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� } <br /> 1 � <br /> aaent (the "Paying Agent"). Payment of interest shall be made to the Registered Owner hereof as <br /> shown on the registration books of the City maintained by said National City Bank, as bond <br /> registrar (the "Bond Registrar"), at the close of business on the applicable Record Date (the <br /> "Record Date"). The Record Date shall be the 15th day of the month preceding any regular or <br /> other interest payment date occurring on the first day of any month and 15 days preceding any <br /> - interest payment date occasioned by the redemption of Bonds on other than the first day of a- <br /> month. Interest shall be paid by check or draf[of the Paying Agent, payabls upon presentation in <br /> lawful money of the United States of America, mailed to the address of such Registered Owner <br /> as it appears on such registration books or at such other address furnished in writing by such <br /> Re�stered Owner to the Bond 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 o�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 /> -17- <br />