Exhibit 4.2 GRADUATED RATE REDEEMABLE CERTIFICATE No. ________________ $________________ PIF/CORNERSTONE MINISTRIES INVESTMENTS, INC. ("ISSUER" OR "WE" AND RELATED PRONOUNS) promises to pay to ___________________________________________________ or...Graduated Rate Redeemable Certificate • September 28th, 2001 • Pif/Cornerstone Ministries Investments Inc • Real estate agents & managers (for others)
This Certificate has a term of five years. This Certificate may be issued in any dollar amount, with a minimum investment of $500. The amount and maturity date of this Certificate is set when you purchase. You may redeem any amount of the principal or interest on any anniversary date of your purchase, by giving us at least ten business days' written notice of the amount you want redeemed. Unless we receive notification of your intent to redeem within 10 business days of maturity, your Certificate will automatically be renewed, on the terms under which it was originally purchased, at the then prevailing interest rate for similar certificates. We will publish on our web site [ ] the prevailing interest rate for similar certificates and send you advance notice thereof.
