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UNITED STATES OF AMERICA STATE OF ARKANSAS COUNTY OF INDEPENDENCE CITY OF BATLSVILLE 6% INDUSTRIAL DEVELOPMENT REVENUE BOND - WESTPORT PROJECT SERIES A No. KNOW ALL MEN BY THESE PRESENTS: $5,000 That the City of Batesville, Independence County, Arkansas, a municipality under the laws of the State of Arkansas (the "City") for value received, promises to pay to bearer, or if this bond be registered to the registered owner hereof on December 1, 19 , the principal sum of FIVE THOUSAND DOLLARS in such coin or currency of the United States of America as at the time of payment shall be legal tender for the payment of public and private debts, and to pay in like coin or currency interest on said principal amount from the date hereof until paid at the rate of six per cent (6%) per annum, such interest to be payable semiannually on June 1 and December 1 of each year, commencing June 1, 1969, upon presentation and surrender of the annexed coupons as they severally become due. The principal of this bond and the interest thereon are payable at the principal office of First National Bank of Kansas City, Kansas City, Missouri (the "Trustee" and the "Paying Agent"), or at the option of the holder or registered owner, at the principal office of First National Bank, Batesville, Arkansas (the "Co -Paying Agent") . This bond, designated "City of Batesville, Arkansas, Industrial Development Revenue Bond - Westport Project, Series A" , is one of a series of bonds aggregating Three Hundred Seventy -Five Thousand Dollars ($375,000). The Series A Bonds are part of an authorized issue of $500, 000 in principal amount, to be issued in series, with the bonds of all series to rank on a parity of security and with the bonds of all series to be collectively re- ferred to as the "bonds" . The bonds are being issued for the purpose of financing Project costs, paying necessary expenses of issuing the bonds