|
0 Exhibit B
<br /> APPENDIX B
<br /> SCHEDULE OF LEASE PAYMENTS
<br /> PM (1) Lease •
<br /> T Payment Lease (2)Prepayment
<br /> It Date Payment Option Principal Interest
<br /> 1 9/16/2005 $93,000.00 $0.00 93,000.00
<br /> 2 3/16/2006 97,982.45 51,482.45 46,500.00
<br /> 3 9/16/2006 97,982.45 52,679.42 45,303.03
<br /> 4 3/16/2007 97,982.45 53,904.21 44,078.24
<br /> 5 9/16/2007 97,982.45 55,157.49 42,824.96
<br /> 6 3/16/2008 97,982.45 56,439.90 41,542.55
<br /> 7 9/16/2008 97,982.45 57,752.13 40,230.32
<br /> 8 3/16/2009 97,982.45 59,094:86 38,887.59
<br /> 9 9/16/2009 •97,982.45 1,584,081.13 60,468.82 37,513.63
<br /> 10 3/16/2010 97,982.45 1,520,968.92 61,874.72 36,107.73
<br /> 11 9/16/2010 • 97,982.45 1,456,389.34 63,313.31 34,669.14
<br /> 12 3/16/2011 97,982.45 1,390,308.30 64,785.34 33,197.11
<br /> 13 9/16/2011 97,982.45 1,322,690.87 66,291.60 31,690.85
<br /> 14 3/16/2012 97,982.45 1,253,501.33 67,832.88 30,149.57
<br /> 15 9/16/2012 97,982.45 1,182,703.14 69,409.99 28,572.46
<br /> 16 3/16/2013 97,982.45 1,104,816:44 71,023.78 26,958.67
<br /> 17 9/16/2013 97,982.45 1,031,051.23 72,675.08 • 25,307.37
<br /> 18 3/16/2014 97,982.45 955,570.99 74,364.77 23,617.68
<br /> 19 9/16/2014 97,982.45 878,335.83 76,093.75 21,888.70
<br /> 20 3/16/2015 97,982.45 799,304.96 77,862.93 20,119.52
<br /> 21 9/16/2015 97,982.45 718,436.61 79,673.25 18,309.20
<br /> 22 3/16/2016 97,982.45 635,688.08 81,525.65 16,456.80
<br /> 23 9/16/2016 97,982.45 551,015.64 83,421.12 . 14,561_33
<br /> 24 3/16/2017 97,982.45 462,087.01 85,360.66 12,621.79
<br /> 25 9/16/2017 97,982.45 373,868.26 87,345.30 10,637.15
<br /> 26 3/16/2018 97,982.45 283,598.42 89,376.08 8,606.37
<br /> 27 9/16/2018 97,982.45 191,229.80 91,454.07 6,528.38
<br /> _28 3/16/2019 97,982.45 96,713.62 93,580.38 4,402.07
<br /> 29 9/16/2019 97,982.45 0.00 ._ 95,756.06 2,226.39
<br /> TOTALS: $2,836,508.60 $2,000,000.00.. $836,508.60
<br /> NOTES:
<br /> (1) Lease payment#1 is due on the first anniversary of the Lease Closing date and subsequent payments
<br /> are due semi-annually thereafter.
<br /> (2) Prepayment Option amount is exclusive of the Lease Payment due on the same date. The Schedule of
<br /> Prepayment Options include a prepayment premium,calculated as follows:
<br /> Payment# Premium
<br /> 9 thru 15 2.00%
<br /> 16 thru 23 1.50%
<br /> 24 thru 28 1.00%
<br /> Resolution No.431/11 Page 4
<br />
|