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it shall have been authenticated by the execution by the Bond <br />Registrar of the certificate of authentication endorsed thereon. <br /> <br /> The Bonds and. the endorsements thereon shall be in <br />substantially the following form: <br /> [Front Side of Printed Bonds] <br />No. R- . ..... <br /> <br />United States of America <br />State of North Carolina <br /> <br /> COUNTY OF CABARRUS <br />SCHOOL BOND, SERIES 1997 <br /> <br />February 1, ............... <br /> <br /> The County of Cabarrus, in the State of North Carolina, is <br />justly indebted and for value received hereby promises to pay to <br /> <br />or registered assigns or legal representative on the date specified <br />above, upon the presentation and surrender hereof, at the office of <br />the Finance Director of said County (the "Bond Registrar"), the <br />principal sum of <br /> <br /> ....................... DOLLARS <br /> <br />and to pay interest on such principal sum from the date hereof or <br />from the August 1 or February 1 next preceding the date of <br />authentication to which interest shall have been paid, unless such <br />date of authentication is an August 1 or February 1 to which <br />interest shall have been paid, in which case from such date, such <br />interest to the maturity hereof being payable on August 1, 1997 and <br />semiannually thereafter on February 1 and August 1 in each year, at <br /> <br /> <br />