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I� • ' <br />UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />CITY OF PARIS, TEXAS COMBINATION TAX <br />AND SURPLUS REVENUE <br />CERTIFICATE OF OBLIGATION , SERIES 2013 <br />Interest Rate <br />% <br />REGISTERED OWNER: <br />PRINCIPAL AMOLTNT: <br />Dated Date <br />February 1, 2013 <br />Maturity Date <br />June 15, <br />PRINCIPAL <br />AMOUNT <br />$ <br />CUSIP No. <br />DOLLARS <br />ON THE MATURITY DATE specified above, the City ofParis, in Lamar County, Texas (the <br />"Issuer"), being a political subdivision and municipal corporation of the State of Texas, hereby <br />promises to pay to the Registered Owner specified above, or registered assigns (hereinafter called the <br />"Registered Owner"), on the Maturity Date specified above, the Principal Amount specified above. <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 delivery hereof (which date appears in <br />the Delivery Certificate endorsed on this Certificate) at the Interest Rate per annum specified above. <br />Interest is payable on June 15, 2013 and semiannually on each December 15 and June 15 thereafter <br />to the Maturity Date specified above, or the date of redemption prior to maturity; except, if this <br />Certificate is required to be authenticated and the date of its authentication is later than the first <br />Record Date, such Principal Amount shall bear interest from the interest payment date next preceding <br />the date of authentication, unless such date of authentication is after any Record Date but on or <br />before the next following interest payment date, in which case such principal amount shall bear <br />interest from such next following interest payment date; provided, however, that if on the date of <br />authentication hereof the interest on the Certificate or Certificates for which this Certificate is being <br />exchanged is due but has not been paid, then this Certificate shall bear interest from the date to which <br />such interest has been paid in full. <br />THE PRINCIPAL OF AND ANY INTEREST ON this Certificate are payable in lawful <br />money of the United States of America, without exchange or collection charges. The principal of this <br />Certificate shall be paid to the Registered Owner hereof upon presentation and surrender of this <br />Certificate at maturity, or upon the date fixed for its redemption prior to maturity, at the corporate <br />trust office of The Bank ofNew York Mellon Trust Company, N.A., in Dallas, Texas, which is the <br />"Paying Agent/Registrar" for this Certificate. The payment of interest on this Certificate shall be <br />made by the Paying Agent/Registrar to the Registered Owner hereof on each interest payment date <br />by check or draft, dated as of such interest payment date, drawn by the Paying Agent/Registrar on, <br />and payable solely from, funds of the Issuer required by the ordinance authorizing the issuance of this <br />Certificate (the "Certificate Ordinance") to be on deposit with the Paying Agent/Registrar for such <br />purpose as hereinafter provided; and such check or draft shall be sent by the Paying Agent/Registrar <br />7 <br />