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. <br /> the within Note and does hereby irrevocably constitute and appoint <br /> as attorney to transfer the said Note on the books kept for registration thereof with full power of <br /> substitution in the premises. <br /> Dated: <br /> Signature guaranteed: <br /> NOTICE: The signature to this assignment must correspond with the name of the Registered <br /> Owner as it appears upon the face of the within Note in every particular, without <br /> alteration or enlargement or any change whatever. <br /> Section 10. Security; Payment. The security for the payment of the Notes shall be as <br /> follows: (a) the proceeds of the Notes as and to the extent not committed by contract for <br /> expenditure on the Redevelopment Project, and (b) the full faith and credit of the City, to which <br /> as and to the extent necessary, for the purpose of providing funds required to pay the interest on <br /> the Notes promptly when and as the same falls due, and to pay and discharge the principal <br /> thereof at maturity, there is hereby levied upon all of the taxable property within the City, in the <br /> years for which any of the Notes are outstanding, a direct annual tax sufficient for that purpose. <br /> The City hereby additionally pledges the Incremental Property Taxes to the payment of the <br /> Notes, and the Corporate Authorities covenant and agree to comply with the requirements and <br /> provisions of the TIF Act to assure the collection and allocation of the Incremental Property <br /> Taxes as the TIF Act provides. <br /> The City covenants and agrees with the Bank that so long as any of the Notes remain <br /> outstanding, the City will take no action or fail to take any action which in any way would <br /> adversely affect the security for the Notes or the ability of the City to levy and collect taxes, if <br /> necessary, to pay the Notes. <br /> -15- �' <br />