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A BOOR 8 PAGE39o <br />written instrument of transfer in.a.form approved by <br />said Bond Registrar and executed by. said registered <br />owner. If this bond be. so registered, the principal <br />shall .thereafter. be.payable only.. to the person in <br />whose name it is.registered,; unless' this bond shall <br />be: discharged from registry.by.being registered as <br />payable to.bearer.. Such registration shall not affect <br />the hegotiability- of the. 'coupons which shall :continue <br />to. pass: by. delivery. <br />This bond is.issued pursuant to Subchapter IV of <br />The Local Government Finance Act and a.bond order duly <br />adopted.by. the Board of'Commissioners of the County <br />on.February:5, 19:7.3,' to; finance the erection and <br />equipment of buildings in Lee :County..for use by. <br />Central Carolina Technical Institute.,: including the <br />acquisition :of the necessary land or rights-in-land. <br />The issuance of this.bond and the. contracting of the <br />indebtedness evidenced thereby have been. approved by <br />a majority of the qualified voters of the County <br />voting at an election duly. called and held in the <br />County on March 31, 19:73. <br />It is hereby: certified and-recited that all <br />conditions, actsi and things required by.-the-Constitution <br />or statutes of the State:.of North' Carolina to exist,-be <br />performed or happen precedent :to:or.in the issuance. of <br />this'bond,. exist, have been performed and have happened, <br />and that the amount of this bond, together. with all <br />other.indeb:tedness of the County, is within every debt . <br />and oth'er.limit.pres.cribed by.said Constitution or <br />.statutes.. . The. faith and 'credit :of.' the County are <br />hereby.-pledged to the punctual payment of the principal <br />of and interest on this bond in accordance with its <br />terms <br />IN WITNESS WHEREOF, the.County.'has. caused this <br />bond .to.bear a, facsimile of the signature of the <br />Chairman and Clerk of its-Board of Commissioners, and <br />a. facsimile 'of.the. -corporate. seal of the :County. to. <br />be imprinted hereon, and the annexed coupons. to.be:ar <br />the facsimile signature of said Clerk and this bond.to. <br />be. dated June 1,:1.974.'. <br />SEAL (facsimile 'signature)' <br />Chairman,. Board of Commissioners <br />acsi mile 'si <br />Board of <br />ure <br />ission <br />=4_ <br />