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40 <br />cates will be sufficient to pay when due the principal, interest, <br />and redemption premiums, if any, on the outstanding Bonds, shall <br />be considered "provision for payment". Nothing herein shall be <br />deemed to require the County to call any of the outstanding Bonds <br />for redemption prior to maturity pursuant to any applicable <br />optional redemption provisions, or to impair the discretion of the <br />County in determining whether to exercise any such option for <br />early redemption. <br />•i <br />SECTION 21. SALE OF BONDS. The Bonds shall be sold and <br />issued in such manner and at such price or prices consistent with <br />the provisions of the Act and this Resolution as shall be deter- <br />mined by subsequent resolution of the County adopted prior to <br />such sale and issuance, respectively. <br />SECTION 22. VALIDATION AUTHORIZED. The Attorney for <br />the County be, and he is, hereby authorized and directed to <br />institute proceedings in the Circuit Court for Indian River <br />County, Florida, for the validation of said Bonds, and the proper <br />officers of the County are hereby authorized to verify on behalf <br />of the County any pleadings in such proceedings. <br />SECTION 23. MODIFICATION OR AMENDMENT. No adverse <br />material modification or amendment of this Resolution or of any <br />resolution amendatory hereof or supplemental hereto, may be made <br />without the consent in writing of the Registered Owners of sixty- <br />six and two-thirds per centum (66 2/3%) or more in principal <br />amount of the Bonds then outstanding; provided, however, that no <br />modification or amendment shall permit a change in the maturity of <br />such Bonds or a reduction in the rate of interest thereon or in <br />the amount of the principal obligation thereof or affecting the <br />unconditional promise of the County to collect the Pledged Revenues <br />as herein provided, or to pay the principal of and interest on <br />the Bonds as the same shall become due from such Pledged Revenues <br />and the income from investments, or reduce such percentage of <br />Registered Owners of such Bonds, required above, for Such modifi- <br />cations or amendments, without the consent of the Registered <br />-31- <br />