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2.2 T
<br />No. R-1 $200,000
<br />` ` REGIST4RED $O?7b WITHOUT COUPONS
<br />(ReSist~red as to bot:~ principal and interest)
<br />United States of America
<br />State of Nosh Carolina
<br />COUNTY OF ORANGE
<br />Sanitary Sewer Band
<br />The County of Orange, in the State of North Carolina, is
<br />justly indebted and for value received hereby promises to pay tq
<br />the
<br />UNITED STATES OF AMERICA
<br />FARMERS HOME ADMINISTRATION
<br />ar reg~,stered assigns ar legal representative the principal sum
<br />of
<br />TWO F3UNDR4D THOUSANb DOL~,ARS
<br />in annual, installments on the 1st day of June in the fallowing
<br />years and amounts:
<br />Year of Principal Year of Principal
<br />Maturit
<br />_,._~~
<br />Amount
<br />Mature tv
<br />--~.~ Amount
<br />1990 $ 2,000 2009 $ 5
<br />500
<br />1991 2,aoo 2010 ,
<br />6,000
<br />1992 2,000 2011 fi
<br />000
<br />1993 2,000 2012 ,
<br />6
<br />500
<br />1994 2,000 2013 ,
<br />7
<br />000
<br />1995 2,000 2014 ,
<br />7
<br />500
<br />1996 2,500 2015 ,
<br />8
<br />000
<br />1997 2,500 2016 ,
<br />8,000
<br />199$ 3,000 2017 8
<br />000
<br /> '-ODO 2018 ,
<br />8
<br />000
<br />2000 x,000 2019 ,
<br />8
<br />000
<br />2001 3,500 2020 ,
<br />8,000
<br />2002 3,500 2021 8
<br />000
<br />2003 4,000 2022 ,
<br />8,000
<br />2004 4,000 2023 S,D00
<br />2005 4,000 2024 8,000
<br />2006 4,500 2025
<br />8,000
<br />2007 5,000 2026 8,000
<br />2008 5,000 2027
<br />6,000
<br />and to pay interest from the date hereof on the unpaid part of
<br />such principal sum at the rate of six and three hundred seventy-
<br />five one thousandths per centum (6.375%) per annum until payment
<br />thereof, such interest to the maturity hereof being payable an
<br />_., ..,
<br />I
<br />June 1, 1988 and annually thereafter on June 1 in each year. The
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