07 - Issuance & Sale of City of Paris GO Bonds, Series 2018

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THE CITY OF PARIS, TEXAS (the "Issuer"), being a political subdivision of the State of Texas located in Lamar County, Texas, for value received, promises to pay, from the sources described herein, to the registered owner specified above, or, registered assigns, the principal amount specified above, and to pay interest thereon, from the Delivery Date set forth above, on the balance of said principal amount frorn time to time remaining unpaid, at the interest rate per annum set forth below. The unpaid principal of this Bond shall finally mature on June 15,, 2028, but shall be paid in instal I in ents on the dates and in the amounts set forth in the table below:. Principal Interest Rate Payment Date Installment .lune 15, 201 June 15, 2020 June 15, 2021 June 15, 2022 June 15, 202? June 15, 2024 June 15, 2025 June 15, 2026 June 15, 2027 June 15, 2028 THE PRINCIPAL OF AND INTEREST ON THIS BOND are payable in. lawful money of the United States of America, without exchange or collection charges. The Issuer shall pay interest on this Bond on December 15, 2018 and on each June 15 and December 15 thereafter to the date of maturity. The last principal installment and interest payment of this Bond shall be paid to the registered owner hereof upon presentation and Surrender of this Bond at inaturity at the principal office of which is the "Paying Agent/Registrar"' for this Bond. The payment of all other principal installments of and interest oil this Bond shall be made by the Paying Agent/Registrar to the registered owner hereof on each principal and interest payment date by check or draft, dated as of such principal and interest payment date, drawn by the Paying Agent/Registrar on, and payable solely from, funds of the Issuer required by the Bond Ordinance to be on deposit with the Paying Agent/Registrar for such purpose as hereinafter provided-, and such check or draft shall be sent by the Paying Agent/Registrar by United States rnail, first-class postage prepaid, on each such interest payment date, to the registered owner hereof, at its address as, it appeared on the last business day of the month next preceding each such date (the "'Record Date") on the Registration Books kept by the Paying Agent/Registrar, as hereinafter described. In addition, principal and interest may be paid by such other method, acceptable to the Paying Agent/Registrar, requested by, and at the risk and expense of, the registered owner.