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<br />e <br /> <br />- <br /> <br />e <br /> <br />"Special Record Date") fixed by the Bond Registrar whenever money <br />becomes available for paYment of the defaulted interest. Notice <br />of the Special Record Date shall be given to Registered Owners <br />not le.. than ten days prior to the Special Record Date. The <br />principal of and premium, if any, and interest on this Bond are <br />payable in lawful money of the United states of America. <br /> <br />REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF <br />THIS BOND SET FORTH ON THE REVERSE HEREOF, WHICH PROVISIONS SHALL <br />FOR ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH HERE. <br /> <br />IT IS HEREBY CERTIFIED AND RECITED that all acts, <br />conditions and things required by the Constitution and laws of <br />the State of Minnesota to be done, to have happened and to be <br />performed, precedent to and in the issuance of this Bond, have <br />been done, have happened and have been performed in regular and <br />due form, time and manner as required by law, and that this Bond, <br />together with all other indebtedness of the City outstanding on <br />the date of original issue hereof and the date of its actual <br />issuance and delivery to the original purchaser, does not exceed <br />any constitutional or statutory limitation of indebtedness. <br /> <br />IN WITNESS WHEREOF, the City of Elk River, Sherburne <br />County,Minnesota, by its City Council, has caused this Bond to <br />be executed on its behalf by the facsimile signatures of its <br />Mayor and its City Administrator; has caused the corporate seal <br />of the City to be intentionally omitted herefrom, as permitted by <br />law; and has caused this Bond to be executed manually by the Bond <br />Registrar, acting as the City'S duly appointed authenticating <br />agent for the Bonds. <br /> <br />276396.1 <br /> <br />7 <br />