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NO. $210,000.00 UNITED STATES OF AMERICA STATE OF FLORIDA COUNTY Or INDIAN RTVER WATER AND SEWER REVENUE itONDS, SECOND SI•:RIES 1979 ANTICIPATION NOTE FOR VALUE RECEIVED, the County of Indian River, Florida, (the "Issuer"), hereby promises to pay to tho order of FIRST CITRUS BANK OF INDIAN RIVER COUNTY, at its principal office in the City of Vero Beach, Florida, on or before January 30, 1982, solely from the: special funds hereinafter mentioned, in lawful money of the United States of America, the principal sum of T110 HUNDRED TEN THOUSAND DOLLARS ($210,000.00) and, quarterly from the date hereof, solely from such funds, interest on such principal sum from the date hereof at the rate of nine and one-half per centum (9.5R) per annum, until such principal sum shall be paid. This note is issued pursuant to the Constitution and laws of the State of Florida, particularly Section 215.431, Florida Statutes (1990), and a resolution duly adopted by the Is:;uer on January 4, 1479, (the Resolution), in anticipation of the receipt I•; the lssner of the proceeds from the sale of not excc.!edinq $230,000 try incipal amount of Water anti Sewer Revenue Honds, :eccrnd Serie; 1140, „f- the Issuer (tilt, Bonds) . This Note and the int rest due til"14,+11 .ar- payable solely from and secured by a prior l i -n upot) eared a ple"l(rc. r)t the orocoods to h(- derived from the :sale of the iionds :anti, it- ru• ,•t;::nry, from and serured by a prior lien upon and a pindge r,f the rlrn.:; revenues to be derived from the operation o; the ls;;uer's water and ::r,wer- :system, .111 in the manner provided in the 14�solution. This Note shall riot constitute• a (leneral obligation of the Issuer, and the holder thereof shall never have the right to require or compel the exercise of the power of the lsesuvr to levy ad valorem taxes for payment of the principal of and interest on this Note. It is hereby certified, recited and declared that all acts, conditions and things required to exist, to hat)pen and to he performed precedent to and in connection with the issuance of this Note, exist, have happened and have been performed .in regular and duce form and time n.