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l I l 1065W JHHW: SSW: sab :sab:dc :sab 12/9/83 12/11/83 12/12/83 " (FORM OF BOND) No. R-l $ UNITED STATES OF AMERICA STATE OF CALIFORNIA COUNTY OF ORANGE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF SANTA ANA INDUSTRIAL REVENUE BONDS (FAIRVIEW INVESTORS PROJECT) The INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF SANTA ANA, a public agency, organized and existing under and by virtue of the laws of the State of Ca 1 iforni a (the "Authority"), for va 1 ue recei ved, hereby promi ses to pay on January 1, 1994, to or registered assigns, the principal sum of ($ ). together wi th interest on the unpaid principal amount hereof from the date hereof until payment of such principal sum in full, at the rate of ten percent (10.00%) per annum, payable on July 1,1984, and on each January 1 and July 1 thereafter through January 1, 1994, (each of said dates being herein referred as a "Payment Dates"). Both the principal of, redemption premium (if any) and interest on this Bond are payable in lawful money of the United States of America by check or draft of the Servicing Agent mailed to the registered owner (the "Owner") of this Bond at the Owner's address as shown on the registration records of the Authority kept by the Servicing Agent, or at such other address as the Owner may have filed with the Servicing Agent for that purpose, except that principal payable on redemption may be paid upon presentment and surrender as described below. Thi s Bond is one of a duly authori zed issue of Industri a 1 Development Authority of the City of Santa Ana Industrial Revenue Bonds (Fairview Investors Project) (the "Bonds") in aggregate principal amount of Two Million Two Hundred Eighty Thousand Dollars ($2,280,000), issued pursuant to the provisions of Title 10 (commencing with Section 91500) of the Government Code of the State of California, and pursuant to Resolution No. 83-7-IDA adopted by the Authority on November 7, 1983, as supplemented by resolution adopted by the Authority on December 19, 1983, (together herein referred to as "the Resolution") for the purpose of making a loan to Fairview Investors, Ltd. (the "Company") pursuant to the Loan Agreeeent dated as of December 1, 1983, by and between the Authority and the Company (the "Agreement") for the financing of the acquisition and construction of certain additions to existing manufacturing facilities of the Company located in the City of Santa Ana. In the Resolution, the Authority has appointed Marine National Bank at its main office in Irvine, California, as servicing agent (the "Servicing Agent") for the Bonds. EXHI8IT B 1