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<br />. <br /> <br />. <br /> <br />. <br /> <br />exchange for Bonds of other authorized denominations. Upon such transfer or exchange the City <br />will cause a new Bond or Bonds to be issued in the name of the transferee or registered owner, <br />of the same aggregate principal amount, bearing interest at the same rate and maturing on the <br />same date, subject to reimbursement for any tax, fee or governmental charge required to be paid <br />with respect to such transfer or exchange. <br /> <br />The City and the Bond Registrar may deem and treat the person in whose name this Bond <br />is registered as the absolute owner hereof, whether this Bond is overdue or not, for the purpose <br />ofreceiving payment and for all other purposes, and neither the City nor the Bond Registrar will <br />be affected by any notice to the contrary. <br /> <br />IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, <br />conditions and things required by the Constitution and laws of the State of Minnesota to be done, <br />to exist, to happen and to be performed preliminary to and in the issuance of this Bond in order <br />to make it a valid and binding general obligation of the City in accordance with its terms, have <br />been done, do exist, have happened and have been performed as so required, and that the issuance <br />of this Bond does not cause the indebtedness of the City to exceed any constitutional or statutory <br />limitation of indebtedness. <br /> <br />The following abbreviations, when used in the inscription on the face of this Bond, will <br />be construed as though they were written out in full according to applicable laws or regulations: <br /> <br />TEN COM -- as tenants <br />III common <br /> <br />UNIF GIFT MIN ACT Custodian <br />(Cust) (Minor) <br /> <br />TEN ENT -- as tenants <br />by entireties <br /> <br />under Uniform Gifts or <br />Transfers to Minors <br /> <br />IT TEN -- <br /> <br />as joint tenants with <br />right of survivorship and <br />not as tenants in common <br /> <br />(State) <br /> <br />Act. . . . <br /> <br />Additional abbreviations may also be used though not in the above list. <br /> <br />ASSIGNMENT <br /> <br />For value received, the undersigned hereby sells, assigns and transfers unto <br />the within Bond and all rights thereunder, and <br />does hereby irrevocably constitute and appoint attorney to transfer <br /> <br />SJB132S80 <br />AR200-1 <br />