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- 9 <br /> <br /> Subject to the limitations and upon payment of the <br />charges, if any,.provided in the proceedings authorizin~ the <br />Bonds of t~e series of which this Bond is one, this Bon~ may be <br />exchanged at the principal office of the Registrar for a like <br />aggregate principal amount of Bonds of other authorized principal <br />amounts and of the series of which this Bond is one. This Bond <br />is transferable by the Registered Owner hereof, in person or by <br />his attorney duly authorized in writing, on the books of registry <br />kept by the Registrar for such purpose at the principal office of <br />the Registrar but only in the manner, subject to the limitations <br />and upon payment of the charges, if any, provided in the <br />proceedings authorizing the Bonds of the series of which this <br />Bond is one, and upon the surrender hereof for cancellation. <br />Upon such transfer a new Bond or Bonds of authorized <br />denominations and of the same aggregate principal amount, series, <br />interes~ ra~e and maturity as the Bond surrendered, will be <br />issued to the transferee in exchange herefor. <br /> <br /> The full faith and credit of the City are hereby <br />irrevocably pledged to the punctual payment of the principal of <br />and interest on this Bond as the same r~spectively become due and <br />payable. In each year while this Bond is outstanding and unpaid, <br />there shall be assessed, levied and collected, at the same time <br />and in the same manner as other taxes in the City are assessed, <br />levied and collected, an ad valorem tax upon all property subject <br />to taxation by the City, without limitation as to rate or amount, <br />sufficient to provide for the payment of the principal of and <br />interest on this Bond as the same respectively become due and <br />payable. <br /> <br /> This Bond shall not be valid or obligatory unless the <br />certificate of authentication hereon shall have been manually <br />signed by or on behalf of the Re~g%strar. <br /> <br /> It is hereby certified, recited and declared that all <br />acts, conditions and things required to have happened, to exist <br />and to be performed precedent to and in the issuance of this Bond <br />and the issue of which it is a part do exist, have happened and <br />have been performed in due time, form and manner as required by <br />law, and that the amount of this Bond, together with all other <br />indebtedness of the City, does not exceed any limitation of <br />indebtedness prescribed by the Constitution or statutes of the <br />Commonwealth of Virginia or the Charter of the City. <br /> <br /> IN WITNESS WHEREOF, the City has caused this Bond to be <br />executed by the manual or facsimile signatures of its Mayor and <br />Director of Finance; an impression of the corporate seal of the <br />City or a facsimile thereof to be affixed hereto or imprinted <br /> <br /> <br />