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26,7
<br /> November 25, 1997
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<br /> If this Bond .is~re~jeemable andthis Bond (or any portion of the
<br />principal amount hereof in installments df $5,000) shall be called for redemption,
<br />notice of the redem ~tion hereof, specifying the date, number and maturity of this
<br />Bond, the date and place or places fixed for its redemption, the premium, if any,
<br />payable upon such redemption, and if less than the entire principal amount of
<br />this Bond is to be redeemed, that this Bond must be surrendered in exchange for
<br />the principal amount hereof to be redeemed and a new Bond or Bonds issued
<br />equaling in principal amount that portion of the principal amount hereof not to be
<br />redeemed, shall be mailed not less than thirty (30) days prior to the date fixed for
<br />redemption by first class mail, postage prepaid, to the Registered Owner hereof
<br />at his address as it appears on the books of registry kept by the Registrar as of
<br />the close of business on the forty-fifth (4$th) day next preceding the date fixed
<br />for redemption. If notice of the redemption of this Bond shall have been given as
<br />aforesaid, and payment of the principal amount of this Bond (or the portion of the
<br />principal amount hereof to be redeemed) and of the accrued interest and
<br />premium, if any, payable upon such redemption shall have been duly made or
<br />provided for, interest hereon shall cease to accrue from and after the date so
<br />specified for the redemption hereof.
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<br /> Subject to the limitations and upon payment of the charges, if any,
<br />provided in the pr~oceedings authorizing the Bonds of the issue of which this
<br />Bond is one, this Bond may be exchanged at the office of the Registrar for a like
<br />aggregate principal amount of Bonds of other authorized principal amounts and
<br />of the same issue, interest rate and maturity. This Bond is transferable by the
<br />Registered Owner hereof, in person or by his attorney duly authorized in writing,
<br />on the books of registry kept by the Registrar for such purpose at the principal
<br />office of the Registrar but only in the manner, subject to the limitations and upon
<br />payment of the charges, if any, provided in the proceedings authorizing the
<br />Bonds of the issue of which this Bond is one, and upon the surrender hereof for
<br />cancellation. Upon such transfer a new Bond or Bonds of authorized
<br />denominations and of the same aggregate principal amount, interest rate and
<br />maturity as the Bond surrendered, will be issued to the transferee in exchange
<br />herefor.
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<br /> This Bond shall not be valid or obligatory unless the certificate of
<br />authentication hereon shall have been manually signed by or on behalf of the
<br />registrar.
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<br /> The full faith and credit of the City is hereby irrevocably pledged to
<br />the punctual payment of the principal of and premium, if any, and interest on this
<br />Bond as the same become due. In each year while this Bond is outstanding and
<br />unpaid, there shall be assessed, levied and collected, at the same time and in the
<br />same manner as other taxes of the City are assessed, levied and collected, a tax
<br />upon all taxable property within the City, over and above all other taxes,
<br />authorized or limited by law and without limitation as to rate or amount, sufficient
<br />to pay when due the principal of and premium, if any, and interest on this Bond
<br />to the extent other funds of the City are not lawfully available and appropriated
<br />for such purpose.
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<br /> It is hereby certified, recited and declared that all acts, conditions
<br />and things required to exist, happen or be performed precedent to and in the
<br />issuance of this Bond do exist, have happened and have been performed in due
<br />time, form and manner as required by law, and that the amount of this Bond,
<br />together with all other indebtedness of the City, does not exceed any limitation of
<br />indebtedness prescribed by the Constitution or statutes of the Commonwealth of
<br />Virginia or the Charter of the City.
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<br /> IN WITNESS WHEREOF, the City has caused this Bond to be
<br />executed by the manual or facsimile signatures of its Mayor and Deputy City
<br />Manager for Finance; an impression of the corporate seal of the City or a
<br />facsimile thereof to be affixed hereto or imprinted hereon, and attested by the
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