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<br />office of the Assistant City Clerk, by the Owner hereof in person or by such Owner's attorney <br />duly authorized in writing, upon surrender of this Note together with a written instrument of <br />transfer satisfactory to the City, duly executed by the Owner. Upon such transfer or exchange <br />and the payment by the Owner of any tax, fee, or governmental charge required to be paid by the <br />City with respect to such transfer or exchange, there will be issued in the name of the transferee a <br />new Note of the same aggregate principal amount, bearing interest at the same rate and maturing <br />on the same dates. <br /> <br />This Note shall not be transferred to any person other than an affiliate, or other related <br />entity, of the Owner unless the City has been provided with an opinion of counselor a certificate <br />of the transferor, in a form satisfactory to the City, that such transfer is exempt from registration <br />and prospectus delivery requirements of federal and applicable state securities laws. <br /> <br />IT IS HEREBY CERTIFIED AND RECITED that all acts, conditions, and things <br />required by the Constitution and laws of the State of Minnesota to be done, to exist, to happen, <br />and to be performed in order to make this Note a valid and binding limited obligation of the City <br />according to its terms, have been done, do exist, have happened, and have been performed in due <br />form, time and manner as so required. <br /> <br />IN WITNESS WHEREOF, the City Council of the City of Centerville, Minnesota has <br />caused this Note to be executed with the manual signatures of its Mayor and City Administrator, <br />all as of the Date of Original Issue specified above. <br /> <br />CITY OF CENTER VILLE, MINNESOTA <br /> <br />Mayor <br /> <br />City Administrator <br /> <br />REGISTRATION PROVISIONS <br /> <br />The ownership of the unpaid balance of the within Note is registered in the bond register <br />of the Assistant City Clerk, in the name of the person last listed below. <br /> <br />Date of <br />Registration <br /> <br />Signature of <br />City Administrator <br /> <br />Registered Owner <br /> <br />Northern Forest Products, L.L.c. <br />Federal Tax I.D. No. <br /> <br />SJB-184817v2 <br />CE155-7 <br /> <br />A-3 <br />