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<br />e <br /> <br />e <br /> <br />[FORM OF PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE]* <br />* Printer - Do not print on Initial Bonds <br /> <br />PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE <br /> <br />It is hereby certified that this Bond has been issued under the <br />provisions of the Bond Ordinance described in the text of this Bond; and <br />that this Bond has been issued in exchange for, a bond, bonds, or a <br />portion of a bond or bonds of a Series which originally was approved by the <br />Attorney General of the State of Texas and registered by the Comptroller of <br />Public Accounts of the State of Texas. <br /> <br />Da ted <br /> <br />FIRST CITY , TEXAS - HOUSTON, N .A. <br />HOUSTON, TEXAS <br />Paying Agent/Registrar <br /> <br />By <br /> <br />Authorized Signature <br /> <br />[FORM OF STATEMENT OF INSURANCE] <br />STATEMENT OF INSURANCE <br /> <br />Municipal Bond Guaranty Insurance Policy No. (the <br />"Policy") with respect to payments due for principal of and interest on this <br />Bond has been issued by AMBAC Indemnity Corporation ("AMBAC <br />Indemnity") . The Policy has been d'elivered to the United States Trust <br />Company of New York, New York, New York, as the Insurance Trustee <br />under said Policy and will be held by such Insurance Trustee or any <br />successor insurance trustee. The Policy is on file and available for <br />inspection at the principal office of the Insurance Trustee and a copy <br />thereof may be secured from AMBAC Indemnity or the Insurance Trustee. <br />All payments required to be made under the Policy shall be made in <br />accordance with the provisions thereof. The owner of this Bond <br />acknowledges and consents to the subrogation rights of AMBAC Indemnity as <br />more fully set forth in the Policy. <br /> <br />11 <br />