Orange County NC Website
235 <br /> Section 6. If the FmHA is the initial purchaser of the <br /> bonds, there will be issued a single registered bond of the <br /> issuer of the denomination of $200,000, numbered R-1, maturing in <br /> annual installments on the 1st day of June in the following years <br /> and in the following amounts, respectively: <br /> Year of Principal Year of Principal <br /> Maturity Amount Maturity Amount <br /> 1990 $ 2,000 2009 $ 5,500 <br /> 1991 2,000 2010 6,000 <br /> 1992 2,000 2011 6,000 <br /> 1993 2,000 2012 6,500 <br /> 1994 2,000 2013 7,000 <br /> 1995 2,000 2014 7,500 <br /> 1996 2,500 2015 8,000 <br /> 1997 2,500 2016 8,000 <br /> 1998 3, 000 2017 8,000 <br /> 1999 3,000 2018 8,000 <br /> 2000 3,000 2019 8,000 <br /> 2001 3,500 2020 8,000 <br /> 2002 3,500 2021 8,000 <br /> 2003 4, 000 2022 8,000 <br /> 2004 4,000 2023 8,000 <br /> 2005 4,000 2024 8,000 <br /> 2006 4,500 2025 8,000 <br /> 2007 5,000 2026 8,000 <br /> 2008 5,000 2027 6,000 <br /> and bearing interest on the unpaid part of such principal at the <br /> rate of 6.375% per annum until payment thereof. <br /> Such bond will not be defeased without the written <br /> consent of the FmHA during such time as the FmHA shall remain the <br /> registered owner of such bond. <br /> Such bond and the endorsements thereon shall be in <br /> substantially the following forms: <br /> -17- <br /> BROWN B WOOD.ONE WORLD TRADE CENTER.NEW YORK.N.Y.1 004$ <br />