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11 <br />SATISFACTION: The <br />this note hay been <br />this day of , <br />Signed: <br />debt. evidenced by <br />satisfied in full <br />20 <br />INST~T•T~;.,,.._*~*~'~' PVRCHAS$ PROVISORY NOTE <br />H~.~.lsborough, N. C. <br />2000 <br />FOR VALUE RECEIVED the undersigned, County of Orange, <br />North. Carolina (thy "County"), promises to pay to C & R <br />FURNITURE COMPANY, MARSHAL L. GATES, JIt. and wife, V=RGiN'IA <br />LINER GATES, or assigns of which the County has been <br />notified, the principal sum of $346,000.00, with interest <br />from at the rate of six per cent (6~) per anaum <br />on the .unpaid balance until paid, both principal and <br />interest payable is lawful money of the United States of <br />America, by mailing said moneys to MARSHALL L. GATES, JR. <br />and wife, VIRGINIA LINBR GATES, <br />• ~ cr at such place as the legal <br />holder hereof may designate in writing. The principal and <br />interest shall be due and payable in monthly installments <br />pursuant to the attached Amortization Schedule. <br />This instrument has been preaudited in the manner <br />required by The Laval Government Budget and Fiscal Control <br />Act. <br />Dated: 20 <br />Finance Director, Orange County <br />