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ARTICLE IV REVENUES; NOTE FUND Section 4.01. Pledge of Revenues. The Note shall be secured by a first pledge (which pledge shall be effected in the manner and to the extent hereinafter provided) of all of the Revenues and a first pledge of all of the moneys in the Note Fund. The Revenues are hereby allocated in their entirety to the payment of the principal of and interest on the Note and, until the payment in full thereof, the Revenues shall be applied solely to the payment of such principal and interest. The pledge and allocation of Revenues is for the exclusive benefit of the Bank and shall be irrevocable until the Note has been paid and retired or provision made therefor. The City will not issue any obligation or security superior to or on a parity with the Note, howsoever denominated, payable in whole or in part from the Revenues which are hereby pledged to the payment of the principal of and interest on the Note, until the Note has been paid and retired or provision made therefor. The Note shall be a special obligation of the City and shall be payable solely from the funds herein provided therefor. The Note shall not constitute an indebtedness of the City, the State of California or any of its subdivisions, and neither said State nor any of its political subdivisions shall be liable thereon, nor in any event shall the Note be payable out of any funds or properties of the City other than the Revenues as provided herein. Neither the faith and credit nor the taxing power of the City is pledged to the payment of the principal of or interest on the Note. Section 4.02. Note Fund. There is hereby created a special fund to be designated the "City o--F Santa Ana 1982 Industrial Revenue Note (Mitsubishi Consumer Electronics America, Inc.) Note Fund" (herein referred to as the "Note Fund"), which the City hereby covenants and agrees to cause to be maintained and which shall be held in trust for the benefit of the Bank. Upon the receipt thereof, the Bank shall deposit all Revenues in the Note Fund. All Revenues at any time paid into the Note Fund shall be disbursed, allocated and applied solely for the purpose of payment of principal and interest on the Note in accordance with the requirements and provisions of Article II hereof. So long as the Note is outstanding, the City shall not have any beneficial right or interest in the Revenues, except only as in this Resolution provided, and such moneys shall be used and applied by the Bank as hereinafter set forth in this Article IV. When the Note is no longer Outstanding, all fees, charges and expenses of the Bank have been paid or provided for, all expenses of the City relating to the Project have been paid or provided for, and this Resolution has been discharged and satisfied, the Bank shall pay any amounts remaining in the Note Fund to the Participating Party. Section 4.03. Deposit and Investment of Moneys in Funds. All moneys held in the Funds established pursuant to this Resolution shall be deposited lO