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W <br />40 <br />•• <br />NO. <br />UNITED STATES OF AMERICA <br />STATE OF FLORIDA <br />COUNTY OF INDIAN RIVER <br />GENERAL OBLIGATION BOND <br />$5,000 <br />KNOW ALL MEN BY THESE PRESENTS, that Indian River <br />County, Florida (hereinafter referred to as "County"), for value <br />received, hereby promises to pay to the bearer hereof, or if this <br />Bond be registered, to the registered holder as herein provided, <br />on the first day of April, 19`, the principal. sum of <br />FIVE THOUSAND DOLLARS <br />with interest thereon at the rate of <br />per centum ( %) per annum, payable semi- <br />annually on October 1 and April 1 of each year, upon presentation <br />and surrender of the annexed interest coupons as they severally <br />become due. Both principal of and interest on this Bond are <br />payable in lawful money of the United States of America at the <br />principal office of <br />or at the option of the holder at the principal office of <br />For the prompt <br />payment of the principal of and interest on this Bond as the same <br />shall become due, the full faith, credit and taxing power of the <br />County are hereby irrevocably pledged. <br />This Bond is one of an authorized issue of Bonds in the <br />aggregate principal amount of not exceeding $5,000,000, of like <br />date, tenor and effect, except as to number, interest rate (if <br />all bonds do not bear the same rate) and date of maturity, issued <br />to finance the cost of the acquisition of beachfront land on the <br />Atlantic Ocean in the County, for recreational purposes, under <br />the authority of and in full compliance with the Constitution and <br />Statutes of the State of Florida, particularly Chapter 125, <br />Florida Statutes, and other applicable provisions of Law, and <br />pursuant to a resolution adopted by the Board of County Commis- <br />sioners of Indian River County, Florida, on the 17th day of <br />November, 1982, as supplemented (herein respectively called the <br />-3- <br />