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<br />B-4 <br />aggregate principal amount, interest rate and maturity, of other authorized <br />denominations. <br /> <br />The Authority and the Trustee may treat the Registered Owner hereof as the <br />absolute owner hereof for all purposes, and the Authority and the Trustee shall not be <br />affected by any notice to the contrary. <br /> <br />Unless this Bond is presented by an authorized representative of The Depository <br />Trust Company to the Authority or the Trustee for registration of transfer, exchange or <br />payment, and any Bond issued is registered in the name of Cede & Co. or such other <br />name as requested by an authorized representative of The Depository Trust Company <br />and any payment is made to Cede & Co., ANY TRANSFER, PLEDGE OR OTHER USE <br />HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL <br />since the registered owner hereof, Cede & Co., has an interest herein. <br /> <br />It is hereby certified by the Authority that all of the things, conditions and acts <br />required to exist, to have happened or to have been performed precedent to and in the <br />issuance of this Bond do exist, have happened or have been performed in due and <br />regular time, form and manner as required by the Bond Law and the laws of the State of <br />California and that the amount of this Bond, together with all other indebtedness of the <br />Authority, does not exceed any limit prescribed by the Bond Law or any laws of the <br />State of California, and is not in excess of the amount of Bonds permitted to be issued <br />under the Indenture. <br /> <br />This Bond shall not be entitled to any benefit under the Indenture or become <br />valid or obligatory for any purpose until the certificate of authentication hereon endorsed <br />shall have been manually signed by the Trustee. <br /> <br />IN WITNESS WHEREOF, the San Leandro Public Financing Authority has <br />caused this Bond to be executed in its name and on its behalf with the facsimile <br />signature of its Executive Director and attested to by the facsimile signature of its <br />Secretary, all as of the Original Issue Date specified above. <br /> <br />SAN LEANDRO PUBLIC FINANCING <br />AUTHORITY <br /> <br /> <br />By <br />Executive Director <br />Attest: <br /> <br /> <br /> <br />Secretary <br /> <br /> <br />