Laserfiche WebLink
said Local Improvement Fund No. 692 to pay the same and <br /> all unpaid bonds of this issue which are prior in numerical <br /> order to this bond over and above the amount necessary <br /> for the payment of the interest next coming due on the <br /> unpaid bonds of this local improvement district. <br /> Neither the owner nor the holder of this bond shall <br /> have any claim therefor against the City except for payment <br /> from the special assessments made for the improvements for <br /> which this bond is issued or except as against the Local <br /> Improvement Guaranty Fund of the City. The City shall not <br /> be liable to any owner or holder of this bond for any loss <br /> to the Guaranty Fund occurring in the lawful operation <br /> thereof by the City. The remedy of the owner or holder <br /> of this bond in case of nonpayment shall be confined to the <br /> enforcement of the assessments or to the Guaranty Fund. <br /> In the event this bond is co :od for payment befprz: <br /> its final maturity, each and every interest coupon not <br /> due at the time of such payment shall be void. <br /> The call for payment of this bond shall be made by <br /> the City Treasurer by one publication thereof in the offi- <br /> cial City newspaper in its first publication following the <br /> date of delinquency of any installment of assessments or <br /> as soon thereafter as practicable, and when such call is <br /> made, this bond shall be paid on the day the next interest <br /> coupon thereon shall become due after such call. <br /> IN WITNESS WHEREOF , the City of Everett, Washington, <br /> has caused this bond to be signed by its Mayor, to be <br /> attested by its Clerk, the corporate seal of the City to <br /> be impressed hereon and the interest coupons attached hereto <br /> 4 . <br />