UNITED STATES OF AMERICA
STATE OF GEORGIA
HOUSING AUTHORITY OF COBB COUNTY
MULTIFAMILY HOUSING REVENUE BOND
(ASHLEY KNOLL PROJECT), SERIES 1989
Number: R-1
Dated Date: May 1, 1989
Maturity Date: June 30, 2017
Registered Owner: Charter Municipal Mortgage Acceptance Company Principal Amount: $10,500,000.00
The Housing Authority of Cobb County (the "Issuer"), a public body corporate and politic organized and existing
under the laws of the State of Georgia (the "State"), created and existing under and by virtue of the laws of the
State, hereby acknowledges itself indebted and for value received promises to pay to the registered owner hereof
stated above, or registered assigns, at the maturity date stated above, or earlier upon redemption or acceleration,
but only from the sources and as hereinafter provided, upon presentation and surrender of this Bond at the
principal office of Reliance Trust Company, as successor in interest to Citizens and Southern Trust Company
(Georgia), National Association (now NationsBank, N.A.), or its successor as Trustee (the "Trustee"), under the
Indenture (described below), the principal amount stated above, and to pay Interest on said principal amount,
from and including the dated date hereof until the principal amount shall have been paid in accordance with the
terms of this Bond and the Indenture, as and when set forth below, but only from the sources and as hereinafter
provided, by wire transfer if there be one Owner of all of the Bonds or otherwise by check or draft mailed to the
record Owners of Bonds as the same appear upon the books of registry to be maintained by the Trustee, as
registrar. Payments made on the Mortgage Loan to the Owner of this Bond shall be for the account of the Issuer,
shall constitute payments on this Bond and shall discharge the Issuer's obligations on this Bond to the extent of
such payments, applying any payments first to the Interest payable on the due date of such payment and
thereafter to principal and premium, if any.