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zz o <br />- - JOHN b . FDL'S <br />Secretary, Local Government Coramissiow <br />By f~'acsi:aile s_anaturei <br />CERTIFICATE OF AUTHENTICATION <br />This bond is one of the bonds of the series designated <br />herein and issued under the provisions of the within-mentioned <br />Resolutian. <br />NCNB NATIONAL $ANK OF NpRTH CAROLINA <br />as Bond Regis~rar <br />By (Manual sianaturel <br />Autnarized Signatory <br />Date of authentication: <br />[Reverse Side of Bond] <br />United States of America <br />~'~ <br />~ State of Nor-~,.h Carolina <br />_..~ <br />COUNTY DF ORANGE <br />Sanitary Sewer Bond <br />This bond is one of an issue of bonds designated <br />"Sanitary Sewer Bonds" (the "bonds") and issued by said County <br />for the purpose of providing funds, with any ether available <br />funds, for constructing a portion of a sanitary sewer system for <br />said County, and this bond is issued under and pursuant to The <br />Local. Government Bond Act, as amended, Ar`icle 7, as amended, of <br />Chapter 159 of the General Statutes of North Carolina, an order <br />which has taken effect, and a resolution duly passed by ~~.he Board <br />of Commissioners far said County (the °Resolutian"). <br />The bonds at the time outstanding maturing prior to <br />June 1, 1999 are not subject to redemption prior to maturity.. <br />The•bonds maturing on June 1, 1999 and L4hereafter may be <br />redeemed, at the option of said County, from any moneys that may <br />