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No. R-1 $200, 000 <br /> REGISTERED BOND WITHOUT COUPONS <br /> (Registered as to both principal and interest) <br /> United States of America <br /> State of North Carolina <br /> COUNTY OF ORANGE <br /> Sanitary Sewer Bond <br /> The County of Orange, in the State of North Carolina, is <br /> justly indebted and for value received hereby promises to pay to <br /> the <br /> UNITED STATES OF AMERICA <br /> FARMERS HOME ADMINISTRATION <br /> or registered assigns or legal representative the principal sum <br /> of <br /> TWO HUNDRED THOUSAND DOLLARS <br /> in annual installments on the 1st day of June in the following <br /> years and amounts: <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 to pay interest from the date hereof on the unpaid part of <br /> such Drincioal sum at the rats of ci lr and t hroc hiinArgA cevonty- <br />