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UNITED STATES OF AMERICA <br />State of Indiana County of St. Joseph <br />No. $5,000 <br />CITY OF SOUTH BEND <br />MUNICIPAL BOND OF 1971 <br />The City of South Bend, County of St. Joseph, Indiana, for value <br />received, hereby acknowledges itself indebted and promises to pay to the <br />bearer hereof the principal amount of <br />FIVE THOUSAND DOLLARS <br />on the first day of , 19 , and to pay interest thereon from the date <br />hereof until the principal is paid, at the rate of per cent <br />( %) per annum, payable on the first day of June, 1972, and semi - annually <br />thereafter on the first days of December and June, in each year, upon presen- <br />tation and surrender of the annexed coupons as they severally become due. <br />Both principal and interest of this bond are payable in lawful money of <br />the United States of America at the First Bank and Trust Company of South Bend, <br />South Bend, Indiana. <br />This bond is one of an authorized issue of three hundred twenty -six <br />(326) bonds of the City of South Bend, Indiana, of like date, denomination, tenor <br />and effect, except as to rates of interest and dates of maturity, aggregating <br />One Million Six Hundred Thirty Thousand Dollars ($1, 630, 000), numbered con- <br />secutively from 1 to 326, inclusive, issued pursuant to an ordinance adopted by <br />the Common Council of said City on the day of 19 , entitled "An <br />Ordinance of the City of South Bend, Indiana authorizing the issuance and sale <br />of bonds of said City in order to provide funds for the cost of the improvement of <br />the City owned property known as the Morris Civic Auditorium, including but not <br />limited to the installation of heating, ventilating and air - conditioning equipment; <br />the acquisition, improvement and development of land as a site for a civic center <br />within an area bounded by Michigan Street, Wayne Street, LaSalle Street and the <br />St. Joseph River; the construction of streets, curbs, sidewalks, and sewers, <br />including the acquisition of any necessary land, easements and rights -of -way in <br />connection therewith within an area North of Lincolnway West, West of Bendix <br />Drive, and South of the Northern Indiana Toll Road, all within the City of South <br />Bend, Indiana; and, to the extent of funds remaining, the acquisition of land as <br />a site for and the construction and equipment of a fire station; together with the <br />expenses in connection with all of the foregoing including engineering, architec- <br />tural, appraisal, abstracting, title insurance, and legal fees, and the expenses <br />and legal fees incidental to the issuance of said bonds ", and The Indiana Code <br />of 1971, Title 18, Article 1, Chapter 4; and Title 18, Article 1, Chapter 1. 5. <br />It is hereby certified and recited that all acts, conditions, and things <br />required to be done precedent to and in the execution, issuance and delivery <br />of this bond have been done and performed in regular and due form as provided <br />bylaw, that this bond and said total issue of bonds is within every limit of <br />- 5 - <br />