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-8- A copy of the complete final legal opinion with respect to the Bonds, with the name of the attorney or attorneys rendering same, together with a certification of the City Clerk, executed by a facsimile signature of that officer, to the effect that such copy is a kine and correct copy of the legal opinion which was dated as of the date of delivery of and payment for the Bonds, may be printed .on the Bonds. 7. The Bonds shall be in substantially the following form: UNITED STATES OF AMlv, KICA COlVIMONWEALTIt OF VIRGINIA CITY OF PORTSMOUTH GENERAL OBLIGATION PUBLIC IMPROVEMENT REFUNDING BOND, SERI]*-S 1993 No. PIR.-93- IN'rF_,R~T MATURITY RATE: DATE: DATE OF BOND: .CUSIP NO.: % AUGUST 1, APRIL 1, 1993 737237 REGISTER~-D OWNER: CEDE & CO. PRINCIPAL SUM: DOI J.AllS The City of Portsmouth, a municipal corporation of the Commonwealth of Virginia (the "City"), for value received, acknowledges itself indebted and hereby promises to pay to the Registered Owner (named above), or registered assigns, on the Maturity Date (specified above) unless this Bond shall have been duly called for previous,redemption and payment of the redemption price duly made or provided for, the Principal Sum (specified above) and to pay interest on such Principal Stun on the first day of August, 1993 and semiannually on the first day of February and the first day of August of each year thereafter (each such date is hereinafter referred to as an "interest payment date"), from the date hereof or from the interest payment date next preceding the date of authentication hereof to which interest shall have been paid, unless such date of authentication is an interest payment date, in which case, from such interest payment date, or unless such date of authentication is within the period from the sixteenth (16th) day to the last day of the calendar month next preceding the following interest payment date, in which case from such following interest payment date, such interest to be paid until the maturity or redemption hereof at the Interest Rate (specified above) per anmlm, by check mailed by the Registrar hereinafter mentioned to the Registered Owner in whose name this Bond is registered upon the books of registry of the City kept by the Registrar as of the close of business on .the fifteenth (15th) day (whether or not a business day) of the calendar month next preceding each interest payment date at his address as it appears on such books of registry. The principal of and premium, if any, on this Bond are payable on presentation and surrender 227O2.2