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<br /> <br /> <br /> <br /> <br /> <br /> been pledged for such payment, within the limit prescribed by law, and that this Bond is <br /> additionally secured from surplus revenues of the Issuer's combined Waterworks and Sewer <br /> System, remaining after payment of all operation and maintenance expenses thereof, and <br /> all debt service and reserve requirements and any other payments, and deposits required in <br /> connection with the Issuer's Additional Parity Bonds or other revenue bonds (now or <br /> hereafter outstanding), which are payable from all or any part of the Net Revenues of the <br /> Issuer's combined Waterworks and Sewer System, all as described in the Bond Ordinance. <br /> <br /> THE ISSUER has reserved the right, subject to the restrictions stated, and adopted <br /> by reference, in the Bond Ordinance authorizing this Series of Bonds, to issue additional <br /> parity bonds or other revenue bonds which may be made payable from, and secured by a <br /> first lien on and pledge of, the aforesaid Net Revenues, superior to the pledge for the <br /> payment of the Bonds. <br /> <br /> THE REGISTERED OWNER HEREOF shall never have the right to demand <br /> payment of this Bond or the interest hereon out of any funds raised or to be raised by <br /> taxation, or from any sources whatsoever other than those described in the Bond Ordinance. <br /> <br /> BY BECOMING the registered owner of this Bond, the registered owner thereby <br /> acknowledges all of the terms and provisions of the Bond Ordinance, agrees to be bound <br /> by such terms and provisions, acknowledges that the Bond Ordinance is duly recorded and <br /> available for inspection in the official minutes and records of the governing body of the <br /> Issuer, and agrees that the terms and provisions of this Bond and the Bond Ordinance <br /> constitute a contract between each registered owner hereof and the Issuer. <br /> <br /> IN WITNESS WHEREOF, the Issuer has caused this Bond to be signed with the <br /> facsimile signature of the Mayor of the Issuer and countersigned with the facsimile signature <br /> of the City Clerk of the Issuer, and has caused the official seal of the Issuer to be duly <br /> impressed, or placed in facsimile, on this Bond. <br /> <br /> (facsimile signa~ ture) (facsimile signature) <br /> City Clerk Mayar <br /> <br /> SEAL <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 19 <br />