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upon the execution and delivery of such financing <br />agreement, terminate and be of no effect. <br />5. Binding Effect. All covenants and agreements herein <br />contained by or on behalf of the Issuer and the Company shall <br />bind and inure to the benefit of the respective successors and <br />assigns of the Issuer and the Company, whether so expressed or <br />not. <br />IN WITNESS WHEREOF, the parties hereto have entered into <br />this Memorandum of Agreement by their officers thereunto duly <br />authorized, as of the 5th day of August , 1981. <br />(CORPORATE SEAL) <br />ATTEST: <br />Clerk, 18 <br />Indian River County <br />(CORPORATE SEAL) <br />ATTEST: <br />���� � • / cz-��"tip <br />ecretary <br />SEP 3 O 1981 <br />INDIAN RIVER COUNTY, FLORIDA <br />Signed this 13th day of <br />M;iA\I <br />BY: <br />sioners <br />August , 1981. <br />Signed this 25th day of <br />C <br />August , 1981. <br />Bou 47 PAGE 648 <br />