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Bond in exchange for one or more Bonds in an aggregate principal amount equal to the unredeemed <br />portion of principal, as provided in the Resolution. <br />[As long as the book -entry only system is used for determining beneficial ownership of the <br />Bonds, notice of redemption will only be sent to Cede & Co. Cede & Co. will be responsible for <br />notifying the DTC Participants, who will in turn be responsible for notifying the beneficial owners <br />of the Bonds. Any failure of Cede & Co. to notify any DTC Participant, or of any DTC Participant <br />to notify the beneficial owner of any such notice, will not affect the validity of the redemption of <br />the Bonds.] <br />Reference to the Resolution and any and all resolutions supplemental thereto and <br />modifications and amendments thereof and to the Act is made for a description of the pledge and <br />covenants securing this Bond, the nature, manner and extent of enforcement of such pledge and <br />covenants, and the rights, duties, immunities and obligations of the Issuer. <br />It is hereby certified and recited that all acts, conditions and things required to exist, to <br />happen and to be performed precedent to and in the issuance of this Bond, exist, have happened <br />and have been performed, in regular and due form and time as required by the laws and <br />Constitution of the State of Florida applicable thereto, and that the issuance of the Bonds does not <br />violate any constitutional or statutory limitations or provisions. <br />Neither the members of the County Commission of the Issuer nor any person executing <br />this Bond shall be liable personally hereon or be subject to any personal liability or accountability <br />by reason of the issuance hereof. <br />It is hereby certified and recited that all acts, conditions and things required to exist, to <br />happen and to be performed precedent to and in the issuance of this Bond exist, have happened <br />and have been performed in regular and due form and time as required by the laws and Constitution <br />of the State of Florida applicable thereto, and that the issuance of the Bonds of this issue does not <br />violate any constitutional, statutory, or charter limitation or provision, and that provision has been <br />made for the collection of a direct annual tax, without limitation, on all property in the Issuer <br />taxable for such purpose sufficient to pay and discharge the principal hereof at maturity. <br />Neither the members of the Board of the Issuer nor any person executing this Bond shall <br />be liable personally hereon or be subject to any personal liability or accountability by reason of <br />the issuance hereof. <br />15 <br />