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remaining provisions shall not in any way be affected or impaired thereby. The terms and <br /> provisions of this Bond and the Ordinance shall be construed in accordance with and shall be <br /> governed by the laws of the State of Texas. The holder of this Bond is not entitled to demand <br /> payment of this Bond out of any money raised by taxation. <br /> IN TESTIMONY WHEREOF,the City has caused its seal to be impressed or a facsimile <br /> thereof to be printed hereon and this Bond to be executed in the name of and on behalf of the City <br /> with the manual or facsimile signatures of its Mayor, and attested by the City Clerk. <br /> CITY OF SAN MARCOS, TEXAS <br /> By: <) 0,-Y�.A I <br /> By: �Aq �t&"4 <br /> City derk NAyor <br /> (SEAL) <br /> [INSERTIONS FOR THE INITIAL BOND] <br /> The Initial Bond shall be in the form set forth in this exhibit, except that: <br /> A. Immediately under the name of the Bond, the headings "INTEREST RATE" and <br /> "MATURITY DATE" shall both be completed with the words "As shown below", <br /> and the heading "CUSIP NO." shall be deleted. <br /> B. The first paragraph of the Bond shall be deleted and the following will be inserted <br /> (with all blanks and bracketed items to be completed with information contained in <br /> this Ordinance): <br /> "The City of San Marcos, Texas (the "City") hereby promises to pay, solely from the <br /> sources hereinafter identified and as hereinafter stated, to the Registered Owner named above, or <br /> the registered assigns thereof, on August I in each of the years, in the principal installments and <br /> bearing interest at the per annum rates set forth in the following schedule: <br /> Amount Year Rate <br /> (Information from Section 2.02 to be inserted) <br /> The City promises to pay interest on the unpaid principal amount hereof from the Bond Date <br /> specified above at the respective per annum rate of interest specified above computed on the basis <br /> of a 360-day year of twelve 30-day months; such interest being payable on February 15 and <br /> August 15 of each year, commencing February 15, 2026, Principal of this Bond shall be payable <br /> to the Registered Owner hereof, upon presentation and surrender, at the principal office of the <br /> Paying Agent/Registrar named in the registration certificate appearing hereon, or its successor. <br /> Interest shall be payable to the Registered Owner of this Bond whose name appears on the <br /> B-5 <br /> San Marcos I WWSRB 2025 11"Supplemental Ordinance <br />