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103 <br /> Exhibit C - Form of Series A Bond <br /> REGISTERED Number R-X REGISTERED <br /> ORANGE COUNTY, NORTH CAROLINA <br /> Limited Obligation Bond, Series 2021 <br /> INTEREST RATE MATURITY DATE DATED DATE CUSIP <br /> % December 1, June , 2021 684566 XXX <br /> REGISTERED OWNER: *****CEDE & CO.***** <br /> PRINCIPAL AMOUNT: **** THOUSAND DOLLARS**** <br /> ****($ 000)*** <br /> ORANGE COUNTY, NORTH CAROLINA (the "County"), for value received, <br /> promises to pay, but solely from the sources and in the manner provided, to the <br /> registered owner hereof, or registered assigns or legal representative, the principal <br /> amount stated above on the maturity date stated above, and to pay interest on this <br /> Bond semiannually on each June 1 and December 1, beginning December 1, 2021, at <br /> the annual rate stated above. <br /> Interest is payable (a) from the Dated Date stated above, if this Bond is <br /> authenticated prior to December 1, 2021, or (b) otherwise from the June 1 or <br /> December 1 that is, or immediately precedes, the date on which this Bond is <br /> authenticated (unless payment of interest on this Bond is in default, in which case <br /> this Bond will bear interest from the date to which interest has been paid). Principal <br /> and interest are payable in lawful money of the United States of America. <br /> 72 <br />