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National Association, in the City of Indianapolis, Indiana, as bond registrar (the "Bond <br /> Registrar"), at the close of business on the applicable Record Date (the "Record Date"). The <br /> Record Date shall be the 15th day of the month next preceding any regul ir or other interest <br /> payment date occurring on the 1 st day of any month and 15 days preceding a y interest payment <br /> date occasioned by the redemption of Bonds on other than the I st day of a month. Interest shall <br /> be paid by check or draft of the Paying Agent, payable upon presentation in lawful money of the <br /> United States of America, mailed to the address of such Registered Owner as it appears on such <br /> registration books or at such other address furnished in writing by such Regi tered Owner to the <br /> Bond Registrar, or as otherwise agreed b the Cit and Cede & Co. as nominee, or successor, for <br /> g � g Y Y > <br /> so long as this Bond is held by The Depository Trust Company, New York, New York, the <br /> depository, or nominee, in book-entry only form as provided for same. <br /> Reference is hereby made to the further provisions of this Bond set lbrth on the reverse <br /> hereof, and such further provisions shall for all purposes have the same effect as if set forth at <br /> this place. <br /> It is hereby certified and recited that all conditions, acts and thins required by the <br /> Constitution and Laws of the State of Illinois to exist or to be done precc dent to and in the <br /> issuance of this Bond, including the authorizing Act, have existed and have been properly done, <br /> happened and been performed in regular and due form and time as required by law; that the <br /> indebtedness of the City, represented by the Bonds, and including all other ndebtedness of the <br /> City, howsoever evidenced or incurred, does not exceed any constitutional or statutory or other <br /> lawful limitation; and that provision has been made for the collection of a airect annual tax, in <br /> addition to all other taxes, on all of the taxable property in the City sufficien to pay the interest <br /> hereon as the same falls due and also to pay and discharge the principal hereo at maturity. <br /> -16- <br />