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533 <br /> <br /> CERTIFICATE OF LOCAL GOVERNMENT COMMISSION <br /> <br /> The issuance of the within bond has been approved under the provisions of <br />The Local Government Bond Act of North Carolina. <br /> <br /> JOHN D. FOUST <br /> Secretary, Local Government Commission <br /> <br /> [Manual signature] <br /> <br /> CERTIFICATE OF AUTHENTICATION <br /> <br /> This bond is issued under the provisions of the within-mentioned <br />Resolution. <br /> <br /> Clerk to the Board of Commissioners <br /> as Bond Registrar <br /> <br /> By [Manual signature] <br /> <br />Date of authentication: <br /> <br /> ASSIGNMENT <br /> <br /> FOR VALUE RECEIVED the undersigned registered owner thereof hereby sells, <br />assigns and transfers unto <br /> <br />the within bond and all rights thereunder and hereby irrevocably constitutes <br /> and appoints <br /> attorney <br /> to register the transfer of said bond on the books kept for registration <br /> thereof, with full power of substitution in the premises. <br /> <br />Dated: <br /> <br />Signature Guaranteed: <br /> <br />NOTICE: The assignor's signature to this assignment must correspond with the <br />name as it appears upon the face of the within bond in every particular, <br />without alteration or enlargement or any change whatever. <br /> <br /> SCHEDULE A <br />[this to be a separate sheet] <br /> <br />Principal Installments Paid in <br />Advance of Maturity Date <br /> <br />Principal Due Principal Date <br />Date Amount Payment Balance Paid <br /> <br />Name of Bond Registrar, <br />Authorized Official <br /> and Title <br /> <br />$ $ $ <br /> <br /> Section 7. On December 17, 1985, the United States House of Represen- <br />tatives adopted H.R. 3838, entitled the "Tax Reform Act of 1985" ("H.R. <br />3838"), and on June 24, 1986, the United States Senate adopted amendments to <br />H.R. 3838. The Issuer covenants that, to the extent permitted by the Consti- <br />tution and laws of the State of North Carolina, it will comply with the <br />provisions of H.R. 3838 as enacted into law except to the extent that the <br />Issuer obtains an opinion of bond counsel to the effect that noncompliance <br />would not subject interest on the bonds to federal income taxes. <br /> <br /> Section 8. The Local Government Commission of North Carolina is hereby <br />requested to sell the bonds at private sale without advertisement to any <br /> <br /> <br />