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- 6 <br /> <br /> 9. The Bonds, the coupons appertaining to the <br />Bonds and the provisions for registration to be endorsed on <br />the Bonds shall be in substantially the following forms, <br />respectively, to-wit: <br /> <br />[Form of Bond] <br /> <br />UNITED STATES OF AMERICA <br /> <br />COMMONWEALTH OF VIRGINIA <br /> <br />CITY OF PORTSMOUTH <br /> <br />GENERAL OBLIGATION PUBLIC UTILITY BOND <br /> <br />No. $5,000 <br /> <br /> The City of Portsmouth (the "City"), a municipal <br />corporation of the Commonwealth of Virginia, hereby <br />acknowledges itself indebted for value received and promises <br />to pay to the bearer hereof, or, if this Bond then be <br />registered as herein provided, to the then registered owner <br />hereof, the principal sum of Five Thousand Dollars ($5,000) <br />on the first day of December, (subject to the right of <br />prior redemption hereinafter mentioned) upon the <br />presentation and surrender hereof, and to pay interest on <br />such principal sum from the date hereof at the rate of <br /> per centum (__%) per annum, payable June 1, 1983, <br />~nd semiannually thereafter on December 1 and June 1 of each <br />year. <br /> <br /> This Bond may be registered by the holder as to <br />principal only or as to both principal and interest in <br />accordance with the provisions for such registration <br />endorsed hereon. If this Bond shall not then be registered <br />as to both principal and interest, the interest hereon <br />payable pruor to maturity shall be payable at the principal <br />office of Virginia National Bank, in Norfolk, Virginia, or, <br />at the option of the holder of this Bond, at the principal <br />office of The Chase Manahattan Bank (National ASsociation), <br />in New York, New York, the paying agents for this Bond, but <br />only upon the presentation and surrender of the respective <br />coupons annexed hereto representing such interest as the <br />same become due and payable. The interest on this Bond <br />while registered as to both principa~ and interest shall be <br />payable by the City by check or draft mailed to the <br />registered owner at such owner's address as shown on the <br />books of registry. <br /> <br /> The principal of and premium, if any, and interest <br />on this Bond are payable in such coin or currency of the <br />United States of America as at the respective dates of <br />payment is legal tender for public and private debts. Such <br /> <br /> <br />