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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, conditions and things <br />required by the Constitution and laws of the State of Minnesota to be done, to have happened and <br />to be performed, precedent to and in the issuance of this Bond, have been done, have happened <br />and have been performed in regular and due form, time and manner as required by law, and that <br />this Bond, together with all other indebtedness of the City outstanding on the date of original <br />issue hereof and the date of its actual issuance and delivery to the original purchaser, does not <br />exceed any constitutional or statutory limitation of indebtedness. <br /> <br /> IN WITNESS WHEREOF, the City of Elk River, Sherburne County, Minnesota, <br />by its City Council, has caused this Bond to be executed on its behalf by the facsimile signatures <br />of its Mayor and its City Administrator; has caused the corporate seal of the City to be <br />intentionally omitted herefrom, as permitted by law; and has caused this Bond to be executed <br />manually by the Bond Registrar, acting as the City's duly appointed authenticating agent for the <br />Bonds. <br /> <br />1319814vl 9 <br /> <br /> <br />