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<br /> I! <br /> ! <br /> <br /> ~ <br /> ~ <br /> <br /> <br /> provisions of this Ordinance, and a certified copy of this <br /> Ordinance shall be delivered to each Paying Agent/Registrar. <br /> Section 7. FORM OF SUBSTITUTE CERTIFICATES OF OBLIGATION. <br /> The form of all Certificates of Obligation issued in conversion <br /> and exchange or replacement of any other Certificate of <br /> ~Obligation or portion thereof, including the form of Paying <br /> Agent/Registrar's Certificate to be printed on each of such <br /> Certificates of Obligation, and the Form of Assignment to be <br /> printed on each of the Certificates of Obligation, shall be, <br /> respectively, substantially as follows, with such appropriate <br /> ~variations, omissions, or insertions as are permitted or <br /> required by this Ordinance. <br /> ~ FORM OF SUBSTITUTE CERTIFICATE OF OBLIGATION <br /> <br /> INO. PRINCIPAL <br /> j AMOUNT <br /> 1 $ <br /> [ UNITED STATES OF AMERICA <br /> ~ STATE OF TEXAS <br /> I COUNTY OF LAMAR <br /> ~ CITY OF PARIS, TEXAS <br /> COMBINATION TAX & UTILITY SYSTEM REVENUE <br /> CERTIFICATE OF OBLIGATION <br /> SERIES 1984 <br /> lINTEREST RATE MATURITY DATE DATE OF ORIG. ISSUE CUSIP N0. <br /> R % <br /> ~ ON THE MATURITY DATE specified above, THE CITY OF PARIS <br /> ;(the "Issuer"), being a political subdivision of the State of <br /> ` Texas, hereby promises to pay to <br /> ~ or to the re istered assi nee h <br /> g g ereof (either being hereinafter <br /> ~called the "registered owner") the principal amount of <br /> i <br /> land to pay interest thereon from December 15, 1984 to the ma- <br /> iturity date specified above at the interest rate per annum <br /> ~specified above with interest being payable on June 15, 1985 <br /> ; and semiannually on each December 15 and June 15 thereafter; <br /> jexcept that if the date of authentication of this Certificate <br /> of Obligation is later than May 31, 1985, such principal amount <br /> ~shall bear interest from the interest payment date next preced- <br /> ~ing the date of authentication, unless such date of authentica- <br /> ! tion is after any Record Date (hereinafter defined) but on or <br /> lbefore the next following interest payment date, in which case <br /> ~ such principal amount shall bear interest from such next <br /> Ifollowing interest payment date. <br /> { <br /> ! THE PRINCIPAL OF AND INTEREST ON this Certificate of Obli- <br /> i gation are payable in lawful money of the United States of <br /> ~ America, without exchange or collection charges. The principal <br /> of this Certificate of Obligation shall be paid to the regis- <br /> tered owner hereof upon presentation and surrender of this Cer- <br /> tificate of Obligation at maturity or upon the date fixed for <br /> its redemption prior to maturity, at the principal corporate <br /> trust office of INTERFIRST BANK DALLAS, N.A., Dallas, Texas, <br /> ~ which is the "Paying Agent/Registrar" for this Certificate of <br /> Obligation. The payment of interest on this Certificate of <br /> ~ Obligation shall be made by the Paying Agent/Registrar to the <br /> registered owner hereof on the interest payment date by check <br /> or draft, dated as of such interest payment date, drawn by the <br /> Paying Agent/Registrar on, and payable solely from, funds of <br /> the Issuer required by the Ordinance authorizing the issuance <br /> of the Certificates of Obligation (the "Certificate of Obliga- <br /> tion Ordinance") to be on deposit with the Paying Agent/ Regis- <br /> ! trar for such purpose as hereinafter provided; and such check <br /> or draft shall be sent by the Paying Agent/Registrar by United <br /> I 13 <br />