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1 <br />1 <br />shall be affixed thereto, attested -by the Clerk of the said Board. Interest coupons attached't� <br />each of said Refunding Bonds shell -be- executed with the facsimile signatures of, the said Chair- <br />man and Clerk, and said officials'. by the execution of� said bonds, shall adopt -as and"' for their <br />--own proper signatures their respective facsimile signatures on each of said coupons. <br />Section 3. (a) That said Refunding Bonds,, Series A. the coupons thereto attached,and <br />the,..validation certificate to be endorsed thereon, shall be in.substantially the following form <br />UNITED STATES OF. AMERICA <br />Bond No. STATE OF FLORIDA � <br />COUNT'Y' OF IRDIAN RTM <br />ROAD AND BRIDGE MMUNDING BONDS <br />SERIES -A <br />KNOW ALL .By'MESEPRESENTS: That the County of Indian River, in the State of <br />Florida, hereby acknowledges itself to be indebted, and, for value received, hereby promises to <br />pay to the bearer the principal sum of ` <br />D 0 L L A R S <br />on the first day of July, A. D. 19$7, with the option of prior redemption as hereinafter pro- <br />vided, and to pay interest on said sum, as hereinafter speeified from -the date hereof until <br />paid, or until called -for redemptions payable semi-annually on the first days of January and <br />July Of each year, such interest to the maturity date of this bond to -be paid upon presentation <br />and surrender -of the attached, -coupons as they severally become due• Both principal and interest <br />, <br />of this bond are payable in lawful money of the United States of America at the Chemical Bank <br />& Trust .Company, in the City of Now 'fork, New Fork; and for the prompt payment of this bandy <br />and the interest thereon, as the same become due, the full faith,:oredit't and taxing power of <br />said County are hereby irrevocably pledged to the same extent and with like force and effect'as <br />the same were pledged for the payment of the indebtedness refunded hereby <br />Interest on this'bond, as evidenced by the interest coupons hereto attached, shall be <br />enforceable and collectible at the rete of four per cent, per annum faroll date hereof to .July 1, <br />1948; and at the'rate of five per cent. ter annum thereafter. <br />The right is hereby resereed to call and redeem all or any part of the issue of bonds <br />of which this bond is one on any interest payment date prior to maturity at par plus accrued <br />Interest at the rate then prevailing as enforceable and collectible, In the event of the exec- <br />aise of such right to call, not less than thirty nor more`than sixty days notice of such redem <br />tion will be given by filing and publication as provided by resolution of the Board of County <br />Commissioners of said County authorizing the issuance of the'issue of bonds of which this bond <br />,Is one, and said bonds when so called, shall cease to bear interest on such redemption date, <br />provided that adequate funds for their redemption shall have been provided and set aside at the <br />designated paying agent by said County for such purpose, <br />This bond is one of an issue of Refunding Bonds of like date and maturity aggregating <br />#2319.189.280 identified as follows: Series A,$2305009000 bonds numbered 1 to 24, inclusive; and <br />Series B, 07#689.289 bonds numbered 85 to 233, inclusive* <br />AND IT IS MEMY CERTIFIED AND RECITED that this negotiable bond is issued under the <br />authority of and in full.compliance with the General Refunding Act of 1931, being Chapter <br />15,772, General Laws of Florida, 1931, and pursuant to a resolution duly adopted by the said <br />Board of County Commissioners, and is issued in exchange for and as a continuation, extention, <br />merger and renewal of a like amount of v®lid`subsissting bonded indebtedness of said County issu- <br />ed prior to November 50 1934, and outstanding at the date of the passage of said resolution, and <br />for the purpose of refunding said indebtedness; and that all acts, conditions and things req <br />ed to happen., exist and be performed, precedent to and in the issuance of this bond have hap: <br />ed-, exist, and have been performed in due time, form and manner as required by law-., and that <br />neither the indebtedness which is refunded, nor the issue of bonds of which this bond is one, <br />