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L—� <br />M <br />does not exceed any constitutional, statutory, or other limitation; <br />and that, to the extent the revenues of the project are insufficient <br />therefor, provision has been rade for the levy and collection of a <br />direct annual tax for the fiscal year 1980-81, at an annual rate <br />not to exceed ten (10) mills on the dollar of assessed value, upon <br />all property subject to taxation by the County, sufficient to pay <br />the principal of and interest on this Note as the same shall become <br />due, which tax shall be levied and collected at the same time and <br />in the same manner as other ad valorem taxes of the County are <br />assessed, levied and collected. <br />This Note is redeemable prior to its stated date of <br />maturity at option of County without payment of premium or penalty. <br />This Note is and has all the qualities of a negotiable <br />instrument under the law merchant and the laws of the State of <br />Florida. <br />This Note may be registered as to both principal and <br />interest in accordance with the provisions endorsed hereon. <br />IN WITNESS WHEREOF, Indian River County, Florida, has <br />issued this Note and has caused the same to be executed by the <br />manual or facsimile signature of the Chairman of the Board of <br />County Commissioners and the corporate seal of said County or a <br />facsimile thereof to be affixed hereto or impressed, imprinted, <br />lithographed or reproduced hereon and attested and countersigned <br />by the manual or facsimile signature of the Clerk of the Board, <br />all as of the 18th day of June, 1980. <br />(SEAL),:. <br />s <br />ATTESTED AND COUNTERSIGNED: <br />Clerk, Boar ofOCounty <br />Commissioners p <br />JUN 1'8 1980 <br />INDIAN RIVER COUNTY, FLORIDA <br />CHairman,Boar o County/ <br />Commissioners 4% <br />Foot, 43 FulE 745: <br />I <br />