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~~ <br />., <br />• (Form of Bond) <br />UNITED STATES OF AMERICA <br />State of Indiana <br />County of St. Joseph <br />Registered $egistered <br />No. <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />LEASE RENTAL REVENUE BOND <br />(PARKING FACILITY REFUNDING) <br />Interest Maturity Original Authentication <br />Rate Date Date Date CUSIP <br />Registered Owner: <br />Principal Sum: <br />• SOUTH BEND REDEVELOPMENT AUTHORITY, a body corporate and <br />politic, duly organized and existing under the laws of the State <br />of Indiana (hereinafter called the "Authority"), for value <br />received, hereby promises to pay to the Registered Owner (named <br />above) or registered assigns, solely out of the Pledged Funds <br />(hereinafter referred to) the Principal Sum set forth above on the <br />Maturity Date set forth above (unless this Bond is subject to and <br />shall have been duly called for prior redemption and payment made <br />as provided for herein), and to pay interest hereon solely from <br />such Pledged Funds until the Principal Sum shall be fully paid at <br />the rate per annum stated above from the interest payment date to <br />which interest has been paid next preceding the Authentication Date <br />of this Bond unless this Bond is authenticated after the fifteenth <br />day of the month preceding an .interest payment date and on or <br />before such interest payment date in which case it shall bear <br />interest from such interest payment date, or unless this Bond is <br />authenticated on or before July 15, 1992, in which case it shall <br />bear interest from the Original Date, which interest is payable on <br />February 1 and August 1 of each year, beginning on August 1, 1992. <br />Interest on this Bond is payable by check or draft mailed one <br />business day prior to the interest payment date to the person in <br />whose name this Bond is registered on the fifteenth day of the <br />month preceding such interest payment date. Principal and premium, <br />if any, of this Bond are payable in lawful money of the <br />• -7- <br />