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4 <br /> One Hundred One Thousand and Twenty-two and 49/100 <br /> Dollars ($101,022.49) within 15 days of the date of this <br /> judgment,as payment on unpaid accrued interest in full, with <br /> the principal indebtedness of Four Hundred Thousand Dollars <br /> $400,000 and interest at the rate of four per cent (4%) per <br /> annum accruing from and after the 7th day of November 1977, to <br /> be paid in sixty (60) equal quarterly installments to be <br /> applied first to unpaid accrued interest and the balance to <br /> reduction of principal, with each of said equal quarterly <br /> installments to be in the sum of Eight Thousand Eight Hundred <br /> Ninety-seven and 78/100 Dollars ($8,897.78) the first of <br /> which quarterly installments shall be paid on the 7th day of <br /> February, 1978, with subsequent installments to be paid on May <br /> 7, 1978, August 7, 1978, and November 7, 1978, and with <br /> quarterly installments to continue to be made on the 7th day of <br /> each succeeding February, May, August and November thereafter <br /> to and including the 7th day of November, 1993, at which time <br /> the entire principal indebtedness and all accrued interest <br /> shall be due and payable in full, if not sooner paid. <br /> IT IS FURTHER ORDERED, ADJUDGED AND DECREED that the <br /> Town of Mebane shall be entitled to the possession of the <br /> water and sewer improvements described and referred to in the <br /> petition and shall be entitled to the rents and tap fees and <br /> any other income therefrom so long as the Town of Mebane is in <br /> compliance with the terms of this judgment, and that upon <br /> final payment of all sums due hereunder title to the said <br /> water and sewer lines and all improvements, both le al and <br /> personal, and all rights of way acquired by Orange County <br /> therefor shall become automatically vested by virtue of this <br /> judgment in the Town of Mebane, provided however that the <br />