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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 9. 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 10. COVENANTS IN 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 11. 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 "arbitrage bonds" within the meaning of Section 103(b)(2) and Section 148 of the Code or any applicable regulations implementing said Sections, and the County further covenants to comply with all other requirements of the Code if and to the extent applicable to maintain continuously the Federal income tax exemption of interest on the Series 1992 Bonds. SECTION 12. APPLICATION OF SERIES 1992 BOND PROCEEDS. All moneys received from the sale of the Series 1992 Bonds shall be deposited and applied by the County as follows: A. All accrued interest shall be deposited into the 1992 Sinking Fund and applied exclusively for the payment of interest first becoming due on the Series 1992 Bonds. B. A sum, if any, specified by subsequent resolution of the Board shall be deposited into the 1992 Reserve Account in the Sinking Fund. C. An amount to be specified by subsequent resolution of the Board shall be applied in connection with the retirement of the Series 1985 Bonds and the Series 1987 Bonds to be retired. D. The amount necessary to pay all costs and expenses associated with financial reports, studies and projections, legal fees, accountant's fees, fees