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0 0 <br />p AA <br />BOOK S PAGE U 7l <br />(Form of Bond) <br />No. No. <br />UNITED STATES OF AMERICA <br />STATE OF NORTH CAROLINA <br />COUNTY OF LEE <br />$5,000 $5,000 <br />WATER AND SEWER BOND <br />The COUNTY OF LEE (hereinafter referred to as <br />"County"), a county of the State of North Carolina, <br />acknowledges itself indebted and for value received <br />hereby promises to pay to the bearer of this bond, or, <br />if it be registered, then to the registered holder, the <br />principal sum of <br />FIVE THOUSAND DOLLARS ($5,000) <br />on June 1, 19, and to pay interest thereon from the <br />date of this bond until it shall mature at the rate of <br />per centum ( <br />o) per annum, payable semi- <br />annually on June 1 and December 1 in each year, upon <br />presentation and surrender of the coupons therefor <br />attached hereto, as they severally mature. Both princi- <br />pal of and interest on this bond are payable at the <br />principal office of First-Citizens Bank and Trust Company, <br />Raleigh, North Carolina, or, at the option of the holder <br />or registered owner, at the principal office of Chemical <br />Bank, New York, New York, in such coin or currency of the <br />United States of America as at the time of payment shall <br />be legal tender for the payment of public and private <br />debts. <br />This bond may be registered as to principal <br />-4- <br />