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<br />plus unpaid accrued interest thereon to the date fixed for redemption. <br />At least thirty days prior to the date fixed for any such redemption, <br />the City shall cause a written notice of such redemption to be filed <br />with the Paying Agent. By the date fixed for any such redemption, due <br />provision shall be made with the Paying Agent for the payment of the <br />required redemption price. If such written notice of redemption is so <br />filed and if due provision for such payment is made, all as provided <br />above, the certificates which are to be so redeemed thereby <br />automatically shall be redeemed prior to their scheduled maturities; <br />and they shall not be regarded as being outstanding except for the <br />purpose of being paid by the Paying Agent with the funds so provided <br />for such payment. <br /> <br />IT IS HEREBY CERTIFIED, RECITED AND COVENANTED that the issuance <br />of this certificate and the series of certificates of which it is a <br />part is duly authorized by law; that all acts, conditions and things <br />required or proper to be performed, exist and be done precedent to or <br />in the issuance and delivery of this certificate and the series of <br />certificates of which it is a part have been performed, existed, and <br />been done as required by law; that due provision has been made for the <br />payment of the principal of and interest on this certificate and the <br />series of which it is a part by the levy of a direct and continual ad <br />valorem tax against all taxable property wi thin said Ci ty and by a <br />pledge of and lien on the net revenues of the City's waterworks and <br />sewer system; provided that such pledge and lien is subordinate and <br />inferior to the pledge of and lien on such revenues to the Outstanding <br />Bonds (as such term is defined in the Ordinance authorizing the <br />issuance of this series of certificates of obligation) and to any <br />bonds or other secur i ties issued to be on a par i ty wi th any of the <br />Outstanding Bonds. <br /> <br />SAID CITY RESERVES THE RIGHT to issue additional parity <br />certificates and bonds, which may be payable from the same source, <br />secured in the same manner and placed on a parity with this certificate <br />and the series of which it is a part. <br /> <br />IN WITNESS WHEREOF, this certificate and the interest coupons <br />appertaining hereto have been signed with the facsimile signature of <br />the Mayor of said City and countersigned with the facsimile signature <br />of the City Secretary of said City, and the official seal of said City <br />has been duly impressed or placed in facsimile on this certificate. <br /> <br />xxxxxxxxxxxxxxxxxxxxxxxxx <br />City Secretary, City of <br />San Marcos, Texas <br /> <br />xxxxxxxxxxxxxxxxxxxxxxxxx <br />Mayor, City of San Marcos, <br />Texas <br /> <br />( SEAL) <br /> <br />FORM OF REGISTRATION CERTIFICATE: <br /> <br />COMPTROLLER'S REGISTRATION CERTIFICATE: <br /> <br />REGISTER NO. <br /> <br />I HEREBY CERTIFY that this certificate has been examined, <br />certified as to validity, and approved by the Attorney General of the <br />State of Texas and that this certificate has been registered by the <br />Comptroller of Public Accounts of the State of Texas. <br /> <br />WITNESS my signature and seal this <br /> <br />Comptroller of Public Accounts <br />of the State of Texas <br /> <br />( SEAL) <br /> <br />-3- <br />