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I <br />t <br />M <br />First Citrus Bank of Indian River County <br />January 12, 1978 <br />Page Two <br />Please acknowledge your receipt of this letter and your <br />understanding of the above in the place provided below. <br />Sincerely, <br />COUNTY OF INDIAN RIVER, FLORIDA <br />By ' <br />Clerk, Board of Couxky Commis- <br />sioners <br />ACKNOWLEDGMENT AND RECEIPT <br />The undersigned, First Citrus Bank of Indian River County <br />(the "Bank") hereby acknowledges receipt of the sum of $1,130,244.12 <br />(New York Clearing House Funds) from Indian River County, Florida. <br />Said sum is sufficient to pay all principal of the Notes and all <br />interest maturing and coming due thereon to January 13, 1978. <br />As original purchaser and holder of said Notes the Bank <br />hereby agrees to the redemption thereof on January 13, 1978 and <br />waives written notice as provided in said Notes. <br />FIRST CITRUS BANK OF INDIAN RIVER <br />COUNTY, VERO BEACH, FLORIDA <br />DATED: January 12, 1978 By o <br />Vice resident <br />JAN .181978. 3 PA -GE 40' . <br />