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0 0 22 <br />BOOK 16 PACE 790 <br />a representative designated by said Secretary and the certificate <br />of authentication of the Bond Registrar to be endorsed on all <br />Bonds shall be executed as provided hereinafter. <br />In case any officer of the Issuer or the Local <br />Government Commission of North Carolina whose manual or facsimile <br />signature shall appear on any Bonds shall cease to be such <br />officer before the delivery of such Bonds, such manual or <br />facsimile signature shall nevertheless be valid and sufficient <br />for all purposes the same as if he had remained in office until <br />such delivery, and any Bond may bear the manual or facsimile <br />signatures of such persons as at the actual time of the execution <br />of such Bond shall be the proper officers to sign such bond <br />although at the date of such Bond such persons may not have been <br />such officers. <br />No Bond shall be valid or become obligatory for any <br />purpose or be entitled to any benefit or security under this <br />resolution until it shall have been authenticated by the <br />execution by the Bond Registrar of the certificate of <br />authentication endorsed thereon. <br />5. The Bonds and the endorsements thereon shall be in <br />substantially the following form: <br />-4- <br />