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(2) If to the Guarantor, to <br />Attention: <br />(3) If to the Issuer, to Indian River County, <br />Florida, c/o County Attorney, 1840 25th Street, <br />Vero 13each, Florida 32960. <br />The Guarantor, the Trustee and the Issuer may, by notice given <br />under this Section 1.02, designate 1ny further or different <br />addresses to which subsequent notices, requests or other com- <br />munications shall be sent. <br />Section 1.03. Waivers of Notice. <br />Where this Agreement provides for notice in any manner, such <br />notice may be 1o1aived in writing by the Person entitled to receive <br />such notice, either before or after the event, and such waiver <br />shall be the equivalent of such notice. Waivers of notice shall <br />be given in the manner provided for; the giving of notice, <br />Section 1.04, No Third Party Oeneficiaries. <br />( a) This Agreement shall inure to the hl!nefit of the ( i) <br />Trustee, (ii) the holders from time to time of the Bonds { the <br />"Oomlholders") and {iii) the Issuer. This Agreement is for the <br />exclusive benefit of the foregoing Persons, and shall not be <br />deemetl to be made for the benefit of any other Persons not so <br />specified. The Guarantor hereby expressly waives notice from the <br />Trustee, the 13ondholders and the Issuer of their reliance U[)On or <br />acceptance of this Agreement. <br />(b) The Gu;irantor subjects its separate property to this <br />Agreement and expressly u.grees that recourse may be had against <br />its separate property for all of its obligations heceunder, and <br />it further agrees ~,at any and all of its properties shall be <br />subject to execution for any judgment rendeced aqainst it on this <br />fl<Jree1nent by a court of competent jucis<liction: provhle<l, <br />however, that. this provision shall. not be construe,] to create c1 <br />security interest in or lien upon stlch property unless a. judgment <br />lien is perfected under applicable law. The Gu;irantor will not <br />exercise any rights which it ;nay acquire by wa.y of subrogation on <br />account af any rayrnent made hereun,ier or otherwise, unt.i l all of <br />the i.3onds shall have been paid in full (or provision for the <br />pay~ent thereof shall have been rna<le as provided in the <br />Indentuce) <'.ln<l all amounts p;iyable to the Trustee unJer the <br />Indentur-e anu hereun<ler shall have been pai,l, <br />-4-