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affected bonds have meed to participate hereunder, and further that the charges collected pursuant hereto shall be retained by said First Party in payment of services and reimbursement for expenses in connection with the exchange of the particular bonds against which the charge may be unposed. XIII. That, if, during the life of this contract, any of the outptanding bonds subject to refunding, or coupons appurtenant thereto pr clipped therefrom, shal3t be presented for payment, or suit shall be instituted thereon or in respect thereto, Second Party agrees that First Party will be notified before any terms of settlement are agreed upon between the Second Party and bondholders making demands for payment XIV. That the parties.hereto will jointly use their best efforts to induce hold- ers of the presently outstanding bonds included within the scope hereof to participate in the refunding program; -=and, until otherwise mutually agreed upon, the plan herein set forth shall constitute the exclusive refunding program for said District. ZV* That First Party will not be entitled to receive any compensation hereunder from Second Party until the consent of tje owmers of seventy-five per cent..(75%), or more# of the bonds included within the scope hereof has been obtained to participate in the refunding program, and no exchanges shall be made until the unqualified approving opinion of general market attorneys has been obtained. IN WITNESS WHIREOF, First Party has executed this instrument In duplicate, and Second Party has caused this instrument to be executed in duplicate.- in its corporate name, under due corporate authority, pursuant to proper resolution, and has caused the sine to be signed by the Chairman of the Burd of County Commissioners for the County of Indian River, State of Florida, and his signature to be attested by.the-Clerk of said Board; with the cor- porate seal of said Board duly affixed, all as of this 15th day of wane, A. D. 1937. R. E. CRS & COMPANY ( CORPORATE SEAL) By .' R . E. ORDMMER FIRST PART% INDIAN RIVER COUNTY, FLORIDA, (CO. COMMISSIONS SEAL) SPECIAL ROAD AND BRIDGE DISTRICT N0. 4 Attest: By R. E. Mudge Carman, Board of County Com- Douglas _Balser _ _ - missioners for the County of Indian River, State of Florida. SECOND PARTY On motion made by E. P. Poole seconded by Edwin A. Helseth and carried this',Board pursuant to the requirements of refunding contract this day authorized between this Board and R. E. Crummer and Company with regard to obligations of Special Road and Bridge --District No, 4, does herewith designate and retain Vocelle and Mitchell as counsel to represent this Board until the purposes of'this contract have been fulfilled with the understanding as provided in said contract that any expenses connected therewith in exeess.of the regalar retainer paid by this Board to the said attorneys shall be borne in full by the first: party to said contract, namely, R. to Crummer and Company. There being no further business on motion made seconded and carried the meeting adjourned to meet Wednesday Tun®.23, 19371 at 9:00 o'clock A. M9 for the purpose of discussing the Budget for the year 1939-1938, M 1 1 1