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<br />City will cause a new Bond or Bonds to be issued in the name of the transferee or <br />registered owner, of the same aggregate principal amount, bearing interest at the <br />same rate and maturing on the same date, subject to reimbursement for any tax, fee <br />or governmental charge required to be paid with respect to such transfer or <br />exchange. <br /> <br />The City and the Bond Registrar may deem and treat the person in whose name <br />this Bond is registered as the absolute owner hereof, whether this Bond is overdue <br />or not, for the purpose of receiving payment and for all other purposes, and neither <br />the City nor the Bond Registrar shall be affected by any notice to the contrary. <br /> <br />IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all <br />acts, conditions and things required by the Constitution and laws of the State of <br />Minnesota to be done, to exist, to happen and to be performed preliminary to and in <br />the issuance of this Bond in order to make it a valid and binding general obligation <br />of the City in accordance with its terms, have been done, do exist, have happened <br />and have been performed as so required, and that the issuance of this Bond does not <br />cause the indebtedness of the City to exceed any constitutional or statutory <br />limitation of indebtedness. <br /> <br />(Form of certificate to be printed on the reverse side of each Bond, following <br />a full copy of the legal opinion. ) <br /> <br />I certify that the above is a full, true and correct copy of the legal opinion <br />rendered by bond counsel on the issue of Bonds of the City of New Brighton, Minne- <br />sota, which includes the within Bond, dated as of the date of delivery of and <br />payment for the Bonds. <br /> <br />(Facsimile Signature) <br />City Clerk-Treasurer <br /> <br />The following abbreviations, when used in the inscription on the face of this <br />Bond, shall be construed as though they were written out in full according to <br />applicable laws or regulations: <br /> <br />TEN COM -- as tenants <br />in common <br /> <br />UNIF GIFT MIN ACT Custodian <br />(Cust) (Minor) <br /> <br />TEN ENT -- as tenants <br />by entireties <br /> <br />under Uniform Gifts or <br />Transfers to Minors <br /> <br />JT TEN -- <br /> <br />as joint tenants with <br />right of survivorship and <br />not as tenants in common <br /> <br />Act. . . <br /> <br />. . . '" ,. . . . . <br /> <br />(State) <br /> <br />Additional abbreviations may also be used though not in the above list. <br /> <br />SJ1l41117 <br />NE136-97 <br />