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and is subject to all the terms and conditions of such Resolution. <br />This bond and the coupons appertaining thereto are payable <br />solely from and secured by.a prior lien upon and pledge of the net <br />revenues derived by the County from the operation of the facilities <br />and a prior lien upon and pledge of the guaranteed entitlement portion <br />of the state revenue sharing trust funds received by the County, in <br />the manner provided in the Resolution. <br />The bonds of this issue maturing in 'the years 1980 to 1985, <br />both inclusive, are not redeemable prior to their respective stated <br />.dates of maturity. The bonds maturing in the year 1986 and there- <br />after are redeemable prior to their respective stated dates of <br />maturity, at the option of the County, in whole or in part, in inverse <br />numerical order if less than all, on.September 1, 1985, or on any <br />interest payment date thereafter, at par and accrued interest to the <br />date of redemption, plus a premium of two per centum (2%) of the <br />par value thereof if redeemed on September 1, 1985. Such premium <br />shall reduce at the rate of one-fourth of one per centum (1/40) on <br />each September 1 thereafter; provided, however, that such premium <br />shall never be less than one per centum (lo) of the par value thereof. <br />Notice of such redemption shall be given in the manner <br />required by the Resolution. <br />This bond does not constitute an indebtedness of the <br />County within the meaning of any constitutional or statutory pro- <br />vision or limitation, and it is expressly agreed by the holder of <br />this bond and the coupons appertaining thereto that such holder <br />shall never have the right to require or compel the exercise of <br />the ad valorem taxing power of the County for the payment of the <br />principal of and interest on this bond'or the making of any sinking <br />fund, reserve or other payments provided for in the Resolution. <br />It is further agreed between the County and the holder <br />of this bond that this bond and the obligation evidenced thereby <br />shall not.constitute a lien upon the.facilities or any part there- <br />of, or on any other property of or in the County, but•shall.con- <br />stitute a lien only on the net revenues derived from the operation <br />-11- <br />21977 <br />Book 31 'PA bcF 485 <br />I <br />