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which reference is made for a full statement of rights and powers thereby conferred The full faith and credit of the City are irrevocably pledged for payment of this Bond and the City Council has obligated itself to levy additional ad valorem taxes on all taxable property in the City in the event of any deficiency in special assessments and taxes pledged, which taxes may be levied without limitation as to rate or amount. The Bonds of this series are issued only as fully registered Bonds in denominations of $5, 000 or any integral multiple thereof of single maturities As provided in the Resolution and subject to certain limitations set forth therein this Bond is- transferable upon the books of the City at the principal office the Bond Registrars the registered owner hereof in person or by the ownerts of � y attorney duly authorized in writing upon surrender hereof together with a written y y duly executed b the instrument of transfer satisfactory to the Bond Registrar, y y tered owner or the owner's attorney ; and may also be surrendered in exchange � han a the for Bonds of other authorized denomi nations . Upon such transfe r or e c City will cause a new Bond or Bonds to be issued In the name of the transferee or registered owner, of the same aggregate principal amount # bearing interest at the same rate and and on the same date, sub "ect to reimbursement for any tax. fee v nmental char required to be paid with respect to such transfer or or governmental � exchange. The City and the Bond registrar may deem and treat the person in whose name this Bond is registered as the absolute owner hereof, whether this Bend is overdue the purpose of receiving payment and for all other purposes, and neither or not s. for p p p e City nor the Bond re stray will be affected by any notice to the contrary* th y , HEREBY CERTIFIED RECITED so COVENANTED AND AGREED that all IT I I� � and thin s required b the constitution and laws of the State of acts, conditions g � y � . be dons to exist to happen and to be performed preliminary to and Minnesota � to � � . din general obligation in the issuance of this Bond in order to �e it a valid and bin g g accordance with its terms, have been done, do exist, have happened of the arty in . and ha ve been performed as so required, and that the Issuance of this Bond does not cause the indebtedness of the City to exceed any constitutional or statutory 1tation of indebtedness of certificate to be rioted on the reverse side of each Bond if Bonds (Form p are p rioted, following a full copy of the legal opinion . I certify that the above is a full, true and correct copy of the legal opinion rendered b y bond counsel on the issue of Bonds of the City of Roseville, Minnesota, which includes the within Bond dated as of the date of delivery of and payment for the Bonds .- (Facsimile Signature). City Manager The following abbreviations when used in the inscription on the face of this Bond shall be construed as though they were written out in full according to applicable laws or regulations* =47467 X00 -10 8