provided in this Indenture to be kept by The Overland National Bank of Grand Island, Grand Island, Nebraska, which is hereby constituted and appointed the Bond Registrar of the Issuer. This Series 1981 Bonds issued hereunder shall be registered on said books as to principal and interest on such hooks. Any such registered Bond may be transferred only upon duly endorsing said Bond for transfer or upon an assignment duly executed by the registered owner or his attorney or legal representative in such form as shall be satisfactory to the Bond Registrar, and such transfer to be made on such books and endorsed on the Bond by the Bond Registrar. Upon aurreAder for transfer of any fully registered Bond at the principal office of the Trustee, the Issuer shall execute and the Trustee shall authenticate and deliver in the name of the transferee or transferees a new fully registered Band or Bonds for a like aggregate principal amount. Such transfer may be to bearer and thereby transferability by delivery shall be restored, subject, however, to successive registrations as before. No charge shall be made to any Bondholder for the privilege of registration or transfer hereinabove granted, however, any Bondholder requesting any such registration or transfer shall pay any tax, fee or 27 u