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and credit nor the taxing power of the City or the State of Washington is pledged to the payment <br /> of this bond. <br /> This bond is not subject to redemption or prepayment prior to its stated maturity. <br /> This bond is not transferable. <br /> The City has designated this bond as a qualified tax-exempt obligation under <br /> Section 265(b) of the Code for investment by financial institutions. <br /> This bond shall not be valid or become obligatory for any purpose or be entitled to any <br /> security or benefit under the Bond Ordinance until the Certificate of Authentication hereon shall <br /> have been manually signed by the Bond Registrar. <br /> It is hereby certified, recited and declared that all acts, conditions and things required by <br /> the Constitution and statutes of the State of Washington to exist, to have happened and to have <br /> been performed precedent to and in the issuance of this bond do exist, have happened and have <br /> been performed in due time, form and manner as prescribed by law, and that the amount of this <br /> bond, together with all other obligations or indebtedness of the City, does not exceed any <br /> constitutional or statutory limitations of indebtedness. <br /> IN WITNESS WHEREOF, the City of Everett, Washington, has caused this bond to be <br /> signed by the manual or facsimile signature of its Mayor, and attested by the manual or facsimile <br /> signature of its City Clerk, and the manual or facsimile seal of the City to be impressed or <br /> imprinted hereon, all as of the day of May, 1998. <br /> CITY OF EVERETT, WASHINGTON <br /> By /s/ <br /> Mayor <br /> (SEAL) <br /> Attest: <br /> /s/ <br /> City Clerk <br /> -16- DOTOQ5 DOC 98/04/28 <br />