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The City and the Bond Registrar may deem and treat the person in whose name <br />this Bond is registered as the absolute owner hero,of, whether this Bond is overdue <br />or not, for the purpose of receiving payment and for all other pm. poses, and neither <br />the City nor the Bond Registrar will be affected by any notice to the contrary. <br /> <br /> IT IS HEREBY CERTIFIED, RECITED, COVENANTED AND AGREED that all <br />acts, conditions and things required by the Constitution and laws of the State of <br />Minnesota, and the City's home rule charter to be done, to exist, to happen and to <br />be performed prelimin,~, to and in the issuance of this Bond in older to make it a <br />valid and binding general obligation of the City in accordance with its terms, have <br />been done, do exist, have happened and have been performed ~s so required, and <br />that the issuance of this Bond does not cause the indebtedness of the City to exceed <br />any constitutional, statutory or charter limitation of indebtedness. <br /> <br /> (Form of certificate to be printed on the reverse side of each Bond, following <br />a full copy of the legal opinion. ) <br /> <br /> I certify thst the above is a full, true and correct copy of the legal opinion <br />rendered by bond counsel on the issue of Bonds of the City of Ramsey, Minnesota, <br />which includes the within Bond, dated as of the date of delivery of and payment for <br />the Bonds. <br /> <br /> (Facsim{le Signature) <br />City Administrator <br /> <br /> The following abbreviations, when used in the inscription on the face of this <br />Bond, shall be construed as though they were written out in full according to <br />applicable laws or regulations: <br /> <br />TEN COM -- as tenants UNIF GIFT MIN ACT Custodian <br />in common (Cust) (Minor) <br /> <br />TEN ENT -- as tenants <br /> by entireties <br /> <br />under Un~'orm Gifts or <br />T~fers to Minors <br /> <br />JT TEN -- <br /> <br />as joint tenants with <br />right of survivorship and <br />not as tenants in common <br /> <br />Act ............ <br /> (State) <br /> <br />Additional abbreviations may also be used though not in the above list. <br /> <br />ASSIGNMENT <br /> <br /> For value received, the undersigned hereby sells, assigns and transfers unto <br /> the within Bond and ali rights <br />thereunder, and does hereby irrevocably constitute and appoint <br /> attorney to transfer the said Bond on the books kept for <br />registration of the within Bond, with full power of substitution in the premises. <br /> <br />BA125-32 <br /> <br /> <br />