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Financial Guaranty• In+uranvr <br />(aanpany <br />8. The flow of funds shall be modified to allow for any <br />transfer -out of revenues to occur only after the end of <br />each fiscal year. <br />9. The Bonds shall bear a Statement of Insurance in the <br />form attached hereto as Exhibit B. BOND PROOFS SHALL BE <br />APPROVED BY FINANCIAL GUARANTY PRIOR TO PRINTING. <br />10. The preliminary official statement and the official <br />statement shall (a) be satisfactory in form and <br />substance to Financial Guaranty and (b) shall contain <br />the language attached hereto as Exhibit C and only such <br />other references to Financial Guaranty as we shall <br />supply or approve. <br />11. Promptly after the closing of the Bonds, Financial <br />Guaranty shall receive three completed sets of executed <br />documents (one original and two photocopies), copies of <br />which we will deliver to each agency rating the Bonds. <br />Kathleen M. Evers <br />Senior Analyst <br />To keep this commitment in effect to the Expiration Date set <br />forth on the first page, Financial Guaranty must receive a <br />duplicate of this Commitment executed by an appropriate <br />officer of the Indian River County, Florida by the earlier of <br />the date on which the disclosure document relating to the <br />Bonds is circulated and March 11, 1996. <br />The undersigned agrees that if the Bonds are insured by a <br />policy of municipal bond insurance, such insurance shall be <br />provided by Financial Guaranty in accordance with the terms <br />of this Commitment. <br />Accepted as of , 1996 by the Indian River <br />County, Florida. <br />BY: <br />TITLE: <br />Pale 4 of 4 <br />