1988.05.02 RESO 1988-0015 - Laserfiche WebLink

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M UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF WASHINGTON CITY OF HUGO GENERAL OBLIGATION EQUIPMENT CERTIFICATE OF 1988 INTEREST MATURITY RATE DATE 6.25% REGISTERED OWNER: PRINCIPAL AMOUNT: N DATE OF ORIGINAL ISSUE CUSIP May 1, 1988 DOLLARS The City of Hugo, Washington County, Minnesota (the "Issuer"), hereby acknowledges that it is indebted and for value received promises to pay to the registered owner specified above, or registered assigns, without option of prepayment, in the manner hereinafter set forth, the principal amount specified above, on the maturity date specified above, and to pay interest thereon semiannually on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing November 1, 1988, at the rate per annum specified above (calculated on the basis of a 360 -day year of twelve 30 -day months) until the principal sum is paid or has been provided for. This Certificate will bear interest from the most recent Interest Payment Date to which interest has been paid or, if no interest has been paid, from the date of original issue hereof. The principal of and premium, if any, on this Certificate are payable upon presentation and surrender hereof at the principal office of American National Bank and Trust Company, in the City of St. Paul, Minnesota (the "Certificate Registrar"), acting as paying agent, or any successor paying agent duly appointed by the Issuer. Interest on this Certificate will be paid on each Interest Payment Date by check or draft mailed to the person in whose name this Certificate is registered ( the "Holder" or "Certificate - holder") on the registration books of the Issuer maintained by the Certificate Registrar and at the address appearing thereon at the close of business on the fifteenth day of the calendar month next preceding such Interest Payment Date (the "Regular 4