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<br />! <br /> <br />t <br />I.... <br /> <br />I <br />I <br />~ <br /> <br />This Bond is transferable by the Owner hereof, in person or by his attorney <br />duly authorized in writing, at the main office of the Servicing Agent in Irvine, <br />California, but only in the manner, subject to the limitations and upon payment of <br />the charges provided in the Resoluton, and upon surrender of this Bond. Upon such <br />transfer, the Servicing Agent shall note and endorse such transfer on the <br />registration certificate appearing hereon and on the registration records of the <br />Authority kept by the Servicing Agent. The Authority and the Servicing Agent may <br />treat the Owner of this Bond as the absolute owner hereof for all purposes, and the <br />Authority and the Servicing Agent shall not be affected by any notice to the <br />contrary. <br /> <br />It is hereby certified that all of the things, conditions and acts required <br />to ex i st, to have happened and to have been performed precedent to and in the <br />issuance of this Bond do exist, have happened and have been performed in due time, <br />form and manner as required by law, and that the amount of this Bond, together with <br />all other indebtedness of the Authority, does not exceed any limit prescribed by <br />any laws of the State of California, and is not in excess of the amount of the Bonds <br />permitted to be issued under the Resolution. <br /> <br />This Bond shall not be entitled to any benefit under the Resolution or <br />become valid or obligatory for any purpose, until the Certificate of Authentication <br />hereon shall have been signed by the Servicing Agent. <br /> <br /> <br />EXHIBIT B <br />4 <br />