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~5i ., r ~ _ - • 2. Said bonds and the interest coupons thereto attached shall be in substantially the following form: UNITED STATES OF AMERICA • STATE OF MINNESOTA COUNTY OF RAMSEY VILLAGE OF FALCON HEIGHTS SANITARY SEWER SYSTEM IMPROVEMENT N0. I BONDS 3:, . $1, 000 KNOW ALL MEN BY THESE PRESENTS That the Village of Falcon __ - __~ '~;:~_;hts, Ramsey County, Minnesota, acknowledges itself to b .tnt; for value received promises to pay to bearer the Aum of ONE THOUSAND DOLLARS bted on the 1st day of January, 19 and to pay interest thereon •om the date hereof until sa3c~pr~incipal sum be paid, or if this bond is redeemable, until it has been duly called for redemption, at the rate of per cent ( ~) per , ~nnum from da e o issue un pat w ich interes~is payable on ~'u1y 1, 1958 and semiannually thereafter on the first day of January and the first day of July of each year, interest to maturity being ;payable in accordance with, and upon presentation and surrender of the interest coupons hereto attached,'plus additional interest at the rate of One and one-quarter percept (1.250 per annum from 1-l -58 to 1-1-61, payable semiannually, which interest is represented by a separate set of coupons designated as "B" coupons Both principal ~ and interest are payable at the American National"Bank, St, Paul, l~inne-. }rota, in any coin or currency of the United States of America which on the date of payment is legal tender for public and private debts. For the prompt and full payment of such principal and interest as the same .respectively become duc, the full faith, credit and taxing powers of the Village are hereby irrevocably pledged. Bonds of said issue bearing serial numbers 1 to 450, inclusive, are payable at their respective stated maturity dates without option ~of prior payment. Bonds of said issue bearing serial numbers 451 to 900, inclusive, being those having stated maturity dates subsequent ~~ to January 1, 1968, are each subject to redemption and prepayment, in ~, inverse order of serial numbers at the option of the Village, on January 1, 1968 and any interest payment date thereafter, at a price of par ~- and accrued interest to the date of said redemption, with a premium of 4 $15.00 per bond called on or before July 1, 1972, and no premium there- after, all such redemptions to be made upon notice of call mailed 30 .'days in advance of the date specified for redemption to the bank where •~principal and interest are then payable and to the holder if known of ~' teach bond to be redeemed. Holders of redeemable bonds who wish to ;receive such notices must register their names, addresses and bond ,numbers with the Village Clerk.