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4 <br />The interest on the Bonds shall be payable by check or draft <br />mailed one business day prior to the interest payment date to the <br />person in whose name each Bond is registered on the fifteenth day <br />of the month preceding such interest payment date. The principal <br />of, and premium on, the Bonds shall be payable in lawful money of <br />the United States of America, at the principal office of the <br />Trustee in the City of South Bend, Indiana. <br />All Bonds shall be cancelled upon their payment by the <br />Trustee. The Trustee shall dispose of such Bonds as permitted by <br />law and furnish to the Authority a certificate of their disposal, <br />signed by an authorized officer of the Trustee. <br />Sec. 2.02. The Bonds shall be executed in the name of the <br />Authority by the facsimile signature of the President of its Board <br />of Directors and attested by the facsimile signature of the <br />Secretary-Treasurer of its Board of Directors. In case any <br />official whose facsimile signature appears on the Bonds, shall <br />cease to be such officer before the Bonds shall be duly issued and <br />delivered, such Bonds shall, nevertheless, be the Bonds of the <br />Authority and in all respects binding and obligatory upon it to the <br />same extent as if signed by the officers of the Authority at the <br />date of the actual issuance and delivery thereof. <br />Sec. 2.03. Each of the Bonds shall be authenticated by a <br />certificate of the Trustee endorsed thereon substantially in the <br />• form hereinafter set forth. Only such Bonds as shall bear thereon <br />the certificate of the Trustee shall be secured by this Agreement <br />or entitled to any lien or benefit hereunder, and the certificate <br />of the Trustee upon any such Bond executed by the Authority shall <br />be conclusive evidence that the Bond so authenticated has been duly <br />issued hereunder and is entitled to the benefits of the trust <br />hereby created. <br />Sec. 2.04. The form of said Bonds, the Trustee's certificate <br />to be endorsed thereon, and the registration endorsement (with <br />appropriate insertions of amounts and distinguishing numbers and <br />letters), shall be substantially as follows: <br />• -6- <br />