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Authentication. This Bond shall not be valid or become <br /> obligatory for any purpose or be entitled to any security unless <br /> the Certificate of Authentication hereon shall have been executed <br /> by the Bond Registrar. <br /> Not Qualified Tax-Exempt Obligation. This Bond has not <br /> been designated by the Issuer as a "qualified tax-exempt <br /> obligation" for purposes of Section 265 (b) (3) of the Internal <br /> Revenue Code of 1986, as amended. <br /> 1194249.1 14 <br />