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z the Registered Owner or his transferee, as the case may be, of a sum sufficient to cover any tax, fee, or other governmental charge that may be imposed in relation thereto. Such charges and expenses shall be paid before any such new Series 2001 Bond shall be delivered. The County and Bond Registrar may treat the Registered Owner of any Series 2001 Bond as the absolute owner thereof for all purposes,and shall not be bound by any notice to the contrary. SECURITY FOR THE SERIES 2001 BONDS Pledged Revenues The principalof,redemptionpremium,ifany,and interest on the Series 2001 Bonds will be payable from and secured by a fust lien upon and pledge of the following, together with any investment income realized on any funds held under the Resolution,except the Cost of Issuance Account and the Rebate Fund: (i) Payments received by the County from the State of Florida pursuant to Section 212.20, Florida Statutes(hereinafter referred to as"State Payments'); and through April 1,2021: (ii) Fourth Cent Tourist Development Tax levied by the County in Ordinance No.2000-029, enacted pursuant to Section 125.0104(3)(1), Florida Statutes; and (in) Eighty-Six Percent(86%)ofthe Local Government Half-Cent Sales Tax distributed to the County,pursuant to Chapter 218,Part VI,Florida Statutes. The foregoing are collectively referred to herein as the"Pledged Revenues." Limited Obligations The Series 2001 Bonds are special,limited obligations of the County,payable solely from and secured by a lien upon and pledge of the Pledged Revenues, in the manner provided in the Resolution.The Series 2001 Bonds do not constitute a general indebtedness of the County within the meaning of any constitutional,statutory or charterprovision or limitation,and no Bondholder shall ever have the right to require or compel the exercise of the ad valorem taxing powerof the County or taxation of any real or personal property therein forthe payment of the principal of and interest on the Series 2001 Bonds or the malting of any Debt Service Fund, reserve or other payments provided for in the Resolution. 6