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Bonds of this series bearing serial numbers 1 through (maturing in the years 1964 through 1968) are payable at their respective stated maturity dates with- out option of prior payment, but those bearing serial numbers through 206 (matur- ing in the years 1969 through 1983) are each subject to redemption and prepayment at the option of the Village on July l, 1968 , and any interest payment date thereafter} in inverse order of their serial numbers, and at a price of par and accrued interest plus a premium of 2% for each bond prepaid on or before January l, 1973, and without premium if prepaid on or after July 1, 1973. The Village will mail notice of the call of any of said bonds for redemption, not less than thirty days prior to the date specified for redemption, to the holder, if known, and to the bank at which principal and interest are then pa.yab1e. Holders of prepayable bonds desiring to receive such notice may register their names and addresses and the serial numbers of their bonds with the Village Treasurer. IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all acts, con- ditions and things reqUired by the Constitution and laws of the State of Minnesota to be done, to exist, to happen and to be performed preliminary to and in the issu- ance of this bond in order to make it a valid and binding general obligation of said Village according to its terms have been done, do exist, have happened and have been performed as so required; that the Village has duly determined the necessity and contracted for the construction of said improvement; that the Sanitary Sewer Improvement Bond Sinking Fund has been duly created and provision made for the sup- port thereof by ad valorem taxes and special assessments to be levied for the years and in aggregate amounts not less than five per cent (5%) in excess of sums suffi- cient to pay the interest hereon and the principal hereof as they respectively be- come due, and additional taxes, if needed for said purpose, may be levied upon all taxable property in the Village, without limitation as to rate or amount; and that the issuance of this bond did not cause the indebtedness of said Village to exceed any constitutional or statutory limitation. IN WITNESS WHEREOF the Village of Roseville, Ramsey County, Minnesota, by its Village Council, has caused this bond to be executed in its behalf by the signa- ture of its Mayor, countersigned by its Village Clerk, and sealed with a facsimile of its official seal, and has caused the interest coupons appurtenant hereto and the certificate appearing on the reverse side hereof to be executed and authenti- cated by the facsimile signatures of said officers, and has caused this bond to be dated as of July l, 1963. Mayor Countersigned: Village Clerk (SEAL) -lh-