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w• <br />a-~~ <br />FUBL.IC OFFICIAL. BOND- <br />FOR DEFINR'E TERM _ ~:r <br />~~ ~ . <br />~. <br />2 <br />rta-vt=.t~tts cAStu-trr uro surar+r taap~-rtr o~ ~-~etdcr- <br />Hard~rd, Cann.cee~rt oeta3 <br />aoNO No, zs x zsa~~a~z ~- <br />Ia10W Al11AB~1 BY THt:SE PRESENTS, That w~a <br />AL1s6itT L. PffiiDEEGisASS <br />d ~a0 8ti9EEI11 STEESTs CHAPEL HILLS xa>a:~ CA>3aLIxA . a Prirrdpal. <br />., and TRAVEt:ERS CA$UALM AND SURETY COIUPANY OF AMERIC.I~ • aorporafton d Harland, Cannsdkut, as Surety <br />'aralhrilld <br /><,~ ,,. <br />' ittt~ b0urd unp OEA1i~ "- HILL8801WtT~, HO>i;1'H CAEOLINA <br />'~...... <br />iA tlta panel wm at 'Tii811'R FIVE T80IISAtID Arm 00/ 100---------..------~--(s2s.000.OOw----•--] Dollars, bavfui <br />n~ortsy d ~ UnNad Stake d Mrsrka~ tsar the paymsrtt of which well and troy m ba meide; spld prlnclpal binds <br />tiMrrsilhraE-hhAMx heMsr eaoee+ubrs. ~ and saeipns, and acid Suroty tdr+de ibrelf. Ss euaaeeara and asebne. <br />arMd a~raray, urrrthr blr than prsartb~. <br />SEIIL,ED and dsisd thin Zitb day d I10118>!lES1E <br />YM~E118, .tile aid prinerpal has bestr ELECTED <br />19 98 <br />b the oAlcs d SHSRiFF <br />IbradalitEstann bapiirrits ~ aECEa~ss 1, 1998. and srrdirtp DECEI~$Y: i. 2002 and a rsqulnd ~ <br />1VnYh a Mond brtl+a twit ~ dtJta duUa ~ih~ aak!< allies or poa~tan. <br />Nth TORE THE CONOtTiON QE THI$ QBUQATtON M such that tf the abw~s bawtdan Prtridpal ehaN (except ai. <br />hr~elitsAar pto~rldad4 teiu+tti~t lam ~ dtrdaa d hisAiar aid. otlla or paeltlort durinE fha aid taFrr~ and atnq pay aver to <br />tAe pwrapns ad+artasd bi- tarr.b raeeiwr thraams aN manays that may soma Into hisArar horde durlnp tl+e acid tsmr wMhaut <br />tfiaitdor dtitan and at th1~ vq~iraftdn d said tann~ ar to crass d hhfhar rsetpnatbn ar rerrroval lrarr ofila. shd tom over to <br />tri111Aer arroocasor a9 nsoords and propsr~ which haw Dome Inca hlsAMr hands;, than this. abNpatlon !~ ba nuE end void; <br />alherMriss b rsm^ir to fMrM bra and ellid. <br />PRONICEO. HGi1NEVER. that the abaNr ttantsd Stuagl ahsM rrot be Nabie hereunder for any lass of any qubNc fund r+ssulSr+O <br />iivatMra imoNarrcy d any 6eNc ar 0^rtks ti W~hkh sold flubs are deposited: and. if this provisbn shaE be held void. this entire <br />bord abet b! void. . . <br />IINU~PRO~VIOED FURTHER That Iha Surely may oarroil bond at any:•time durtnp tht saki brm by phrinq b the ~obli0ee a <br />rwttrll natloa aE its deeirs so b areal and ett the expN~Nan of thirty (30) days from the rroeipt of such notke by the cbliSee <br />dra s~aagir shsi be aar~rlal^ly released as b aN - UtrreaMr aocru~. If thb pr+ovWon shop bs held vald~ thb. anHre <br />taottd shal tta void. <br /> <br />SEAL] <br />ALD1tBT L. PElgD6AGEAS$ . <br />TR/WELt31a CABtJAt.1'Y ANO sut:ETY COMP/1llY ~ AAAERICA <br />~- '~ <br />Tg s. xcvT ABomey~n-F~ct <br />