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. <br /> 12/15/83 <br /> by law) interest shall be payable at the rate specified in the <br /> In�enture. The Bonds shall be subject to mandatory and <br /> optional redemption prior to maturity upon the terms an� <br /> conditions set forth in the In�enture. <br /> Principal and interest shall be payable at the <br /> principal office of the Trustee in Sheboygan, Wisconsin, excent <br /> as otherwise provided in the Indenture. <br /> The Bonds may be prepared in typewritten, �rinte� or <br /> engraved form. As provided in the Tndenture, the Bonds shall <br /> be issuable as fully registere� bon9s without coupons. The <br /> Bonds and the interest thereon shall be transferable by and <br /> shall be payable to the registered owners thereof in the manner <br /> and with the effect provided in the In�enture. <br /> The Bonds shall be signe� by the Mayor and atteste� to <br /> by the City Clerk of the Issuer , and the corporate seal of the <br /> Issuer shall be affixed thereto or imprinted thereon. The <br /> Bonds shall be delivered to the Bond Purchaser or its agents <br /> against payment in full of the purchase price therefor at par. <br /> B�JNDS ARE LIMITED OBLIGATION <br /> Section 4. The Bon�s, toqether with interest thereon, <br /> shall be l�.mite obligations of the Issuer secure3 by the <br /> Agreement and the Note, together with such other security as <br /> may be specified in the Commitment (except to the extent paid <br /> out of monies attributable to the Bond proceeds or income from <br /> the temporary investment thereof) , and shall be a valid claim <br /> of the hol�ers of the Bonds only against the funds and other <br /> monies held by the Trustee and the revenues and recei�ts �, <br /> 3erived from the Agreement, the Note, and such other security , <br /> for the Bonds as may be provided for in the Commitment, which ' <br /> revenues and receipts shall be use� for no other purpose than <br /> to pay the principal of and interest on the Bonds , except as <br /> may be expressly authorized otherwise in this Ordinance, the <br /> Agreement and the Indenture. The Bon�s and the obligation to <br /> pay interest thereon �o not now and shall never constitute an <br /> in�ebtedness or a loan of cre�it of the Issuer , the State of <br /> I1linois or any political sub�ivision thereof, or a charge <br /> against their general taxing powers , within the meaning of any <br /> constitutional or statutory provisions of the State of Illinois . <br /> -4- <br />