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Appendix A <br /> Exhibit A <br /> NOTICE OF PAYMENT DEFAULT <br /> Santa Ana Financing Authority <br /> Police Administration and Holding Facility <br /> Lease Revenue Bonds, Series 1994A <br /> Auction Rate Securities <br /> Inverse Rate Securities <br /> NOTICE IS HEREBY GIVEN that a Payment Default has occurred and is <br /> continuing with respect to the Bonds identified above. The next Auction for the ARS will <br /> not be held. The rate of interest on the ARS for the next succeeding Interest Period shall <br /> be the Non-Payment Rate. <br /> Dated: <br /> MERIDIAN TRUST COMPANY OF <br /> CALIFORNIA, as Trustee <br /> By <br /> Authorized Officer <br /> LA1-63221.5 A-A-1 <br />