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<br />substitution for the Obligation and attached coupons, if any, destroyed, stolen or lost and upon the holder
<br />furnishing the Issuer proof of his ownership thereof and satisfactory indemnity and complying with such other
<br />reasonable regulations and conditions as the Issuer may prescribe and paying such expenses as the Issuer may
<br />incur. All Obligations and coupons so surrendered shall be cancelled. If any such Obligation or coupon shall have
<br />matured or be about to mature, instead of issuing a substitute obligation or coupon, the Issuer may pay the same,
<br />upon being indemnified as aforesaid, and if such Obligations or coupon be lost, stolen or destroyed, without
<br />surrender thereof.
<br />All such duplicate Obligations and coupons issued pursuant to this section shall constitute original,
<br />additional contractual obligations on the part of the issuer whether or not the lost, stolen or destroyed
<br />Obligations or coupons be at any time found by anyone, and such duplicate Obligations and coupons shall be
<br />entitled to equal and proportionate benefits and rights as to lien on and source and security for payment from the
<br />funds, as hereinafter pledged, to the same extent as all other Obligations and coupons issued hereunder.
<br />0069®
<br />SECTION 12. FORM OF OBLIGATIONS AND COUPONS. The obligations, the interest coupons to be
<br />attached thereto, and the certificate of validation shall be in substantially the following form, with such
<br />omissions, insertions and variations as may be necessary and desirable and which are herein authorized or
<br />permitted or which are subsequently authorized or permitted prior to the issuance of the obligations:
<br />No. $5,000
<br />UNITED STATES OF AMERICA
<br />STATE OF FLORIDA
<br />INDIAN RIVER COUNTY
<br />SOLID WASTE DISPOSAL SYSTEM REVENUE BOND
<br />SERIES 1977
<br />KNOW ALL MEN BY THESE PRESENTS that Indian River County, Florida (hereinafter called
<br />"County"), for value received, hereby promises to pay to the bearer, or if this bond be registered, to the
<br />registered holder as herein provided on the first day of September, 19 , from the special funds hereinafter
<br />mentioned, the principal sum of
<br />FIVE THOUSAND DOLLARS
<br />and to pay solely from such special funds, interest thereon from the date .hereof at the rate of
<br />per centum ( %) per annum until payment of the principal sum, such interest to
<br />the maturity hereof being payable semiannually on the first day of March and the first day of September in each
<br />year upon the presentation and surrender of the annexed coupons as they severally fall due. Both principal of and
<br />interest on this bond are payable in lawful money of the United .States of America at ,
<br />or, at the option of the holder at
<br />This bond is one of an authorized issue of bonds in the aggregate principal amount of $1,815,000 of like
<br />date, tenor and effect, except as to number, interest rate and date of maturity, issued to finance the cost of the
<br />construction and acquisition of a solid waste control system of the County (hereinafter called "facilities"), and
<br />the refunding of certain outstanding Notes of the County issued for such purpose, under the authority of and in
<br />full compliance with the Constitution and Statutes of the State of Florida, including particularly Chapter 159,
<br />Part I, Florida Statutes, Section 125.01 et seq., Florida Statutes, County Ordinance No. 77-19 enacted August 3,
<br />1977, Chapter 218, Part II, Florida Statutes, and other applicable provisions of law, and a resolution duly
<br />adopted by the Board of County. Commissioners on the day of , 1977 (hereinafter called
<br />"Resolution"), and is subject to all the terms and conditions of such Resolution.
<br />This bond and the coupons appertaining thereto are payable solely from and secured by a prior lien upon
<br />and pledge of the net revenues derived by the County from the operation of the facilities and a prior lien upon
<br />and pledge of the guaranteed entitlement portion of the state revenue sharing trust funds received by the County,
<br />in the manner provided in the Resolution.
<br />&3
<br />JAN 18 1978 Hca Pg -JA
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