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"This bond if registered shall be transferable <br /> to another registered holder or back to the bearer <br /> only upon presentation to the City Treasurer with <br /> the legal assignment duly acknowledged and approved. <br /> "Registration of this bond shall not affect the <br /> negotiability of the coupons attached hereto, which <br /> will at all times be transferable by delivery. <br /> Date of Name and Address Signature of <br /> Registration of Registered Owner City Treasurer <br /> In the event a single registered bond shall be issued to <br /> the Secretary of Housing and Urban Development of the United States <br /> of America, it shall be in substantially the following form: <br /> No. R-1 ($258 ,000 .00) <br /> ($262 ,000 .00) <br /> UNITED STATES OF AMERICA <br /> STATE OF WASHINGTON <br /> CITY OF EVERETT <br /> PARKING SYSTEM REVENUE BOND, SERIES (A) (B) <br /> (4%) (4-1/2%) <br /> KNOW ALL MEN BY THESE PRESENTS : That the City <br /> of Everett, Washington (herein sometimes called <br /> the "City" ) , a municipal corporation of the State <br /> of Washington, for value received promises to pay <br /> to the Secretary of Housing and Urban Development <br /> of the United States of America, or his successor <br /> (herein sometimes called the "Payee") or his <br /> registered assigns (herein sometimes called the <br /> "Alternate Payee") , the principal sum of <br /> (TWO HUNDRED FIFTY-EIGHT THOUSAND DOLLARS) <br /> (TWO HUNDRED SIXTY-TWO THOUSAND DOLLARS) <br /> payable on the first day of January in installments <br /> in each of the years as follows : <br /> (Series A Bonds) (Series B Bonds) <br /> Years Amounts Years Amounts <br /> 1974 $ 3 ,000 1974 $ 2 ,000 <br /> 1975-1978 5 , 000 1975-1977 5 , 000 <br /> 1979-1985 10 , 000 1978-1984 10 ,000 <br /> 1986-1996 15 , 000 1985 15 ,000 <br /> 1986 10 ,000 <br /> 1987-1996 15 , 000 <br /> -12- <br />