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40 <br />of <br />dated September 30, 1982, in the manner provided in the <br />Resolution. The issue of Notes of which this Note is one is <br />additionally secured by an Escrow Deposit Agreement duly executed <br />and delivered by the Issuer to <br />, Florida, as trustee the "Trustee"), reference to <br />which is hereby made for a description of the nature and extent <br />of such additional security, the rights, duties and obligations <br />of the Issuer and the Trustee, and the rights of the holders of <br />the Notes thereunder. <br />This Note and the issue of Notes of which this Note is <br />one, shall be redeemed on September 1, 1984, at a price of par <br />and accrued interest to the date of redemption, if a final com- <br />mitment letter with respect to the Project and the purchase of <br />the Bonds is not received by the Issuer from the United States <br />Department of Agriculture, Farmers Home Administration, on or <br />prior to July 1, 1984, all as more particularly set forth in the <br />Resolution and the Escrow Deposit Agreement. Notice of redemp- <br />tion shall be given in the manner provided in the Resolution. <br />This Note shall not constitute a general obligation of <br />the Issuer, and the holder thereof shall never have the right to <br />require or compel the exercise of the power of the Issuer to levy <br />ad valorem taxes for the payment of the principal of and interest <br />on this Note. <br />It is hereby certified, recited and declared that all <br />acts, conditions and things required to exist, to happen and to <br />be performed precedent to and in connection with the issuance of <br />this Note, exist, have happened and have been performed in regu- <br />lar and due form and time as required by the laws and Constitution <br />of the State of Florida applicable thereto; and that the issuance <br />of this Note and of the issue of Notes of which this Note is one <br />does not violate any constitutional or statutory limitations or <br />provisions. <br />This Note is and shall have all of the qualities and <br />incidents of a negotiable instrument under the laws of the State <br />of Florida. <br />IN WITNESS WHEREOF, Indian River County, Florida, has <br />issued this Note and has caused the same to be signed by the <br />Chairman of its Board of County Commissioners and its corporate <br />seal to be impressed hereon and attested and countersigned by the <br />Clerk of its Board of County Commissioners, all as of the first <br />day of December, 1982. <br />-5- <br />