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Em <br />No. <br />Ql <br />low <br />(Form of Bond) <br />UNITED STATES OF AMERICA <br />STATE OF ARKANSAS <br />COUNTY OF INDEPENDENCE <br />CITY OF BATESVILLE <br />% INDUSTRIAL DEVELOPMENT REVENUE BONDS <br />WESTPORT PROJECT <br />SERIES B <br />KNOW ALL MEN BY THESE PRESENTS: <br />$5,000 <br />That the City of Batesville, Independence County, Arkansas , a municipality <br />under the laws of the State of Arkansas (the "City"),for value received, promises <br />to pay to bearer, or if this bond be registered to the registered owner hereof on <br />December 1 , 19 , the principal sum of <br />FIVE THOUSAND DOLLARS <br />in such coin or currency of the United States of America as at the time of payment <br />shall be legal tender for the payment of public and private debts , and to pay in <br />like coin or currency interest on said principal amount from the date hereof until <br />paid at the rate of, <br />percent (__%) per annum, such interest to be <br />payable semiannually on June 1 and December 1 of each year, commencing June 1, 1971. <br />Payment of bearer bonds and interest coupons shall be made at the principal office <br />of First National Bank of Kansas City, Kansas City, Missouri (the "Trustee" and <br />the "Paying Agent") , or at the option of the holder or registered owner at the <br />principal office of First National Bank, Batesville, Arkansas (the "Co -Paying <br />Agent") . Payment of principal, when registered as to principal, and of interest <br />when registered as to interest, shall be by check or draft mailed to the registered <br />owner at the address shown on the bond registration book of the City maintained <br />by the Trustee. <br />This bond, designated "City of Batesville, Arkansas , Industrial <br />Development Revenue Bond - Westport Project, Series B" is one of a series of <br />bonds (the "Series B Bonds") aggregating One Hundred Twenty -Five Thousand <br />Dollars ($125,000), with the Series B Bonds being part of a total authorized issue <br />