Construction of Additions and Improvements to the Sewage Works Bonds

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and payable upon this bond or such portion hereof shall be paid, or (i) sufficient monies, or (ii) direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed by the United States of America the principal of and the interest on which when due will provide sufficient monies for such purpose, or (iii) time certificates of deposit of a bank or banks, fully secured as to both principal and interest by obligations of the kind described in (ii) above, the principal of and interest on which when due will provide sufficient monies for such purpose, shall be held in trust for such purpose, then and in that case this bond or such portion hereof shall no longer be deemed outstanding or an indebtedness of the City. The following abbreviations, when used in the inscription of the face of this bond, shall be construed as though they were written out in full according to applicable laws or regulations: TEN. COM. as tenants in common TEN. ENT. as tenants by the entirety JT. TEN. as joint tenants with right of survivorship and not as tenants in common UNIF. GIFT MIN. ACT Custodian (Cust. ) (Minor) under Uniform Gifts to Minors Act of (State) Additional abbreviations may also be used although not in the above list. Assignment For value received, the undersigned hereby sells, assigns and transfers unto (Please print or typewrite name and address of transferee) this bond and all rights hereunder and hereby irrevocably constitutes and appoints attorney, to transfer this bond on the books kept for the registration hereof with full power of substitution in the premises. Date: Notice: The signature above must correspond with the name of the registered owner as it appears on the front of this bond in every particular without alteration or enlargement or any change whatsoever. ) -15-