1988-044 - Laserfiche WebLink

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REGISTERED OWNER: PRINCIPAL AMOUNT: KNOW ALL MEN BY THESE PRESENTS, that INDIAN RIVER COUNTY, FLORIDA (the "County"), for value received, hereby promises to pay to the Registered Owner named above, or registered assigns, solely from the Pledged Funds, hereinafter defined, on the Maturity Date specified above, the Principal Amount specified above and to pay, solely from such Pledged Funds, interest on this Water Revenue Bond, Series 1988 (the "Bond"), from the Date of Original Issue specified above, or from the most recent interest payment date to which interest has been paid, as applicable, at the Rate of Interest specified above, per annum, such interest being payable initially on , 198_ and semi-annually thereafter on each and until the Principal Amount hereof is paid in full. The Principal Amount hereof shall be payable, upon presentation and surrender hereof, on or after the Maturity Date or date of earlier redemption, at a principal corporate trust office of , Florida, as Paying Agent and Bond Registrar. The interest hereon shall be paid, when due, by check mailed to the Registered Owner at his address as the same appear at 5:00 P.M. local time at the location of the Bond Registrar on the fifteenth (15th) day of the month immediately preceding the applicable interest payment date on the registration books kept by the Bond Registrar on behalf of the County. The principal of, premium, if any, and interest on this Bond are payable in lawful money of the United States of America. This Bond is one of the revenue bonds authorized by the County under the authority of and in full compliance with the Constitution and laws of the State of Florida, including particularly Chapters 125 and 159, Florida Statutes (1987), and Resolution No. of the County, all as amended and supplemented, and other applicable provisions of law. The above - referenced resolution as amended and supplemented from time to time is hereinafter referred to as the "Resolution". This Bond is subject to all the terms and conditions of the Resolution. This Bond is one of the revenue bonds designated as Water Revenue Bonds, Series 1988, all of like date and tenor, except as to numbers, denominations, dates of maturity, rates of interest and provisions for redemption, in the aggregate principal amount of Four Million Dollars ($4,000,000) (the "Bonds"). The proceeds of the Bonds will, inter alia, be used to pay the cost of the purchase of the wastewater treatment and distribution system described in the Resolution (the "System") and be used to pay certain costs and expenses relating to issuance of the Bonds. This Bond and the interest due hereon are payable solely from and are secured solely by a first lien upon and pledge of the