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9 <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 />General Obli anon ublic Im rovement/Refundin Bond Series 2001 <br />INTEREST <br />RATE MATURITY <br />DATE DATED DATE CUSIP <br /> Febru 1, Au st 1, 2001 684 609 XXX <br />REGISTERED OWNER: *****CEDE & CO.***** <br />PRINCIPAL AMOUNT: **** THOUSAND DOLLARS <br />($ ,000)*** <br />ORANGE COUNTY, NORTH CAROLINA (the "County'), for value <br />received, promises to pay to the registered owner hereof, or registered assigns or legal <br />representative, the principal amount stated above on the maturity date stated above, <br />subject to prior redemption as described herein, and to pay interest on this Bond <br />semiannually on each February 1 and August 1, beginning February 1, 2002, at the <br />annual rate stated above. Interest is payable (a) from August 1, 2001, if this Bond is <br />authenticated prior to February 1, 2002, or (b) otherwise from the February 1 or <br />August 1 that is, or immediately precedes, the date on which this Bond is <br />authenticated (unless payment of interest hereon is in default, in which case this Bond <br />will bear interest from the date to which interest has been paid). Principal, premium, if <br />any, and interest are payable in lawful money of the United States of America. <br />This Bond is one of an issue of the County's $xxxxxxx General Obligation <br />[Public Improvement/R.efunding] Bonds, Series 2001 (the "Bonds"), of like date and <br />tenor, except as to number, [denomination,] rate of interest, privilege of redemption <br />and maturity. The Bonds are issued pursuant to a resolution adopted by such Board on <br />rune 25, 2001, and the Constitution and laws of the State of North Carolina, including <br />the Local Government Band Act. <br />