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4 <br /> This Bond is payable solely from and secured by a lien upon and pledge of the Pledged <br /> Revenues, as defined in the Resolution, in the manner provided in the Resolution. <br /> This Bond does not constitute a general indebtedness of the County within the meaning of any <br /> constitutional, statutory or charter provision or limitation, and it is expressly agreed by the Holder <br /> of this Bond that such Bondholder shall never have the right to require or compel the exercise of the <br /> ad valorem taxing power of the County or taxation of any real or personal property therein for the <br /> payment of the principal of and interest on this bond or the making of any Debt Service Fund, reserve <br /> or other payments provided for in the Resolution. <br /> It is further agreed between the County and the Holder of this Bond that this Bond and the <br /> indebtedness evidenced thereby shall not constitute a lien upon any property of or in the County, but <br /> shall constitute a lien only on the Pledged Revenues all in the manner provided in the Resolution. <br /> The County in the Resolution has covenanted with and for the benefit of the holders of the <br /> Bonds of this issue(i)that it will take all actions required to insure receipt of the Pledged Revenues, <br /> as defined in the Resolution, (ii)that the pledge and covenants in the Resolution constitute a contract <br /> between the County and the holders of the Bonds of this issue and are not subject to repeal, <br /> impairment or modification by the County or the Legislature of the State of Florida. The County has <br /> made certain other covenants for the benefit of the holders of the Bonds of this issue, for the terms <br /> of which reference is made to the Resolution. <br /> It is hereby certified and recited that all acts, conditions and things required to exist, to happen <br /> and to be performed precedent to and in the issuance of this Bond exist, have happened and have been <br /> performed in regular and due form and time as required by the laws and Constitution of the State of <br /> Florida applicable thereto, and that the issuance of the Bonds of this issue does not violate any <br /> constitutional, statutory, or charter limitation or provision. <br /> This Bond is and has all the qualities and incidents of a negotiable instrument under Article <br /> 8 of the Uniform Commercial Code, the State of Florida, Chapter 678, Florida Statutes. <br /> The transfer of this Bond is registrable by the Bondholder hereof in person or by his attorney <br /> or legal representative at the principal corporate trust office of the Registrar but only in the manner <br /> and subject to the conditions provided in the Resolution and upon surrender and cancellation of this <br /> Bond. <br /> This Bond shall not be valid or become obligatory for any purpose or be entitled to any benefit <br /> or security under the Resolution until it shall have been authenticated by the execution by the <br /> Registrar of the certificate of authentication endorsed hereon. <br /> A-2 <br />