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<br /> (FORM OF BOND)
<br /> UNITED STATES OF AMERICA
<br /> STATE OF COLORADO
<br /> COUNTY OF BOULDER
<br /> CITY OF LOUISVILLE
<br /> INDUSTRIAL DEVELOPMENT REVENUE BOND
<br /> (LOUISVILLE MEDICAL ASSOCIATES PROJECT)
<br /> SERIES 1984
<br /> No. R-1 $400,000
<br /> The City of Louisville, Colorado, a political sub-
<br /> division of the State of Colorado and a body corporate and politic
<br /> (the "Issuer"), for value received, hereby promises to pay to the
<br /> First National Bank of Louisville, in Louisville, Colorado,
<br /> or its reg i stered assigns (the "Lender"), solely and only from
<br /> the sou r ce and in the manner hereinafter provided, the principal
<br /> sum of
<br /> FOUR HUNDRED THOUSAND DOLLARS ($400,000)
<br /> or so much thereof as remains unpaid from time to time (the
<br /> "Principal Balance"), with interest thereon from date to maturity
<br /> (or prior redemption) as hereinafter set forth, which interest
<br /> rate is subject to adjustment in the event of a Determination of
<br /> Taxability, as hereinafter provided. The installments of princi-
<br /> pal and interest are payable semiannually, commencing on ,
<br /> 19 , and are due on and each year thereafter,
<br /> with the principal installments due as follows:
<br /> Principal Principal
<br /> Date of Payment Amount Date of Payment Amount
<br /> -
<br /> , 1984 -0- , 1992 $ 2,525.82
<br /> , 1985 -0- , 1992 2,699.22
<br /> , 1985 -0- , 1993 2,846.17
<br /> , 1986 -0- , 1993 3,021.25
<br /> , 1986 1,309.76 , 1994 3,207.13
<br /> , 1987 1,390.35 , 1994 3,401.43
<br /> , 1987 1,475.87 , 1995 3,613.87
<br /> , 1988 1,566.68 , 1995 3,836.20
<br /> , 1988 1,663.06 , 1996 4,072.21
<br /> , 1989 1,765.48 , 1996 4,322.72
<br /> , 1989 1,873.97 , 1997 4,588.67
<br /> , 1990 1,989.25 , 1997 4,870.96
<br /> , 1990 2,111.63 , 1998 5,170.62
<br /> , 1991 2,241.54 , 1998 5,488.71
<br /> , 1991 2,379.43 , 1999 326,568.00
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