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books of the City maintained by National City Bank of Michigan/Illinois c/o National City Bank <br /> of Indiana, in the City of Indianapolis, Indiana, as bond registrar (the "Bond Registrar"), at the <br /> close of business on the applicable Record Date (the "Record Date"). The Recard Date shall be <br /> the 15th day of the month next preceding any regular or other interest payment date occurring <br /> on the 1 st day of any month and 15 days preceding any interest payment date occasioned by the <br /> redemption of Bonds on other than the lst day of a month. Interest shall be paid by check or <br /> draft of the Paying Agent, payable upon presentation in lawful money of the United States of <br /> America, mailed to the address of such Registered Owner as it appears on such registration <br /> books or at such other address furnished in writing by such Registered Owner to the Bond <br /> Registrar. <br /> Reference is hereby made to the further provisions of this Bond set forth 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 things required by the <br /> Constitution and Laws of the State of Illinois to exist or to be done precedent 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 indebtedness 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 direct annual tax, in <br /> addition to all other taxes, on all of the taxable property in the City sufficient to pay the interest <br /> hereon as the same falls due and also to pay and discharge the principal hereof at maturity. <br /> This Bond shall not be valid or become obligatory for any purpose until the certificate of <br /> authentication hereon shall have been signed by the Bond Registrar. '�, <br /> -18- I�� <br />