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EXHIBIT B <br />PAYMENT SCHEDULE <br />Installment Financing Contract Date: September 4, 2008 <br />County: County of Orange <br />Loan Amount: $1,191,638.00 <br />Interest Rate/Payment Terms <br />X Fixed Rate 360-da~year <br />The interest rate is 3.27% per annum fixed. Interest is calculated and imposed on the <br />unpaid balance of the Loan Amount based on the payment schedule described herein. The <br />Loan Amount plus interest shall be repaid by County to Bank in five (5) equal consecutive <br />annual installments of principal and interest in the amount of $238,327.60 each, <br />commencing September ~, 2009, and the final payment shall include all unpaid. principal <br />and interest. <br />* The amortization schedule is subject to change based on the closing and funding date of this <br />financing. Therefore, an amortization schedule will be sent with copies of your documents after <br />closing. <br />County: COUNTY F ORANGE <br />By: <br />.~ <br />Title: (~{,,,,~ iY,~~ <br />Date: ~~ ~f l p <br />Signature page to Installment Financing Contract- between the County of Orange, North Carolina <br />(the "County").and RBC Bank (USA) (the "Bank") dated September 4, 2008 <br />20 <br />