1992 - 06-15-92 Regular Meeting - Laserfiche WebLink

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0 0 boos 14, ptsE 'i29. 1-1 NO. R- s United States of America state of North Carolina COUNTY OF LEE INTEREST RATE PUBLIC IMPROVEMENT BOND, SERIES 1992 MATURITY DATE February 1, REGISTERED OWNER: CEDE & CO. PRINCIPAL SUM: CUSIP DOLLARS The County of Lee (hereinafter referred to as "County"), a county of the State of North Carolina, acknowledges itself indebted and for value received hereby promises to pay to the registered owner named above, on the date specified above, upon surrender hereof, at the office of the Finance Director of the County, 106 Hillcrest Drive, Sanford, North Carolina 27330 (the "Bond Registrar"), the principal sum shown above and to pay to the registered owner hereof, by check mailed to the registered owner at his address as it appears on the bond registration books of the County, interest on such principal sum from the date of this bond or from the February 1 or August 1 next preceding the date of authentication to which interest shall have been paid, unless such date of authentication is a February 1 or August 1 to which interest shall have been paid, in which case from such date, such interest to the maturity hereof being payable on February 1, 1993 and semi-annually thereafter on August 1 and February 1 of each year, at the rate per annum specified above, until payment of such principal sum. The interest so payable on any such interest payment date will be paid to the person in whose name this bond is registered at the close of business on the record date for such interest, which shall be the fifteenth day of the calendar month (whether or not a business day) next preceding such interest payment date. Both the principal of and the interest on this bond shall be paid in any coin or currency of the United States of America that is legal tender for the payment of public and private debts on the respective dates of payment thereof. DATE OF ORIGINAL ISSUE July 1, 1992 ~o 6