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Ot1JX- <br />AJOOS <br />oa3x! <br />�AdOO <br />Oa3X <br />_Y Y <br />Pesoluti n(s) the proceeds of said loan are ir•_evocably pledged first to such <br />payments and under the terms of said ?equisition �'greement, the full faith <br />and credit of the United States of America is pledged to the payment of the <br />principal of and interest on this Note as evidenced by said Payment agreement. <br />This Note shall not constitute a debt or indebtedness of the State or of any <br />town, city., county, municipality, or political entity or subdivision or taxing <br />district therein or thereof, within the meaning of any constitutional, statutory, <br />local law, or charter provision, and neither the State nor any such town, city, <br />county, municipality., or political entity or subdivision or taxing district, <br />other thm the Local Public Agency, shall be liable hereon, and, in no event, <br />shall either this Note or the interest thereon be payable from or out of any <br />funds or properties other than those of the local Public Agency or these of the <br />United States. <br />IT IS 10MY CERTIFIED, RECITED, AND DECLARED that all conditions, acts, and <br />things required to exist, happen, and be performed precedent to and in the <br />issuance of this Note do exist, have happened, and have been performed in due <br />time, f m, and manner as required by law:- Provided, That this Note shall not <br />be valid until the Paying Agent shall have executed the agreement, appearing <br />below, to act as such Paying Agent. <br />IN WITNE S IffMEOF, the local Public Agency has caused this Note to be signed <br />in its n e and the City seal to be impressed hereon and attested, by the proper <br />officers thereunto duly authorized, and this Note to be dated as of the Date of <br />Issue ab ve specified. <br />CITY OF SOUTH BEND <br />DEPATIM OF REDEVEWPHENT <br />ATTEST: By <br />City Clerk of the City of South Bend Mayor of the City of South Bend <br />We hereby agree to act as Paying Agent <br />of this Note as above indicated. <br />ST. JOSEPH BANK & TRUST COMPANY <br />By <br />1 AdO :i 5 <br />j08DX <br />