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0 <br />•f <br />SECTION 13. BONDS NOT GENERAL OBLIGATIONS. The Bonds <br />shall not be or constitute general obligations or an indebtedness <br />of the County as "bonds" within the meaning of the Constitution <br />of Florida, but shall be payable solely from and secured by a <br />lien upon and a pledge of the Assessments. No Registered Owner <br />shall ever have the right to compel the exercise of the ad <br />valorem taxing power of the County, or taxation in any form of <br />any real property therein, to pay the Bonds or the interest <br />thereon, or be entitled to payment of such principal and interest <br />from any other funds of the County. <br />SECTION 14. SECURITY FOR BONDS. The payment of the <br />principal of and interest on all the Bonds issued hereunder shall <br />be secured forthwith equally and ratably by a pledge of and a <br />lien upon the proceeds of the Assessments, junior, subordinate <br />and inferior to the lien thereon of the holders of the Prior Lien <br />obligations. The County does hereby irrevocably pledge such <br />Assessments to the payment of the principal of and interest on <br />the Bonds and to the payment into the Improvement Fund, Series <br />No. 2, hereinafter created, at the times provided, the sums <br />required to secure to the Registered Owners payment, when due, of <br />the principal of and interest on the Bonds so held by them. In <br />addition, and to the extent necessary to pay the principal of and <br />interest on the Bonds, the County shall deposit into the <br />Improvement Fund from the Non Ad Valorem Funds, an amount, <br />together with any expected investment income to be derived <br />therefrom, sufficient to remedy any such deficiency; however, <br />this provision shall not be construed in a manner to create a <br />lien upon or pledge of any of the Non Ad Valorem Funds, nor pre- <br />vent the County from hereafter pledging any portion of such Non <br />Ad Valorem Funds. <br />SECTION 15. FLOW OF FUNDS; GENERAL COVENANTS. For so <br />long as any of the principal of and interest on any of the Bonds <br />shall be outstanding and unpaid, or until there shall have been <br />set apart in the Improvement Fund, Series No. 2, hereinafter <br />-19- <br />