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The principal of and premium, if any, and interest on this Bond <br />are payable in lawful money of the United States of America. <br /> <br /> REFERENCE IS HEREBY MADE TO THE FURTHER PROVISIONS OF THIS <br />BOND SET FORTH ON THE REVERSE HEREOF, WHICH PROVISIONS SHALL FOR <br />ALL PURPOSES HAVE THE SAME EFFECT AS IF SET FORTH HERE. <br /> <br /> IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions <br />and things required by the Constitution and laws of the State of <br />Minnesota to be done, to have happened and to be performed, <br />precedent to and in the issuance' of this Bond, have been done, <br />have happened and have been performed in regular and due form, <br />time and manner as required by law, and that this Bond, together <br />with all other indebtedness of the City outstanding on the date <br />of original issue hereof and the date of its actual issuance and <br />delivery to the original purchaser, does not exceed any <br />constitutional or statutory limitation of indebtedness. <br /> <br /> IN WITNESS WHEREOF, the City of Elk River, Sherburne County <br />Minnesota, by its City Council, has caused this Bond to be <br />executed on its behalf by the manual or facsimile signatures of <br />its Mayor and its City Administrator; has caused the corporate <br />seal of the City to be intentionally omitted herefrom, as <br />permitted by law; and has caused this Bond to be executed <br />manually by the Bond Registrar, acting as the City's duly <br />appointed authenticating agent for the Bonds. <br /> <br />1079939.2 10 <br /> <br /> <br />