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'~ ,~ 19 , the sum of Five~ Thousand Dollars upon the surrender hereof; and to. pay i.n~eres~.~t~ ~th.e r. aateo~f ~------r-_ per centum per annum payable se~l-annua£±y on ~ne ±s~ a y June..~ and D. ecemb, e~ in each~.~year ,~ after _~t.e, until/ua~turlty ~ upon o~ if this Bond be registered as to ~ pr!no,pa and interest, to the re~is~red holder hereof. Both principal .and interest of this Bond .ar~ pay~le in la~ful c~rency of the United States of ~ica, at The Chase ~an~ttan-Ba~k, 2~.,A., New: .York, New Yorkl This bond may be registe=ed ~y the holder as to prin- Cipal or ~ ~ both princi~l and int~es~ i~ accordance with ; ..-the provisio~ for such registration ~dorsad .h~ean. ~ ....... .This ~nd-is one' of a series aggr~at~--~o Mitlion.~ ~i~e 'Hundred.~housand Dollars, and:is .~sued fo= ~he ~purpose revenue prodding und~%aking of the City~ consist~.g of its . water, ~ewer, and.sew~ge-~isposal syst~s, und~.~d p~suant :'~o and in conformity with:the Cons~itu~on and statutes 'of the-~ · f~ 'Co~onwealth of Virgi~a,~including C~pt~ 5 of T~tle 15.i o ~ 2~e Code of-V~rginia, i958,~-the-Chart~ of the ~y of Portsmo~h and an elect~on of the-quallx~e voters' of the C~=~ held under: .said Chapt~ 5 on the second day of N~e~er, t9~1:~ ~d pursuant ~ to an ordinance duly adopted by the Council of the City of Ports- mouth on the fifteenth day of Sept~er, 1971, and a resolution duly adopted by the .Co~=cil of the City. of Ports~uth on the 23rd day of October, 1973, under said Chapter 5. It is hereby certified and recited t~t all acts, con- ditions and things required by the COnstitution and statutes of- ~e Co~wealth of Virginia, to exists: to have.happened, ~nd ~be.~erf~rmed p~ec~en~ ~o .and ~-th~- i-ss~nce .o~: ~s bond, e~st~ ~ve-. h~ppened%~d .~e be~..;par~o~ed~;~in -dua t~, .fo~ and ma---er ~o~e~, together ~th-'~att cther lndebtedn~s of the~C~ty, ~s ............. ~o~ise ~t~rized~ indebt~ess ~O~s~d~City and is~wlthi~ ~ tituti .... ~eve~_~ and~-~other ~limi~ rescrib~d~ b -.the' Cons on and laws-~ the Co~onwealth of Virginia. The full faith and credit of the City of Port,curb are hereby irrevocably pledged for the pa~ent of the principal and ~interest of this bond. The principal and interest hereof shall. -be payable from ad va!or~ taxes without limitation of rate or ~ount, if the revenues of the aforesa'id undertaking consisting- o= the water, sewer, and sewage dispo~l systems ~e insufficient for that purpose. -4-