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A. immediately under the name of the Certificate, the headings "Interest Rate" <br />and "Maturity Date" shall both be completed with the words "As shown below" and <br />"CUSIP No. " shall be deleted. <br />B. the first paragraph shall be deleted and the following will be inserted: <br />"THE CITY OF PARIS, TEXAS (the "Issuer"), being a political subdivision and municipal <br />corporation of the State of Texas, hereby promises to pay to the Registered Owner specified above, <br />or registered assigns (hereinafter called the "Registered Owner"), on December 15 in the years, in <br />the principal installments and bearing interest at the per annum rates set forth in the following <br />schedule: <br />Principal Interest <br />Years Installments Rates <br />Years <br />2022 <br />2037 <br />2023 <br />2038 <br />2024 <br />2039 <br />2025 <br />2040 <br />2026 <br />2041 <br />2027 <br />2042 <br />2028 <br />2043 <br />2029 <br />2044 <br />2030 <br />2045 <br />2031 <br />2046 <br />2032 <br />2047 <br />2033 <br />2048 <br />2034 <br />2049 <br />2035 <br />2050 <br />II C <br />Principal Interest <br />Installments Rates <br />The Issuer promises to pay interest on the unpaid principal amount hereof (calculated on the basis <br />of a 360 -day year of twelve 30 -day months) from the Date of Initial Delivery set forth above at the <br />respective Interest Rate per annum specified above. Interest is payable on December 15, 2021 and <br />semiannually on each June 15 and December 15 thereafter to the date of payment of the principal <br />installment specified above, or the date of redemption prior to maturity; except, that if this <br />Certificate is required to be authenticated and the date of its authentication is later than the first <br />Record Date (hereinafter defined), such Principal Amount shall bear interest from the interest <br />payment date next preceding the date of authentication, unless such date of authentication is after <br />any Record Date but on or before the next following interest payment date, in which case such <br />principal amount shall bear interest from such next following interest payment date; provided, <br />however, that if on the date of authentication hereof the interest on the Certificate or Certificates, <br />if any, for which this Certificate is being exchanged is due but has not been paid, then this <br />Certificate shall bear interest from the date to which such interest has been paid in full." <br />C. The Initial Certificate shall be numbered "T-1." <br />13 <br />