Page 114 - 2018 Village Ordinance Book 122818

EXHIBIT A
FORM OF OBLIGATION

Unless this certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation
(“DTC”), to the issuer or its agent for registration of transfer, exchange, or payment, and any certificate issued is registered in the
name of Cede & Co. or in such other name as is requested by an authorized representative of DTC (and any payment is made to

Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE, OR
OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the
registered owner hereof, Cede & Co., has an interest herein.

STATE OF WISCONSIN
VILLAGE OF STURTEVANT

No. R-___ Registered
$_______________

GENERAL OBLIGATION PROMISSORY NOTE, SERIES 2018A

Interest Maturity Original CUSIP
Rate Date Issue Date
864161 ____
_____% April 1, 20__ April 19, 2018

REGISTERED OWNER: CEDE & CO.
PRINCIPAL AMOUNT: ___________________________________________ DOLLARS

THE VILLAGE OF STURTEVANT, WISCONSIN (herein called the “Issuer”), hereby
acknowledges itself to owe and for value received promises to pay the Principal Amount to the
Registered Owner on the Maturity Date, and to pay interest on the Principal Amount from the
Original Issue Date at the annual rate of the Interest Rate. Interest is payable semiannually on
April 1 and October 1, beginning on October 1, 2018, until the Principal Amount has been paid.
Interest is computed on the basis of a 360-day year of twelve 30-day months.

This Obligation is one of a duly authorized issue of notes (the “Obligations”) of
the Issuer of an aggregate principal amount of $2,475,000, all of like tenor, except as to
denomination, interest rate, maturity date, and redemption provisions, issued by the Issuer
pursuant to the provisions of Section 67.12(12) of the Wisconsin Statutes, and is authorized by
(1) an initial resolution adopted by the governing body of the Issuer on March 6, 2018 and
(2) the resolution duly adopted by the governing body of the Issuer on April 4, 2018, entitled:
“A Resolution Authorizing and Providing for the Sale and Issuance of $2,475,000 General
Obligation Promissory Notes, Series 2018A, and All Related Details” (the “Resolution”). The
Obligations are issuable only in the form of fully registered notes.

Exhibit A – Page 1

4839-9731-5678.2