Exhibit 4.2
Bond
No. ________________ $________________
CORNERSTONE MINISTRIES INVESTMENTS, INC. ("Issuer" or "we" and related pronouns)
promises to pay to ______________________________________________________ or
registered assigns ("you" or "holder"), the principal sum of
________________________________________ Dollars ($__________).
Taxpayer I.D. Number: __________________ CUSIP Number:_________________.
This Bond may evidence (1) a 8.25% five-year bond or (2) a graduated bond, in
each case, as described in the prospectus and the
Purchase Agreement under which such bond is sold. This Bond evidences a:
__________________.
Generally, Bonds will be registered in book entry form only and the investor
will receive only a written confirmation of their investment, and not an actual
bond. We issue Bonds under a Trust Indenture; the trustee under the Trust
Indenture is Trinity Trust Company.
Dated:_________________, 2004
Trinity Trust Company, as Trustee, certifies that CORNERSTONE MINISTRIES
this is one of the Bonds INVESTMENTS, INC.
referred to in the Trust Indenture.
By:_________________________________ By:_________________________________
Name: Name:
Title: Title:
[SEAL] [SEAL]
[Back of Bond]
The registered owner of this Bond shall be entitled to all the rights and
privileges and subject to the conditions, limitations and agreements set forth
in the Trust Indenture executed in connection with the offering of the
securities described on the front side of this Bond, the terms, covenants,
conditions and agreements of such Trust Indenture being incorporated herein by
this reference.
The Issuer will furnish to any Bond owner upon written request and without
charge a copy of the Trust Indenture. Requests may be made to ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇,
Cornerstone Ministries Investments, Inc., ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇,
▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇.
Abbreviations. Customary abbreviations may be used in the name of a Bond owner
or an assignee, such as TEN COM (=tenants in common), TEN ENT (=tenants by the
entireties), JT TEN (= joint tenants with rights of survivorship and not as
tenants in common), CUST (= Custodian), and U/G/M/A (- Uniform Gifts to Minors
Act).