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principal corporate trust office of , in the City of , , <br /> as paying agent (the "Paying Agent"). Payment of interest shall be made to the Registered <br /> Owner hereof as shown on the registration books of the City maintained by <br /> , in the City of , , 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 regular or other interest <br /> payment date occuning on the first day of any month and 15 days preceding any interest <br /> payment date occasioned by the redemption of Bonds on other than the first day of a month. <br /> Interest shall be paid by check or draft of the Paying Agent,payable upon presentation in lawful <br /> money of the United States of America, mailed to the address of such Registered Owner as it <br /> appears on such registration books or at such other address furnished in writing by such <br /> Registered Owner to the Bond Registraz, or as otherwise agreed by the City and Cede &Co., as <br /> nominee, or successor, for so long as this Bond is held by The Depository Trust Company,New <br /> York,New York,the 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 forth on the reverse <br /> hereof, and such further provisions shall for a11 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 regulaz 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 incuned, dces 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 /> -18- <br />