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9. Rte Bonds, the coupons per~aining to the Bonds and the provisions for registration to be endorsed on the Bonds shall be in subs~mntially the following forms, respectively, to-wit: (Form of Bond) UNl'±'.mo STATES OF AMERICA Cfkw~/fDN~ALTH OF VIRGL-NIA CITYOF PORTS~OU~XH GENERAL OBLIGATION PUBLIC ~MPRO~NT BC~TD NO. $5,000 The Citl; of Portsmouth. (the "City), a municipal corporation o~ the Coramonweal~J] of Virginia, here_by acPJlowle~tges itself indebted for value received and promises to pay to the bearer hereof, or, if this Bond then be registered as herein provided, to bfne then registered ov~er hereof, the prin6ipal amount of Five Thousand Dollars ($5,000) on the first day of July (subject to the right of prior redemption hereinafter mentioned) upon the presentation amd surrender hereof, end to pay interest on said principal s~u from the date hereof at the rate of o~r cent~ (% ) per sun,n, payable January 1, 1981, and semi-annually thereafter on July 1 and January 1 of each year. This Bond n~v be reqistered by the ho!~er as to ~rincipal only or as to beth principml ~nd interest in accordmnce with the provisions for such reqistration ~]dorsed hereon. If this Bond shall not th~n be registered as-to beth principal and interest, the interest hereon payable prior to maturity shall be payable a{ the principal office of Virginie ~ational Bank, in Norfolk, Virgin_ia, or, at tl%e option of the holder of this Bond, at the principal office of R~ne ~nase Manhattan Bank (National A~sociation), in the City of New York~ Na%v York, the paying agentS for t_his Bond, but only upon the presentation ~nd surrender of the respective coupons annexed hereto representing such interest as the sam~ beco~ due and payable. ~ne interest on this Bond while registered as to beth principal and interest shall be payable by the City by check or draft mailed to the registered owner at such o~ner's address as sho%~ on the books of registry. : The principal of and premium, if any, and interest on this Bond aufe payable ~n such coin or currenc!/ of the United States of America as at the respective dates of paym~t is legal t~nder for public and private debts. Such principal and pr~r~um are payable at the principal office. of either of the aforesaid paying age.uts for this Bond. 5