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<br />e <br /> <br />e <br /> <br />by check or draft dated as of the interest payment date and <br />mailed to such registered owner. <br /> <br />* * * * * * * * * * <br /> <br />(Additional Provisions of the Bonds) <br />(To be typed on the face of the <br />Initial Bonds and all non-printed Bonds <br />and printed on the back <br />of all printed Bonds) <br /> <br />THIS BOND is one of the series specified in its <br />title issued in the aggregate principal amount of $5,000,000 <br />(the "Bonds") pursuant to a Resolution (the "Bond Resolu- <br />tion") duly adopted by the Board of Directors of the Authority <br />for the purpose of purchasing an undivided interest in the <br />Southeast Water Purification Plant under construction by the <br />City of Houston, Texas, under and in the strict conformity <br />with the Constitution and laws of the State of Texas, <br />including without lirnitation Chapter 729, pages 2,678 et <br />seq., Acts of the 67th Legislature of Texas, Regular Session, <br />1981, and Chapter 54 of the Texas.~ater Code, as arnended. <br />Capitalized terms used herein have the respective rneanings <br />assigned to them in the Bond Resolution. <br /> <br />The Authority expressly reserves the right to <br />issue additional bonds on a parity in all respects with the <br />Bonds, in accordance with the terms and conditions set forth <br />in the Bond Resolution. <br /> <br />The Bonds, together with any additional bonds <br />issued by the Authority on a parity with the Bonds, are <br />payable solely from and secured by a lien on and pledge of <br />the Net Revenues of the Authority. Reference is hereby rnade <br />to the Bond Resolution for a description of the covenants by <br />which the Bonds are secured, the respective rights there- <br />under of the registered owners of the Bonds and the Authority <br />and the terms upon which the Bonds are, and are to be, <br />authenticated and delivered. <br /> <br />The Bonds do not constitute a legal or equitable <br />pledge, charge, lien or encurnbrance upon any property or <br />assets of the Authority other than the Net Revenues and <br />other moneys and securities pledged under the Bond Resolution. <br />The owner hereof shall never have the right to demand <br />payment of this obligation from any other revenues or <br />properties of the Authority, or from any funds raised or to <br />be raised by taxation by the Authority, the City of La <br /> <br />022DESAO/024C04 <br /> <br />-12- <br />