1 Answer

Actually, there are at least five. >>> 1) In Ex. 19:5 God says, "If you will obey my voice and keep my covenant you shall be my own possession among all the peoples; for all the earth is mine." God mentions that all the earth is his to show that when he calls Israel his "own possession" he means more than the general care and authority he has over the world. He will be Israel's God and they will be his possession in a special way. They will have blessings beyond all other nations. They will be God's prized possession -- if they keep his covenant.

2) The second promise in Ex. 19:6 is, "and you shall be to me a kingdom of priests." The most striking privilege of the priests was intimate access to God. They drew near on behalf of the people. Their inheritance was not the land but the Lord. This privilege God promises to the whole nation. This privilege is heightened when God calls them a royal priesthood or priests in the services of the King. There is no greater privilege than to have intimate access to the King of the universe.

3) The third promise of the covenant in 19:6 is that Israel will also be a "holy nation." Israel would be holy in two senses: one, she would be set apart and distinguished from all the other peoples; two, she would be granted a moral likeness to God. She would share God's character. "Be holy, for I am holy" (Lev. 19:2). If Israel keeps covenant with God she will have the all-satisfying privilege of likeness to God. She will be a holy nation.

4) The fourth covenant promise is found in Ex. 23:22. "But if you hearken attentively to his voice and do all that I say, then I will be an enemy to your enemies and an adversary to your adversaries." Like the cat who bites into a mouse and discovers it is a dog's paw. Anybody who opposes Israel will have to deal with almighty God -- if Israel keeps covenant. This is probably what God means in Exodus 34:10 when he promises, "I will do marvels, such as have not been wrought in all the earth or in any nation; and all the people among whom you are shall see the work of the Lord …" In defense of his people God will do marvels to display his glory among the nations.

5) Finally, and as the foundation to everything else, God promises to be merciful and gracious and forgive iniquity and transgression and sin. Exodus 34:6-7 are among the sweetest gospel words in the Bible. The fact that they come from Mt. Sinai and not Mt. Calvary, the fact that they preface the ten commandments (34:28) and not the book of Romans shows that the message of Christ and the message of Moses are one harmonious message of grace. "The Lord passed before Moses and proclaimed, 'The Lord, the Lord, a God merciful and gracious, slow to anger and abounding in steadfast love and faithfulness, keeping steadfast love for thousands, forgiving iniquity and transgression and sin."' So the fifth great promise of the Mosaic covenant is that God will treat Israel with mercy and grace and will forgive her sins -- if she keeps the covenant.

Source >>>http://www.soundofgrace.com/piper83/1211…