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becomes available for payment of the defaulted interest. Notice of <br /> the Special Record Date shall be given to Bondholders not less than <br /> ten days prior to the Special Record Date. The principal of and <br /> interest on this Bond are payable in lawful money of the United <br /> States of America. <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 /> 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 and the Home Rule Charter of the City (the "Charter") to <br /> be done, to have happened and to be performed precedent to and in <br /> the issuance of this Bond have been done, have happened and have <br /> been performed in regular and due form, time and manner as required <br /> by law, and that this Bond, together with all other indebtedness of <br /> the City outstanding on the date of original issue hereof and on <br /> the date of its actual issuance and delivery to the original <br /> purchaser, does not exceed any constitutional, statutory or Charter <br /> limitation of indebtedness. <br /> IN WITNESS WHEREOF, the City of Mounds View, Ramsey County, <br /> Minnesota, by its City Council, has caused this Bond to be executed <br /> on its behalf by the facsimile signatures of its Mayor and City <br /> Clerk-Administrator; has caused the official seal of the City to be <br /> omitted herefrom, as permitted by law; and has caused this Bond to <br /> be executed manually by the Bond Registrar, acting as the City's <br /> duly appointed authenticating agent for the Bonds. <br /> Date of Registration: Registrable by: <br /> Payable at: <br /> CITY OF MOUNDS VIEW, <br /> Bond Registrar's RAMSEY COUNTY, MINNESOTA <br /> CERTIFICATE OF <br /> AUTHENTICATION <br /> This Bond is one of the <br /> Bonds described in the /s/ Facsimile <br /> Resolution mentioned Mayor <br /> within. <br /> , /s/ Facsimile <br /> Bond Registrar City Clerk-Administrator <br /> By <br /> Authorized Signature <br /> 262142.1 6 <br />