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L <br /> FIVE THOUSAND DOLLARS <br /> and to p y interest thereon from the date hereof at the <br /> rate of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . per centum <br /> ( . . . . . .%) per annum until payment of such principal sum, <br /> such interest to the maturity hereof being payable semi- <br /> annually on the 1st days of June and December in each year <br /> upon the presentation and surrender of the coupons repre- <br /> senting uch interest as the same respectively become due. <br /> Both the principal of and the interest on this bond are <br /> payable t Wachovia Bank and Trust Company, N.A. , in the <br /> City of inston-Salem, North Carolina, or, at the option <br /> of the h lder or registered owner, at Bankers Trust Company, <br /> in the Bcrough of Manhattan, City and State of New York, <br /> in any cgin or currency of the United States of America <br /> which, at the respective dates of payment thereof, is legal <br /> tender for the payment of public and private debts. For <br /> the prom ft hereof , both principal and interest as the same <br /> shall become due , the full faith and credit of said County <br /> of orange are hereby irrevocably pledged . <br /> This bond is one of an issue of bonds issued by said <br /> County f r the purpose of providing funds, with any other <br /> availabl funds, for providing additional school facili- <br /> ties in said County, and this bond is issued under and <br /> pursuant to The Local Government Bond Act, as amended , <br /> Article 7, as amended , of Chapter 159 of the General <br /> Statues f North Carolina, an order which was approved <br /> by the vote of a majority of the qualified voters of <br /> i <br />