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E <br />s00ti 8 rwsl 58 <br />0 <br />UNITED STATES OF AMERICA <br />STATE.OF.NORTH CAROLINA <br />. COUNTY OF LEE <br />SANITARY LANDFILL BOND <br />No. R-1 <br />The County of Lee (hereinafter called the`County"), a <br />County of the State of North Carolina, acknowledges itself in- <br />debted and for value received,.hereby promises to pay, to the <br />UNITED STATES OF AMERICA, FARMERS HOME ADMINISTRATION, or its <br />registered assigns (herein called "Payee"), the principal sum of <br />$50,000 on the first day of June in years and installments as <br />follows: <br />Principal Amount <br />$ 4,000 <br />4,000 <br />4,000 <br />4,000 <br />1977 4,000 <br />1978 4,000 <br />1979 10,000 <br />1980 10,000 <br />1981 6,000 <br />in suchcoin or currency of the United States of America as at the <br />Years <br />1973 <br />1974 <br />1975 <br />1976 <br />time of payment shall be legal tender for the payment of debts due <br />the' United States of America, and to pay interest on the balance <br />of said principal sum from time to time remaining unpaid, in like <br />coin or currency, at the rate of five per centum (5%) per annum on <br />June 1, 1972, and annually thereafter on June 1 of each year, un- <br />til the principal amount hereof has been paid. <br />Payments of the installments of principal and interest <br />then due and payable on this bond without presentation or surren- <br />der thereof shall be made at the local office of the Farmers Home <br />Administration, Lee County, North Carolina, or such other fiscal <br />agent as the Farmers Home Administration shall designate. <br />- 9 - <br />