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UNITED STATES OF AMERICA <br />STATE OF ARKANSAS <br />COUNTY OF INDEPENDENCE <br />CITY OF BATESVILLE <br />SEWER REVENUE BOND <br />No. <br />KNOW ALL MEN BY THESE PRESENTS: <br />That the City of Batesville, County of Independence, and State of <br />Arkansas (called "City") , acknowledges itself to owe and, for value received, <br />hereby promises to pay to bearer, or if this bond be registered, to the registered <br />owner hereof, solely from the special fund provided as hereafter set forth, the <br />principal sum of <br />DOLLARS <br />in such coin or currency as shall be legal tender for the payment of debts due <br />the United States of America on the first day of February, 19_, and to pay solely <br />from said special fund interest hereon at the rate of <br />per <br />cent (�%) per annum, from date, semiannually on February 1 and August 1 <br />of each year, commencing August 1, 1967, upon presentation and surrender of the <br />annexed coupons as they severally become due. Both principal and interest of <br />this bond are hereby made payable at the principal office of <br />(the "Trustee" and the "Paying Agent") . <br />This bond is part of an issue of <br />bonds, aggregating <br />Dollars ($ ), numbered consecutively from one (1) to <br />(_) , inclusive, all of like tenor and effect, except <br />as to number, denomination, rate of interest, maturity and right of prior redemption, <br />and are issued for the purpose of refunding the outstanding Sewer Revenue Bonds <br />of the City, being an issue of Sewer Revenue Bonds, dated December 1, 1954, and <br />