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be signed by the manual signature of the Chairman of the Community Redevelopment Authority <br />of the City of Grand Island, countersigned by the manual signature of the Secretary of the <br />Community Redevelopment Authority of the City of Grand Island, and the City's corporate seal <br />imprinted hereon. <br />[S E A L] <br />By: (manual signature) <br />Secretary <br />Northwest Commons — Grand Island Mall, 2228 N Webb Rd <br />201407626 <br />COMMUNITY REDEVELOPMENT <br />AUTHORITY OF THE CITY OF GRAND <br />ISLAND, NEBRASKA <br />By: (manual signature) <br />Chairman <br />The COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY OF <br />GRAND ISLAND, NEBRASKA (the "Authority ") acknowledges itself indebted to, and for <br />value received hereby promises to pay, but solely from certain specified tax revenues and other <br />funds hereinafter specified, to the Registered Owner named above, or registered assigns, on the <br />Date of Maturity stated above (or earlier as hereinafter referred to), the Principal Amount on <br />Schedule 1 attached hereto upon presentation and surrender hereof at the office of the registrar <br />and paying agent herefor, the Treasurer of the City of Grand Island, Nebraska (the "Registrar "), <br />and in like manner to pay interest on the Cumulative Outstanding Principal Amount reflected in <br />Schedule 1 at the Rate of Interest stated above, calculated on the basis of a 360 -day year <br />consisting of twelve, 30 -day months, from the Date of Original Issue stated above, or the most <br />recent interest payment date to which interest has been paid or duly provided for, as specified <br />below, to maturity or earlier redemption, payable semiannually on May 1 and November 1 of <br />each year until payment in full of such Principal Amount, beginning <br />201, by check or draft mailed to the Registered Owner hereof as shown on the bond registration <br />books maintained by the Registrar on the 15th day of the month preceding the month in which <br />the applicable interest payment date occurs, at such Owner's address as it appears on such bond <br />registration books. The principal of this Bond and the interest hereon are payable in any coin or <br />currency which on the respective dates of payment thereof is legal tender for the payment of <br />debts due the United States of America. <br />This Bond is issued by the Authority under the authority of and in full compliance with the <br />Constitution and statutes of the State of Nebraska, including particularly Article VIII, Section 12 of <br />the Nebraska Constitution, Sections 18 -2101 to 18 -2153, inclusive, Reissue Revised Statutes of <br />Nebraska, as amended, and under and pursuant to Resolution No. duly passed and <br />adopted by the Authority on , 201, as from time to time amended and supplemented (the <br />"Resolution "). <br />