Four Springs Capital Trust Watch

from S-11/A 2 pages Common Shares of Beneficial Interest Four Springs Capital Trust a Real Estate Investment Trust Formed Under the Laws of the State of Maryland See Reverse for Certajn Def'inltions Cusip 35104d 10 2 Fully Paid and Non-Assessable Common Shares of Beneficial Interest, $0.001 Par Value, of Four Springs Capital Trust (The "Trust"), Transferable on the Books of the Trust by the Holder Hereof _In Person or by Its Duly Authorized Attorney Upon Surrender of This Certificate Properly Endorsed. This Certificate and the Shares Represented Hereby Are Issued and Shall Be Held Subject to All of the Provisions of the Declaration of Trust and Bylaws of the Trust and Any Amendments Thereto. This Certificate Is Not Valid Unless Countersigned and Registered by the Transfer Agent and Registrar. in Witness Whereof, the Trust Has Caused This Certificate to Be Executed on Its Behalf by Its Duly Authorized Officers. Dated: ®��©il!ftl�oo !Ill®'ti' Oorn:@®'ti'llb)i!id�rn: Secretary ,, S: M "' 0 ,, Z (/) 0 " " -I "' (X) ,, � Z (/) ,, M "' " -I "' C (/) -I " 0 S: � Z :< R R "

from S-11/A 1 page Indenture or similar