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• Subject to the limitations and upon payment of the <br />charges, if any, provided in the proceedings authorizing the Bonds <br />of the issue of which this Bond is one, this Bond may be exchanged <br />at the principal corporate trust office of the Registrar for a like <br />aggregate principal amount of Bonds of other authorized principal <br />sums and of the same issue, interest rate and maturity. This Bond <br />is transferable by the Registered Owner hereof or by his attorney <br />duly authorized in writing, on the books of registry kept by the <br />Registrar for such purpose at the principal corporate trust office <br />of the Registrar but only in the manner, subject to the limitations <br />and upon payment of the charges, if any, provided in the <br />proceedings authorizing the Bonds of the issue of which this Bond <br />is one, and upon the surrender hereof for cancellation. Upon such <br />transfer a new Bond or Bonds of authorized denominations and of the <br />same aggregate principal amount, issue, interest rate and maturity <br />as the Bond surrendered, will be issued to the transferee in <br />exchange herefor. <br />The full faith and credit of the City are irrevocably <br />pledged to the punctual payment of the principal of and interest on <br />this Bond as the same become due. <br />This Bond shall not be valid or obligatory unless the <br />certificate of authentication hereon shall have been manually <br />signed by an authorized officer of the Registrar. <br />• It is certified, recited and declared that all acts, <br />conditions and things required to exist, happen or be performed <br />precedent to and in the issuance of this Bond do exist, have <br />happened and have been performed in due time, form and manner as <br />required by law, and that the amount of this Bond, together with <br />all other indebtedness of the City does not exceed any limitation <br />of indebtedness prescribed by the Constitution or statutes of the <br />Commonwealth of Virginia or the Charter of the City. <br />IN WITNESS WHEREOF, the City has caused this Bond to be <br />executed by the facsimile signature of its Mayor and City <br />Treasurer; a facsimile of the corporate seal of the City to be <br />imprinted hereon, attested by the facsimile signature of the Clerk <br />of Council of the City; and this Bond to be dated the <br />day of , 19_ <br />CITY OF CHARLOTTESVILLE, VIRGINIA <br />Mayor <br />[SEAL] <br />Attest: <br />• City Treasurer <br />Clerk of Council <br />