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<br />. . <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />Upon transfer, a new Bond of any authorized denomination or <br />denominations for the same aggregate principal amount of the <br />same issue will be issued to the transferee in exchange <br />therefor. No exchange or transfer shall be made between the <br />fifteenth (15th) day preceding any selection of bonds for <br />redemption. <br /> <br />The Agency and the Fiscal Agent may treat the <br />registered owner of this Bond as its absolute owner for all <br />purposes, and the Agency and the Fiscal Agent shall not be <br />affected by any notice to the contrary. <br /> <br />This Bond shall not be entitled to any benefit under <br />the Resolution, or become valid or obligatory for any purpose, <br />until the certificate of authentication hereon endorsed shall <br />have been signed by the Fiscal Agent. <br /> <br />It is hereby recited, certified and declared that any <br />and all acts, conditions and things required to exist, to <br />happen and to be performed precedent to and in the issuance of <br />this Bond exist, have happened and have been performed in due <br />time, form and manner as required by the Constitution and laws <br />of the State of California. <br /> <br />IN WITNESS WHEREOF, the City of Santa Ana Community <br />Redevelopment Agency has caused this Bond to be signed on its <br />behalf by its Chairman and Secretary by facsimile signature, <br />and the seal of the Agency to be reproduced hereon. <br /> <br />Chairman of the City of Santa <br />Ana Community Redevelopment <br />Agency <br /> <br />(SEAL) <br /> <br />Secretary of the City of Santa <br />Ana Community Redevelopment <br />Agency <br /> <br />12-02-85 <br />9559p/228l/01 <br /> <br />A-5 <br />