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the fifteenth (15th) day next preceding any date of selection of Bonds to be <br />redeemed and ending at the close of business on the day of mailing the <br />applicable notice of redemption, as hereinafter provided, or to register the <br />transfer of or exchange any portion of any of the Bonds selected for redemption <br />until after the redemption date. <br />All notices of redemption with respect to the Bonds shall specify <br />the series, maturities and numbers of the Bonds to be redeemed (including the <br />CUSIP numbers)• the date fixed for redemption; the redemption price or prices <br />to be applicable to the Bonds to be redeemed; and that on the date fixed for <br />redemption such Bonds shall be payable at the principal corporate trust office <br />of the Paying Agent (specifying the address of same). If Registered Owners of <br />all such Bonds to be redeemed file written waivers of notice with the Paying <br />Agent, such Bonds may be redeemed on the redemption date without necessity of <br />notice by mailing. Failure to mail any notice of redemption or any defect <br />therein or in the mailing thereof shall not affect the validity of any <br />proceeding for redemption of other Bonds so called for redemption. <br />SECTION 12. FORM OF BONDS. The text of the Bonds, the validation <br />certificate thereon, if any, and the certificate of authentication thereon shall <br />be in substantially the following form, with such omissions, insertions and <br />variations as may be necessary and/or desirable and authorized or permitted by <br />this Resolution or any subsequent resolution adopted prior to the issuance <br />thereof, or as may be, necessary to comply with applicable laws, rules and <br />regulations of the United States and the State of Florida in effect upon the <br />issuance thereof: <br />No. $ <br />UNITED STATES OF AMERICA <br />STATE OF FLORIDA <br />INDIAN RIVER COUNTY <br />SPECIAL ASSESSMENT REVENUE BOND, SERIES 1989 <br />RATE OF INTEREST MATURITY DATE DATE OF ORIGINAL ISSUE CUSIP <br />REGISTERED OWNER: <br />PRINCIPAL AMOUNT: <br />KNOW ALL MEN BY THESE PRESENTS, that INDIAN RIVER COUNTY, FLORIDA <br />(the "County"), for value received, hereby promises to pay to the Registered <br />Owner named above, or registered assigns, solely from the Pledged Funds, <br />- 8 - <br />