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JAN 91980 <br />BOOK 42 PACE 486 <br />9. To comply witll all appiica'. le State and Federal laws and rerulations and to continually operate and maintain the <br />facility in good condition. <br />10, To provide fc.r the leceiPt of adequate :evelulC% to meet tht: lc;lllten►cnts of debt service, opciation and mnintcnance, <br />asci the establishment of a iei;slate reserves.l�o free service or use of Lire facility will be permitted, <br />1 }. To acquirc and maintain such insurance coverage including fidelity hond'on may <br />f the facility and its d by ifiniilcial 'affairs <br />1'_'. To establish and maiiitain sues: hooks, and records rclalint, to the 4111 rst <br />anti to provide for required audit thereof in such 4 manner as ii -lay be required by ;hc Gove-nment, to provide the <br />Government Vit}:out as request, a copy of each such and it, and to mlike and frnward to the Govcrnrncnt such <br />adtlit1Cl11a1 tuft IInaLIOf2 and repots as it may from tilde to time riiluil c. <br />13. To provide the Government at all Meisowible limes access to all books and records relating to tllc facility and <br />Access to the property of the system so drat the Govertlment m y ascertain that the :issccia_tion is complying with <br />trunlcnts incident to the Illakitig or insuring of the loan. <br />the;►rovisior5s hereof and of Clic ins <br />14. To serve any applicant whbirl 111C service area who &: ires service and can be feasibly and legally served, .'ind to <br />obtain the concurrence of tl,e Farmers Home Administration prior to rcflr�ing service to such aprlicant. Ua on the <br />failure to provide su::h service. whichis feasible and legal such applicant shail have a direct ribht of action against <br />the assuchttion under this agreeluent. <br />The provisions hei eof and i'le provisions of all instruments incident to tare making or the insuring of the loan, unless; otherwise <br />spe:.itically provided by the terms of such inetrtinlcnts, shall be binding upon the association as long as the bonds arc held <br />or hisiired by the Government. The provisions of sections 6 through 13 hereof may be Provided for in more specific detail <br />in the bond resolution or ordinance; to the extent that the provisions contained in such bond resolution or ordinance should <br />be found to be inconsistent with the provisions h- reef, these provisions shall be construed as controlling as between tite <br />association acid the Government. <br />The vote was: Yeas -- 5 -; Nays -- - -- --. ; Absent <br />IN \ITNLSS WHEREOF, the__ Gh;*roms__------------------ •----"-�--- <br />of the <br />Board of County Commissioners _ __.., has duly adopted this Resolution and caused <br />4th Ja;nuary------------_._-- 19 <br />it to be executed by the officers below. iii duplicate inn this - --=— day of -—_—____ .__._ , <br />BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA <br />...........-..... <br />(SIiAL) By <br />Chairman 77 <br />Act st: p �'� Title --- <br />Freda Wright f� <br />Title---C t':a-__________�—_ ____---------•---______. <br />Ct RTIFICATIOIN <br />1, the and'.crsioned, as -- <br />_r�.l.ItiTlli1..----- -• - of the <br />hereby certify that tl1e---------- - -- - - -- ---__.�_ ___..__._ .._-._ of such Association is composed of <br />-•----- _..-. - -. rllembers, of whom ........ -.......... , cor.stituting a quorurn, were present at a nleetillg thereof duly called and <br />held ort the Stn day of --•-- ` � �- - -- -.- 1`} ��_ ; that the foregoing resolution w:s adopted 4t <br />such niecting by the vote drown above; and that said resolution has not been rescinded or amended in any way. <br />Dated, this day of 194_. <br />_r <br />man <br />*U.S. G.P.O. 1975-6(',5-664/1722 FEG.46 Title <br />k 4t <br />ON MOTION BY COMMISSIONER LYONS, SECONDED BY COMMISSIONER <br />DEESON, THE BOARD UNANIMOUSLY AUTHORIZED THE CHAIRMAN TO SIGN THE <br />EQUAL OPPORTUNITY AGREEMENT AND THE NONDISCRIMINATION AGREEMENT RE- <br />QUIRED BY FMHA, (FORMS FHA 400-1 AND FHA 400-4), <br />� � r <br />