The collector receiving such warrant shall give notice thereof by publishing a notice at least twice, not more than 30 nor less than 15 days in advance, in one or more newspapers published in the municipality, or, if no newspaper is published therein, then in one or more newspapers with a general circulation within the municipality; except that, in municipalities with less than 500 population in which no newspaper is published, publication may be made by posting a notice in 3 prominent places within the municipality. Such notice may be substantially in the following form:

    Notice: Publication is hereby given that the (here insert title of court) has entered judgment for a special assessment (or special tax) upon property benefited by the following improvement: (here describe the character and location of the improvement in general terms), as appears more fully in the certified copy of the judgment on file in my office; that the warrant for the collection of such assessment (or special tax) is in the possession of the undersigned. All persons interested are hereby notified to call and pay the amount assessed at the collector’s office (here insert location of office) within 30 days from the date hereof.
     Dated (insert date).

     …. Collector.
 
    When such assessment or special tax is levied to be paid in installments, such notice shall, in addition to the foregoing, contain the amount of each installment, the rate of interest deferred installments bear, and the date when payable.