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a ok • • <br />SEE REVERSE SIDE FOR ADDITIONAL <br />40 PROVISIONS AND DEFINITIONS CUSIP: <br />No. <br />$ <br />UNITED STATES OF AMERICA <br />STATE OF FLORIDA <br />COUNTY OF INDIAN RIVER <br />RECREATIONAL REVENUE BOND, SERIES 1985 <br />of <br />$ DUE 1, <br />KNOW ALL MEN BY THESE PRESENTS, that Indian River <br />County, Florida (the "County"), for value received, hereby promi- <br />ses to pay to the order of , <br />or registered assignees, on the date specified above, solely from <br />the special funds hereinafter mentioned, the principal sum of <br />DOLLAF.3 <br />upon the presentation and surrender hereof at the office of <br />paying agent and bond <br />registrar (the "Bond Registrar"), and to pay interest hereon from <br />the date of this bond or from the most recent interest payment <br />date to which interest has been paid, whichever is applicable, <br />until payment of such sum, at the rate per annum set forth above, <br />payable on and semiannually thereafter on the <br />first day of and the first day of of each <br />year, by check or draft mailed to the registered owner at his <br />address as it appears on the registration books on the fifteenth <br />day of the month preceding the applicable interest payment date. <br />Both principal of and interest on this bond are payable in lawful <br />money of the United States of America. <br />This bond is one of an authorized issue of bonds issued <br />to finance the cost of the construction and equipment of a public <br />golf course, and related clubhouse facilities (collectively, the <br />"Project"), under the authority of and in full compliance with <br />the Constitution and Statutes of the State of Florida, including <br />particularly Chapter 125, Florida Statutes, Indian River County <br />Ordinance No. 77-19, as amended, and other applicable provisions <br />-13- <br />