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IN WITNESS WHEREOF, the City of Batesville, Arkansas has caused this bond to be executed in its name by its Mayor and City Clerk,thereunto duly authorized,and its corporate seal to be affixed, all as of the day of , 2024. CITY OF BATESVILLE, ARKANSAS ATTEST: By: Mayor City Clerk (SEAL) [A Registration Certificate and Record of Payment of Advances shall be attached to the bond along with an Exhibit setting forth the monthly principal amounts to be paid.] Section 5. The City Treasurer shall be custodian of the Pledged Revenues and shall give bond for the faithful discharge of his or her duties as such custodian, in an amount not less than $250,000 per occurrence. All Pledged Revenues received by the City Treasurer shall be deposited in such depository or depositories for the City as may be lawfully designated from time to time by the City; provided that each depository must hold membership in the Federal Deposit Insurance Corporation ("FDIC"). Any deposit in excess of the amount insured by FDIC shall be secured by Government Obligations (as defined in Section 16 hereof). Section 6. (a) The City Treasurer shall deposit all collections of the Tax received prior to the issuance of the bond and all collections of the Tax as and when received thereafter into a special fund of the City that is hereby created and designated"Sales and Use Tax Revenue Fund" (the "Revenue Fund"). (b) In order to pay interest on the bond, the City Treasurer shall deposit from moneys in the Revenue Fund into a special fund in the name of the City to be created by the Bondholder and designated "Series 2024C" (the "ADFA Bond Fund") on the first day of each month after the bond is issued and on the first day of each month thereafter until April 1,2028,the interest due on the bond on such dates. Commencing on the first day of each month thereafter, there shall be deposited into the ADFA Bond Fund from moneys in the Revenue Fund an amount equal to principal of and interest on the bond due on such date. Moneys in the ADFA Bond Fund shall be used to pay the principal of and interest on the bond when due. (c) When the moneys held in the ADFA Bond Fund shall be and remain sufficient to pay in full the principal of and interest on the bond, the City shall not be obligated to make any further payments into the ADFA Bond Fund. Section 7. After making the payments into the ADFA Bond Fund required by Section 6 hereof, there shall be paid from the Revenue Fund the Servicing Fee to the Authority. The Servicing Fee shall be payable on each date interest on the bond is due and shall be calculated 5