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• <br />in the event of any deficiency, has obligated itself to levy addi- <br />tional ad valorem taxes on all of the taxable property in the City <br />without limitation as to rate or amount. <br />This bond may be assigned but upon such assignment the <br />assignee shall promptly notify the City at the office of the City <br />Clerk- Treasurer by registered mail, and the assignee shall furnish <br />the same to the City Clerk - Treasurer either in exchange for a new <br />fully registered bond in the principal amount then outstanding or <br />for transfer on the registration bonds kept by the Clerk- Treasurer <br />for such purpose. <br />IT IS HEREBY CERTIFIED AND RECITED, That all acts, condi- <br />tions and things required by the Constitution and laws of the State <br />of Minnesota to be done, to happen and to be performed precedent to <br />and in the issuance of this bond have been done, have happened and <br />have been performed in regular and due form, time and manner as re- <br />quired by law; and that this bond, together with all other indebted- <br />ness of the City outstanding on the date hereof and the date of its <br />actual issuance and delivery does not exceed any constitutional or <br />statutory limitation thereon. <br />IN TESTIMONY WHEREOF, the City of Lino Lakes, Anoka County, <br />Minnesota, by its City'Council, has caused this bond to be executed <br />by the facsimile signature of the Mayor and the manual signature of <br />the City Clerk - Treasurer, all as of May 1 , 1984. <br />City Clerk- Treasurer / Ma or <br />CERTIFICATE OF REGISTRATION <br />It is hereby certified that, at the request of the holder <br />of the within bond, the undersigned has this day registered it as to <br />principal and interest in the name of such holder as indicated in the <br />registration blank below, on the books kept by the undersigned for <br />such purposes. <br />NAME OF <br />DATE OF SIGNATURE OF. <br />REGISTERED HOLDER REGISTRATION <br />First State Bank of Hugo May 1, 1984 <br />CITY CLERK- TREASURER <br />