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. . . . . (FORM OF REGISTERED BOND) Community Redevelopment Agency of the City of Santa Ana Orange County, State of California No. R- Residential I>tJrtgage Revenue. Bond Issue of 1981, Series A (Participation Purchase and loan to lender Program) KNOW All Io'fN BY THESE PRESENTS that the Conmunity Redevelopment Agency of the City of Santa Ana (hereinafter sometimes called "Agency") a public body, corporate and p.olitic, organized and existing under, and by virtue of, the laws of the State of California, for value received, hereby promises to pay, from the sources of funds hereinafter described, to or registered assigns, the principal sum of THOUSAND DOllARS ($ ) on the first day of , , unless redeemed prior thereto as herelnafter provided, upon the presenta~and surrender hereof at the c.orp.orate trust office .of Security Pacific National Bank, in the City of los Angeles, State of California, or its success.ors, as trustee (herein called the "Trustee") under Resolution No. 81-40, "A Resolution of the Conmunity Redevelopment Agency of the City of Santa Ana Authorizing the Issuance of Residential M.ortgage Revenue Bonds, Issue.of 1981, Series A (Participation Purchase and loan t.o lender Program)" (herein called the "Resolution"), adopted by the Agency .on May 26, 1981, and to pay t.o the registered owner hereof by check of the Trustee interest on such principal sum from the date hereof at the rate of percent ( %) per annum c.onmencing on May 1, 1982, and semiannually thereafter on the first day of May and the first day of November of each year. Principal of and interest and redemption premium, if any, on this Bond are payable in lawful money of the United States of America which at the time of payment is legal tender for the payment of public and private debts. This Bond is a special obligation of the Agency and is one of a duly authorized issue of bonds of the Agency issued in the aggregate principal amount of $15,730,000, designated "Residential Mortgage Revenue Bonds, Issue of 1981, Series A (Participation Purchase and loan to lender Program)" (herein ca lled the "Bonds"), issued under and pursuant to Chapter 8, colllllenci ng with Section 33750, of Part 1 of Division 24 of the Health and Safety Code of the State of California, as now or hereafter amended (herein called the "Act"), and under and pursuant t.o the Resolution. Copies of the Resolution are on file at the office .of the Agency and at the corporate trust office of the Trustee, and reference to the Resolution and any and all supplements thereto and modifications and amendments thereof and 72