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(Number) <br />INTEREST <br />RATE: <br />REGISTERED HOLDER: <br />PRINCIPAL SUM: <br />[FORM OF BOND] <br />"(Vignette) <br />UNITED STATES OF AMERICA <br />COUNTY OF HAWAII <br />STATE OF HAWAII <br />GENERAL OBLIGATION BOND <br />SERIES <br />MATURITY DATE OF <br />DATE: BOND: <br />CUSIP: <br />DOLLARS <br />The COUNTY OF HAWAII, State of Hawaii (the "County"), for value received, <br />hereby promises to pay the Registered Holder (named above), or registered assigns, on the Maturity <br />Date (specified above) (unless this bond shall be subject to prior redemption and shall have <br />theretofore been duly called for prior redemption and payment of the redemption price duly made or <br />provided for), the Principal Sum (specified above), and to pay interest on such Principal Sum <br />semiannually on <br />and on of each year, commencing on <br />(each such date is hereinafter referred to as an "interest payment date"), from the date hereof <br />or from the interest payment date next preceding the date of registration hereof to which interest shall <br />have been paid, unless such date of registration is an interest payment date, in which case, from such <br />interest payment date, or unless such date of registration is within the period from the sixteenth (16th) <br />0 <br />