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December 1 , 1977 and June 1, 1978, at 104 <br /> December 1, 1978 and June 1, 1979, at 103 1/2 <br /> December 1, 1979 and June 1, 1980 , at 103 <br /> December 1, 1980 and June 1, 1981, at 102 1/2 <br /> December 1, 1981 and June 1, 1982 , at 102 <br /> December 1, 1982 and June 1, 1983 , at 101 1/2 <br /> December 1, 1983 and June 1, 1984 , at 101 <br /> December 1, 1984 and June 1, 1985, at 100 1/2 <br /> December 1, 1985 and any interest payment date thereafter, at 100. <br /> Notice of any such intended redemption shall be given by one <br /> publication thereof in the official city newspaper not more than <br /> forty nor less than thirty days prior to said redemption date and <br /> by mailing a like notice at the same time to <br /> This bond is one of an issue of two thousand four hundred <br /> bonds of the City of Everett , Washington, of like amount , date <br /> and tenor except as to number, rate of interest and date of <br /> maturity , aggregating the total principal amount of $12 ,000 ;000 , <br /> which bonds are issued pursuant to the laws of the State of <br /> Washington and ordinances of the city duly and regularly adopted, <br /> for the purpose of providing funds to acquire, construct and <br /> install certain additions and improvements to the water supply <br /> and distribution system of the city . All of the bonds of this <br /> issue are payable out of the gross earnings and revenue of such <br /> water supply and distribution system and all additions and im- <br /> provements thereto and extensions thereof. <br /> The City of Everett hereby covenants and agrees with the <br /> owner and holder of this bond that it will keep and perform all <br /> the covenants of this bond and of said Ordinance No. to <br /> be by it kept and performed. <br /> The City of Everett does hereby pledge and bind itself to <br /> set aside from the money in its Water System Fund, and to pay <br /> 20. <br />