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<br />the iii�i�e�t caugos3 �ste tri11 be �r��aid fir�t, in inve.r�e order o� tkaeir
<br />�e;ie.1 nu.n•.c»ra, `1`bg Vi110�e erlll mail nfltiCe 6P the ce11 Of &tZy Of a&1d
<br />bondfl fa:- redem�tion, notI�� lesc ttiaa thi�y days prYor to the �te specifiec?
<br />Por :>e�e!�L•�qn, to tY.s ha�.der, if knawns ab$ to the traiiic a,t wZiich xrin�3pa].
<br />an3 in�erast are then �ay�L�e. Ho19.ers oP gra�ayable lionda �e�irin� to rz-
<br />ce3re sucn r,otice mey re,r*,�.s�2>_� their numos a:,d aHdr.:ssss �r.�, ti:e sex°i�l
<br />n•,xm��ars af their bonds witis ti�e VAllage Treasurer.
<br />Ii T� �� Y C�° � r,13� RECI`1'E11� C�VETiA�U 1�ii�7 1iG£�L''�3 tlu�t all
<br />aeLr, r.onaitione ar.cl thin,,;, re��xirec�. by the Con3titLiti6n ..i:d ].arrs aP tk�e
<br />State ci t�J3,nnesota to be �nne, �o e:.lo�� to hspven s�zd to bc perPoz�e� preW
<br />liznine_N;s tR anr� ir. tf;e is��:enr.e oi' thi.s Dond i� or�er to r.�s:e it e va3.id
<br />an�i b:ta��:�n� �enez�ai oblifr$tian of seid ViZl�e mccordira;; ta its tcrms �Qve
<br />been dat.e, cio ex3et, ne�re±l aa�,�er.ed a.nd h.ave �vs=n ,�,�z•Po�3 as sa re�•�i:e�;
<br />tt:ai; the V�,1la�re hus du3y dete?.�»ined the neceseity en'1 co�tracte3 fnr the
<br />corc,t.:cuct.c,.�: of cai�i imnt�-retaen€; t�:at tY= S�.^it�ry ;e:.scA- Ic.�.;-�t•ove:�eni ae:3
<br />5in7;ir+; E'ti::3, h�zu been duly created a�d provision macie for ti�e 3umport tr.�:a-
<br />oP i�y cFeci�I 4s,^e�sc,ents�'� to �:4 l�vie3 *�rith res�ceat to #.'-� i.n!.7�re•rEment
<br />Yina::eed by ��sid bards, an3 by the pled�e to aaid i'ui�M�of r+�t x�venaes tQ
<br />be derivec2 fr.azi tt+.e oper�,tion qf thE r�imicipal ea�rer cyGtes�, to Le coliected.
<br />anr? credit�ct tp said f�an�' �.i the times requix e�, ai3d in "a�re�ate e�:�ourts nai
<br />lesa t;�,an fiva �x�r ceni (��) in exce�a of sums suffici¢nt i:� r�.y tiie intvrest
<br />herAozz .^n1 the prineipal '�>ea•eof sa t?Fey respec�Livel� �eco�� dne, and ad valore:.2
<br />taxo3, iT nee�d Por saic� pv;^pose, mey be and sre ^equ3^ed by law to �e lev�ecl
<br />u�;on a:_1 ia.�-able �raroert;�i iY� the Vi11a{;e, *�3tlaout li�itacio�. �s �io :-�.te or
<br />ta�iot�*.t; tY�t saYd �le3�e ,�f net revenues o� the :�ewe�^ sfcte^ co:�stit:�tes a
<br />first I3eir an� enar�e tYi�ean� i�� favor of the holders oi the uonds of this
<br />iss�e ar�d oi' a]1 outstanclan� and future icsues of �;�ne:e7 o'sli�:t+on :irxprav�••
<br />men� �onw� pEyable and tq' Le _�aQe �ayable �ro.n said 3iri'�:La�; i'�u:d upon the
<br />co* �itwone �nd uua,;ect ta tt e ii��'itaE3ons set �'az�r� �n �hr r^�nl � ti�-± cres.t3.n�
<br />sQirl Si�l,�:n� Fun3� datad �3o»e���ei• 3, 3;5?; and ti:at t;�� i� sercc bf tai� aan�.
<br />did *<at eQuc� tsie ia�erte�.�:_s:a or sai� Villa�re ca ex:e�d ar�;- :onat:t�aU:.orutl
<br />or strzt�x�o';�+J limita�ion, P'
<br />i1 WI^iv'&'�3.. t?Iii;��'iCG� t�s Villa�e eaP l�rden H32..7.b� �ur:�sey Cau,�i.y,
<br />Nii:u;e^,oi:�, by ita `�fillagfl' Cou�:c'il� i�ae cs��acsd ��:ia uon� to "c�y c: :cu�:ed in
<br />its bet�ul�' k�y the s:i,�siatii.�e o' its I�or, co�xnter�i�r,�.�?l b;r it� �lille.�;�
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<br />na:rt he+�eto �o be execu`�1 m±zd �=ithenticated "oy zhe Facsi*:i,i.�� cibnat:z�*-ea o£
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<br />seicl O_"z1c4.G� an�3 .a� atsc.i. �t;•is bonl to :�e <lai.v_ ..:sue" ..L;,as�.._� i)J�...
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<br />�1 ane2 upwtsr�l3, �lutli a3so 3nclusie th� phra�e: "IInlese the
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