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C) 0 ® 0 CLARIFICATION AND WAIVER The United States of America, U.S. Department of Agriculture, Farmoro Homo Administration (the "FmHA"), as owner and holder of revenue bonds Issued by Indian River County, Florida (the "County") and Its successors, and Its aoolgn000 of ouch bonds, has determined that the Indian River County wntor `and sawor`systom's Grose Revenues (as ouch term to doflnod In Resolution No. 82-61 adopted by the `. Board of County Commissioners of Indian River County on July tr"? 7, 19629 and In other resolutions of sold Board, all of which resolutions and Resolution No. 82-61 provide for the Issuance of watorland sower revenue bonds by said County) which aro pledged to the payment of the principal of and' Interest on said revenue bonds, all of whiich aro owned by the FmHA, oholl not be doomed to Include any assessments against properties specially benefitted by water and sewer system projects financed solely with such assessments or with the proceeds of bonds payable from such assessments, ouch assessments having boon made in accordance with the provlaio6a of Chapter 1S3, Florida Statutes, as amended, or the provielona of Indian River County Ordinance No. 83-46, and amended, or other ordinances Imposing special asseosmanta, and that such assessments shall not be deemed to be Impact Foes within the definition of ouch term contained In amid Resolution No. 82-61. Dated this 11 6 day of Mayo 1988. UNITED STATES OF AMERICA acting by and through the U.S. DEPARTMENT OF AGRICULTURE FARMERS HOME ADMINISTRATION By _ __ 8ta a Dirootor ---- •Stat of Flori a, Farmers Homo A inistr tion EXHIBIT II CLARIFICATION AND WAIVER The United States of America, U.S. Department of Agriculture, Farmoro Homo Administration (the "FmHA"), as owner and holder of revenue bonds Issued by Indian River County, Florida (the "County") and Its successors, and Its aoolgn000 of ouch bonds, has determined that the Indian River County wntor `and sawor`systom's Grose Revenues (as ouch term to doflnod In Resolution No. 82-61 adopted by the `. Board of County Commissioners of Indian River County on July tr"? 7, 19629 and In other resolutions of sold Board, all of which resolutions and Resolution No. 82-61 provide for the Issuance of watorland sower revenue bonds by said County) which aro pledged to the payment of the principal of and' Interest on said revenue bonds, all of whiich aro owned by the FmHA, oholl not be doomed to Include any assessments against properties specially benefitted by water and sewer system projects financed solely with such assessments or with the proceeds of bonds payable from such assessments, ouch assessments having boon made in accordance with the provlaio6a of Chapter 1S3, Florida Statutes, as amended, or the provielona of Indian River County Ordinance No. 83-46, and amended, or other ordinances Imposing special asseosmanta, and that such assessments shall not be deemed to be Impact Foes within the definition of ouch term contained In amid Resolution No. 82-61. Dated this 11 6 day of Mayo 1988. UNITED STATES OF AMERICA acting by and through the U.S. DEPARTMENT OF AGRICULTURE FARMERS HOME ADMINISTRATION By _ __ 8ta a Dirootor ---- •Stat of Flori a, Farmers Homo A inistr tion EXHIBIT II