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Vrr low Page 8 the date fixed for redemption each bond so called shall cease to bear interest, provided funds for its payment are on deposit with the paying agent at that time. The City covenants that all revenues derived from collections of said special tax in excess of the amount necessary to insure the prompt payment of the principal of and interest on the bonds, as the same become due, must be used from time to time on each interest paying date for calling the bonds for payment prior to maturity. IT IS HEREBY, CERTIFIED, RECITED AND DECLARED that all acts, conditions and things required to exist, happen and be per- formed, under the Constitution and laws of the State of Arkansas, particularly Amendment No. 13 to the Constitution of the State of Arkansas, precedent to and in the issuance of the bonds have existed, have happened and have been performed in due time, form and manner as required by law; that the indebtedness represented by the bonds does not exceed any constitutional or statutory limi- tation; and that a tax sufficient to pay the bonds, principal and interest, has been duly levied in accordance with Amendment No. 13 to the Constitution of the State of Arkansas and made payable annually until all of the principal of and interest on the bonds have been fully paid and discharged. This bond shall not be valid until it shall have been authenticated by the Certificate hereon duly signed by the Union National Bank of Little Rock, Little Rock, Arkansas.