Orange County NC Website
11 <br />EXHIBIT A -Form of Bonds <br />REGISTERED REGISTERED <br />Number R-X <br />UNITED STATES OF AMERICA <br />STATE OF NORTH CAROLINA <br />ORANGE COUNTY <br />General Obligation LPublic Improvement/ Refundingl Bond. Series 2003 <br />INTEREST <br />RATE MATURITY <br />DATE <br />DATED DATE <br />CUSIP <br /> [March/June] 1, April 1, 2003 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 <br />legal representative, the principal amount stated above on the maturity date stated <br />above, [subject to prior redemption as described herein,] and to pay interest on this <br />Bond semiannually on each [June 1 and December 1, beginning June 1, 2003 , at the <br />annual rate stated above. Interest is payable (a) from June 1, 2003, if this Bond is <br />authenticated prior to April 1, 2003, or (b) otherwise from the June 1 or December <br />1] that is, or immediately precedes, the date on which this Bond is authenticated <br />(unless payment of interest hereon is in default, in which case this Bond will bear <br />interest from the date to which interest has been paid). Principal, premium, if any, <br />and interest are payable in lawful money of the United States of America. <br />