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and in such manner and shall have such other terms and conditions all as may be determined by subsequent resolution of the Board adopted at or prior to the sale of the Series 1992 Bonds. The Series 1992 Bonds shall be substantially in the form set forth in the Master Bond Resolution, with such omissions, insertions and variations as may be necessary and/or desirable and authorized or permitted by the Master Bond Resolution, this Resolution or any subsequent resolution adopted prior to the issuance thereof, or as may be necessary to comply with applicable laws, rules and regulations of the United States and the State of Florida in effect upon the issuance thereof. The Series 1992 Bonds shall !-,v issued in fully registered form without coupons; shall be payable with respect to principal at a principal corporate trust office of the Paying Agent; shall be payable in lawful money of the United States of America; and shall bear interest from their date, payable by check mailed to the Registered Owners at their addresses as they appear on the registration books kept by the Bond Registrar on behalf of the County. At the option of any Registered Owner of $1,000,000 or more in principal amount of the Series 1992 Bonds, interest shall be payable by wire transfer pursuant to written instructions from such Registered Owner. SECTION 7. 1992 FUNDS AND ACCOUNT. There is hereby created and established the "Refunding Revenue Bonds, S, --les 1992, Sinking Fund" (herein the "1992 Sinking Fund") within the Sinking Fund, the "Refunding Revenue Bonds, Series 1992, Bond Amortization Fund" (herein the "1992 Bond Amortization Fund") within the Bond Amortization Fund and the "Refunding Revenue Bonds, Series 1992, Reserve Account" (herein the "1992 Reserve Account") within the Reserve Account. The 1992 Sinking Fund, the 1992 Bond Amortization Fund and the 1992 Reserve Account shall not in any manner whatsoever affect the parity of the Bonds. Revenues and other amounts deposited in the Sinking Fund allocable to the Series 1992 Bonds shall be held in the 1992 Sinking Fund. Revenues deposited in the Bond Amortization Fund allocable to the Series 1992 Bonds shall be held in the 1992 Bond Amortization Fund. Revenues and other amounts deposited in the Reserve Account allocable to the Series 1992 Bonds, if any, shall be held in the 1992 Reserve Account. SECTION 8. SERIES 1992 BONDS NOT GENERAL OBLIGATIONS. The Series 1992 Bonds shall not be or constitute general or moral obligations or a pledge of the faith, credit or taxing power of the County, the State of Florida or any political subdivision thereof or an indebtedness of any of them as "bonds" within the meaning of the Constitution of the State of Florida, but shall be special obligations of the County payable solely from and secured solely by a lien upon and a pledge of the Pledged Funds. No Registered Owner shall ever have the right to compel the exercise of the ad valorem taxing power of the County, the State of Florida or any political subdivision thereof, or taxation in any form of any real property therein, to pay the Series 1992 Bonds or the interest thereon, or be entitled to payment of such principal and interest from any funds of the County other than the Pledged Funds. SECTION 9. COVENANTS 1N MASTER BOND RESOLUTION. All of the covenants made by the County in the Master Bond Resolution are hereby made, ratified and confirmed and shall apply with respect- to the Series 1992 Bonds as if fully set forth herein. SECTION 10. ARBITRAGE. The County covenants to and with purchasers of the issue which is comprised of the Series 1992 Bonds that it will make no use of the proceeds of such issue which will cause the Series 1992 Bonds to be or become C-16