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t <br /> Authorized <br /> Officer of <br /> Principal Balance of Bond <br /> Payment Date Amount Paid Principal Unpaid Registrar <br /> SECTION 14 . BONDS NOT GENERAL OBLIGATIONS . The Bonds <br /> shall not be or constitute general or moral obligations or a pledge <br /> of the faith , credit or taxing power of the District , the County , <br /> the State of Florida or any political subdivision thereof or an <br /> indebtedness of any of them as " bonds " within the meaning of the <br /> Constitution of the State of Florida , but shall be special <br /> obligations of the District payable solely from and secured solely <br /> by a lien upon and a pledge of the Pledged Funds . No Registered <br /> Owner shall ever have the right to compel the exercise of the ad <br /> valorem taxing power of the District , the County , the State of <br /> . Florida or any political subdivision thereof , or taxation in any <br /> form of any real property therein , to pay the Bonds or the interest <br /> thereon , or be entitled to payment of such principal and interest <br /> from any funds of the District other than the Pledged Funds . <br /> SECTION 15 . SECURITY FOR BONDS . The payment of the <br /> principal of , premium , if any , and interest on the Bonds shall be <br /> secured forthwith equally and ratably by a pledge of and a first <br /> lien upon the Pledged Funds . The District does hereby irrevocably <br /> pledge the Pledged Funds to the payment of the principal of , <br /> premium , if any , and interest on the Bonds . <br /> SECTION 16 . COVENANTS OF THE DISTRICT . For so long as <br /> any of the principal of and interest on any of the Bonds shall be <br /> • outstanding and unpaid , or until there shall have been set apart in <br /> the Sinking Fund hereinafter created , a sum sufficient to pay , <br /> when due , the entire principal amount of the Bonds remaining <br /> unpaid , together with interest accrued and interest to accrue <br /> thereon through such payment date or until the provisions of <br /> Section 20 hereof have been satisfied , the District covenants with <br /> the holders of the Bonds issued pursuant to this Resolution that : <br /> A . REVENUE FUND . The entire Gross Revenues shall upon <br /> receipt thereof be deposited in the " Solid Waste Disposal System <br /> 14 <br />