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<br />accordance with the contract of sale heretofore made and executed, and the Purchaser is not <br />obligated to see to the application of the purchase price. <br /> <br />2.06. Temporaty BnndA, The City may elect to deliver in lieu of printed definitive <br />Bonds one or more typewritten temporary Bonds in substantially the form set forth in Section 3 <br />with such changes as may be necessary to retlect more than one maturity "" a single temporary <br />bond. Upon the execution and delivery of definitive Bonds the temporary Bonds will be <br />exchanged therefor and cancelled. <br /> <br />Section 3. Form of Bond. <br /> <br />3.01. Execution of the Bogds. The Bonds will be printed or typewritten in sub~lIy <br />the fonowing form: <br /> <br />No.R- <br /> <br />$ <br /> <br />UNITED STATES OF AMBRICA <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF CENTERVllLE <br />GENERAL OBUGATION IMPROVEMENT BOND, SERIBS 2006A <br /> <br />1m <br /> <br />Maturity <br /> <br />Date of <br />Original Issue <br /> <br />CUSIP <br /> <br />March 1, 20_ <br /> <br />September 1, 2006 <br /> <br />Registered Owner: Cede &, Co. <br /> <br />The City ofCenterville, Minnesota, a duly organi7.ed and existing municipal corporation <br />in Anoka County, Minnesota (City), acknowledges itself to be indebted and for value received <br />hereby promises to pay to the Registered Owner specified above or registered assigns, the <br />principal sum of $ . on the maturity date specified above, with interest thereon from <br />the date hereof at the anmlaJ rate specified above, payable March 1 and September 1 in each <br />year, commencing March 1, 2007, to the person in whose name this Bond is registered at the <br />close of business on the fifteenth day (whether or not a business day) of the immediately <br />preceding month. The interest hereon and, upon presentation and surrender hereof: the principal <br />hereof are payable in lawful money of the United States of America by check or draft by U.S. <br />Bank National Association, St. Paul, Minnesota, as Bond Registrar, Paying Asent, Transfer <br />Agent and Authenticating Agent, or its desi8"Ated successor under the Resolution described <br />herein. For the prompt and full payment of such principal and interest as the same respectively <br />become due, the full faith and credit and taxing powers of the City have been and are hereby <br />irrevocably pledged. <br /> <br />Page 7 of22 <br /> <br />41 <br />