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2 -2. The Note. <br />The Note shall be dated as of the date of delivery, <br />shall be payable at the times and in the manner, shall bear <br />interest at the rate, and shall be subject to such other terms <br />and conditions as are set forth therein. <br />2 -3. Execution. <br />The Note shall be executed on behalf of the City by <br />the signatures of its Mayor and Clerk and shall be sealed with <br />the seal of the City. In case any officer whose signature <br />shall appear on the Note shall cease to be such officer before <br />the delivery of the Note, such signature shall nevertheless be <br />valid and sufficient for all purposes, the same as if•had <br />remained in office until delivery. <br />2 -4. Delivery of Note. <br />Before delivery of the Note there shall be filed with <br />the Interim Lender (except to the extent waived by the Interim <br />Lender) the following items: <br />(1) an executed copy of each of the following documents: <br />Agreement; <br />(A) the Loan Agreement and Assignment of the Loan <br />(B) the Mortgage; <br />(C) the Assignment of Leases and Rents; <br />(D) the Construction Loan Agreement; <br />(E) the Buy -Sell Agreement; <br />(F) the Guaranty. <br />(2) an opinion of Counsel for the Borrower in scope and <br />substance satisfactory to Bond Counsel as to the authority of <br />the Borrower to enter into the transaction and other related <br />matters; <br />(3) the opinion of Bond Counsel as to the validity and <br />tax exempt status of the Note; <br />