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-11- <br /> <br />interest rate and maturity as the Bond surrendered, will be issued to the transferee in exchange <br />herefor. <br /> <br /> This Bond shall not be valid or obligatory unless the certificate of authentication <br />hereon shall have been manually signed by or' on behalf of the Registrar. <br /> <br /> The full fa/th and credit of the City are hereby irrevocably pledged to the payment <br />of the principal of and interest on this Bond as the same become due. The principal hereof and <br />interest hereon shall be payable from ad valorem taxes, without limitation of rate or amount, <br />upon ali property within the City subject to taxation by the City. <br /> <br /> It is hereby certified, recited and declared that al/ acts, conditions and things <br />required' to exist, happen or be performed precedent to and in the issuance of this Bond do exist, <br />have happened and have been performed in due time, form and manner as required by law, and <br />that the mount of this Bond, together with all other indebtedness of the City, does not exceed <br />any limitation of indebtedness prescribed by the Constitution or statutes of the Commonwealth <br />of Virginia or the Charter of the City. <br /> <br /> IN WITNESS WI:IEREOF, the City has caused this Bond to be executed by the <br />facsimile signatures of its Mayor and Director of Finance and a facsimile of the corporate seal <br />of the City to be imprinted hereon and attested by the facsimile signature of the City Clerk of <br />the City; and this Bond to be dated the first day of April, 1993. <br /> <br />[SEnLI <br /> <br />CITY OF PORTSMOUTI-I, VIRGINIA <br /> <br />Attest: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br />proceedings. <br /> <br /> Director of Finance <br /> CERTIFICATE OF AUTI~.NTICATION <br /> <br />This Bond is one of the Bonds delivered pursuant to the within-mentioned <br /> <br />Date of Authentication: <br /> <br />Director of Finance, Registrar <br /> <br /> <br />