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1984-102
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1984-102
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Ii <br />• <br />•• <br />certificate) dated as of the Closing Date, signed by the Chairman <br />of the governing body of the County, to the effect that the <br />County's representations contained in Part I hereof shall be true <br />on and as of the Closing Date, with the same effect as though <br />such representations had been on and as of the Closing Date. <br />(f) The County shall not be in default under this <br />Agreement, the Resolution, the Indenture or the Loan Agreement. <br />(g) The governing body of the County shall have adopted <br />the Resolution and executed and delivered the Indenture substan- <br />tially in the forms thereof furnished the Purchaser, with such <br />changes, if any, as shall be approved by the County, the Borrower <br />and the Purchaser. <br />(h) The County and the Borrower shall have executed and <br />delivered the Loan Agreement substantially in the form thereof <br />furnished the Purchaser, with such changes, if any, as shall be <br />approved by the County, the Borrower and the Purchaser. <br />(i) All recordings and filings of, or with respect to, <br />the Loan Agreement (including the Mortgage and the Security <br />Interest, as defined in the Loan Agreement), and all necessary or <br />appropriate financing statements relating thereto, shall have <br />been duly recorded or filed in all such places as may be required <br />by law, or as may be deemed necessary or desirable by the <br />Purchaser and the Trustee, in order to establish, preserve, pro- <br />tect and perfect the interest and rights created or intended to <br />be created thereby. <br />(j) The 1984 Bonds shall be validated by final judgment <br />of the Circuit Court for Indian River County, Florida. <br />3.2. Additional Bonds. The County reserves the right, <br />at the request of the Borrower, to issue additional industrial <br />development revenue bonds in accordance with the provisions of <br />the Indenture. <br />3.3. Bonds Restricted. The Purchaser acknowledges and <br />agrees that the 1984 Bonds shall be issued only as fully <br />registered bonds. <br />3.4. Miscellaneous. <br />(a) All covenants, agreements, representations and <br />warranties made herein and in the certificates delivered pursuant <br />hereto shall survive the purchase by the Purchaser of the 1984 <br />Bonds, and shall continue in full force and effect so long as any <br />-7- <br />
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