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the rate per annum specified above, until payment of such principal <br />sum. The interest so payable on any such interest payment date <br />will be paid to the person in whose name this Bond (or the previous <br />bond or bonds evidencing the same debt as that evidenced by this <br />Bond) is registered at the close of business on the record date for <br />such interest, which shall be the 15th day (whether or not a <br />business day) of the calendar month next preceding such interest <br />payment date, by check mailed to such person at his address as it <br />appears on the bond registration books of said County. Both the <br />principal of and the interest on this Bond shall be paid in any <br />coin or currency of the United States of America that is legal <br />tender for the payment of public and private debts on the <br />respective dates of payment thereof. For the prompt payment <br />hereof, both principal and interest as the same' shall become due, <br />the faith and credit of said County of Cabarrus are hereby <br />irrevocably pledged. <br /> <br />[Printed Bonds are to include the following paragraph] <br />ADDITIONAL PROVISIONS OF THIS BOND ARE SET FORTH ON THE <br />REVERSE HEREOF AND SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS <br />IF SET FORTH HERE. <br /> <br /> [Reverse Side of Printed Bonds} <br /> <br /> This Bond is one of an issue of Bonds designated "School <br />Bonds, Series 1997" (the "Bonds") and issued by said County for the <br />purpose of providing funds, with any other available funds, for the <br />acquisition, construction, renovation and equipping of certain of <br />the County's school facilities in said County and this Bond is <br />issued under and pursuant to The Local Government Bond. Act, as <br /> <br /> <br />