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It is hereby certified and recited that all acts, <br /> conditions and things required by the Constitution and laws of <br /> North Carolina to happen, exist and be performed precedent to and <br /> in the issuance of this note have happened, exist and have been <br /> performed in regular and due form and time as so required and <br /> that the total indebtedness of said County, including this note, <br /> does not exceed any constitutional or statutory limitation there- <br /> on. <br /> IN WITNESS WHEREOF, said County of Orange, pursuant to <br /> a resolution of its Board of Commissioners, has caused this note <br /> to be signed by its Chairman and its Clerk and the corporate seal <br /> of said County to be affixed hereto, all as of the 29th day of <br /> June, 1987. <br /> `/ <br /> ► ` - Chairman <br /> Cler,, o the Boar."' <br /> [To be endorsed upon reverse of notes] <br /> Local Government <br /> Commission Series No. <br /> The issuance of this note has been approved under the <br /> provisions of The Local Government Bond Act of North Carolina. <br /> JOHN D. FOUST <br /> Secretary, Local Government Commission <br /> By <br /> \NI <br /> Designated Assistant <br /> Section 4. The action of the Finance Djrector in <br /> applying to the Local Government Commission for the approval and <br /> sale of said notes is hereby approved, ratified and confirmed and <br /> the Local Government Commission of North Carolina is hereby <br />