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and payable. In each year while this Bond is outstanding and <br />unpaid, there shall be assessed, levied and collected, at the <br />same time and in the same manner as other taxes in the City are <br />assessed, levied and collected, an ad valorem tax upon all <br />properny subject to ~axation by the City, withoun limitation as <br />to rate or amount, sufficienn to provide for the payment of the <br />principal of and interest on this Bond as the same respectively <br />become due and payable. <br /> <br /> This Bond shall non be valid or obligatory unless the <br />certificate of authentication hereon shall have been manually <br />signed by or on behalf of the Registrar. <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 no and in the issuance of this <br />Bond and the issue of which it is a part have happened, do <br />exist and have been performed in due time, form and manner as <br />required by law, and that the amounn of this Bond, together <br />with all other indebtedness of the City, does non exceed any <br />limitation of indebtedness prescribed by the Constitution or <br />statutes of the Commonwealth of Virginia or 5he Charter of the <br />City. <br /> <br /> IN WITNESS WHEREOF, the City has caused this Bond ~o be <br />executed by the manual or facsimile signatures of its Mayor and <br />Deputy City Manager for Finance; an impression of the corpcrate <br />seal of the City or a facsimile 5hereof to be affixed hereto or <br />imprInted hereon, and attested by the manual or facsimile <br />signanure of nhe City Clerk of nhe City; and this Bond no be <br />dated January 1, 1996. <br /> <br />CITY OF PORTSMOUTh, VIRGINIA <br /> <br />[SEAL] <br /> <br />Mayor <br /> <br />Attest: <br /> <br />City Clerk <br /> <br />Depuny City Manager for Finance <br /> <br /> <br />