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1~ <br />EXHIBIT A -Form of Bonds <br />REGISTERED <br />Number R-X <br />UNITED STATES OF AMERICA <br />STATE OF NORTH CAROLINA <br />ORANGE COUNTY <br />REGISTERED <br />Public Improvement Bond, Series 20041A/Bl <br />INTEREST <br />RATE MATURITY <br />DATE <br />DATED DATE <br />CUSIP <br /> February 1, August 1, 2004 684 609 XXX <br />REGISTERED OWNER: *****CEDE & CO.***** <br />PRINCIPAL AMOUNT: **** THOUSAND DOLLARS <br />($ ,000)*** <br />ORANGE COUNTY, NORTH CAROLINA (t/ie "Coiu:ry"), for value <br />received, promises to pay to the registered owner hereof; or registered assigns or <br />legal representative, the principal amount stated above on tYie maturity date stated <br />above, subject to prior redemption as described herein, and to pay interest on this <br />Bond semiannually on each February 1 and August 1, beginning February 1, 2005, <br />at the aruiual rate stated above. Interest is payable (a) from August 1, 2004, if this <br />Bond is authenticated prior to February 1, 2005, or (b) otherwise from the February <br />1 or August 1 that is, or inunediately precedes, the date on which this Bond is <br />authenticated (unless payment of interest hereon is in default, in which case this <br />Bond will bear interest from the date to which interest has been paid). Principal, <br />premium, if any, and interest are payable in lawful money of the United States of <br />America. <br />This Bond is one of an issue of the County's $ Public <br />Improvement Bonds, Series [2004A/B] (the "Bonds"), of like date and tenor, <br />Orange 04 GO bond resolution BR <br />