2001-58 PROVIDING FOR THE ISSUANCE OF A TAXABLE SUBORDINANTE LIEN PROMISSORY NOTE

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� , ` , . insufficiency of Pledged Moneys to pay any amount of Current Interest, Deferred Accrued Interest or Outstanding Principal Amount at Final Maturity, any such amount of Cunent Interest, Deferred Accrued Interest or Outstanding Principal Amount shall be extinguished and shall not be deemed to be owing and unpaid, it being the express intent of the City that the Note and all obligations arising thereunder shall be fully released upon Final Maturity. Interest on the Note shall be paid by check or draft of the City, payable upon presentation thereof in lawful money of the United States of America, to the persons in whose name the Note is registered at the close of business on the Regular Record Date. Interest on the Note may also be payable by wire transfer to any registered owner of the Note (as of the applicable Regular Record Date)holding an aggregate principal amount of$100,000 or more when such owner shall have registered such wire transfer payment by written instructions satisfactory to the Paying Agent at least 15 days prior to the applicable Regular Record Date. The principal of the Note shall be payable in lawful money of the United States of America upon presentation thereof at the principal office of the Paying Agent, or at successor Paying Agent and locality. If an Interest Payment Date is not a Business Day at the place of payment, then payment may be made at that place on the next Business Day, and no interest shall accrue during the intervening period. The Note shall have impressed or imprinted thereon the corporate seal or facsimile thereof of the City and shall be signed by the manual or duly authorized facsimile signatures of the Mayor and City Clerk of the City, as they shall determine, and in case any officer whose signature shall appear on the Note shall cease to be such officer before the delivery thereof, such -10-