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10 <br />registration books at the close of business on the 15th day (whether or not a business day) of the <br />month preceding each interest payment date. <br />The County intends that North Carolina law will govern the terms of the Bonds. <br />All acts, conditions and things required by the Constitution and laws of the State of North <br />Carolina to happen, exist or be performed precedent to and in the issuance of this Bond have <br />happened, exist and have been performed, and the issue of Bonds of which this Bond is one, <br />together will all other indebtedness of the County, is within every debt and other limit prescribed <br />by the Constitution and laws of the State of North Carolina. <br />IN WITNESS WHEREOF, Orange County, North Carolina, has caused this Bond to <br />signed by its County Manager, to be countersigned by the Clerk to its Board of Commissioners, its <br />seal to be affixed hereto and this Bond to be dated November 15, 2011. <br />COUNTERSIGNED: <br />[Sample only - do not sign] <br />Clerk, Board of Commissioners <br />Orange County, North Carolina <br />The Bonds have been approved by <br />the North Carolina Local Government <br />Commission in accordance with the <br />Local Government Bond Act. <br />(SEAL) <br />[Sample only - do not si~nJ <br />County Manager <br />Orange County, North Carolina <br />[Sample only - do not sign] <br />T. Vance Holloman <br />Secretary, Local Government Commission <br />