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UNITED STATES OF AMERICA STATE OF MINNESOTA COUNTY OF RAMSEY VILLAGE OF ROSEVILLE GENERAL IMPROVEMENT BOND SERIES 4 No. $5,000 KNOW ALL MEN BY THESE PRESENTS that the Village of Roseville, Ramsey County, Minnesota, acknowledges itself to be indebted and for value received prom- ises to pay to bearer the sum of FIVE THOUSAND DOLLARS on the 1st day of April, 19 , or, if this bond is redeemable as stated below, on a date prior thereto on which this bond shall have been duly called for earlier redemption. and to pay in- terest thereon from the date hereof until said principal sum be paid. or until this bond. if redeemable, has been duly called for redemption, at the basic rate of per cent ( %) per annum, and the Village promises to pay additional interest on said principal sum fromAUguat II ' 1965to April 1 ' 1970 at the additional rate of One p€r cent ( 1.0') per annum. Interest is payable on April 1, 1969, and semiannually there- after on each October 1 and April 1, interest to maturity being represented by and payable in accordance with and upon presentation and surrender of the interest cou- pons appurtenant hereto, comprising one set of coupons representing interest at said basic rate from date of issue to maturity, and a separate set designated as "B" coupons, representing additional interest at the additional ra.te and for the limi ted period stated above. Both principal and interest are payable at ~.~;can National Bank a~dirt~t.c&.WOi~rrency of the United States of Amerlca !h~~^'o~Rp.~~~fctive dates of payment is legal tender for public and pri vate debts. For the prompt and full payment of such principal and interest as the same become due, the full faith, credit and taxing powers of the Village are hereby irrevocably pledged. This bond is one of a series in the aggregate principal amount of $2,080,000, all of like date and tenor except as to serial number, maturity date, interest rate and redemption privilege. all issued for the purpose of defraying ex- penses incurred in constructing various improvements heretofore duly ordered to be made in accordance with the provisions of Minnesota Statutes, Chapters 429 and 475. including payment of the Temporary Improvement Bonds, Series 3 issued to finance said improvements, and is issued pursuant to and in full conformity with the Consti- tution and laws of the State of Minnesota thereunto enabling, and pursuant to reso- lutions duly adopted by the Village Council. This bond is payable primarily from the General Improvement Bond Sinking Fund of the Village, but the Council is re- quired by law to pay maturing principal and interest out of any funds in the treas- ury if moneys on hand in said Sinking Fund are insufficient therefor. -6-