Orange County NC Website
EXHIBIT B-2 <br />INSTALLMENT PAYMENT SCHEDULE <br />Re: Equipment Installment Financing Agreement, dated as of February 9, 2007, between <br />Banc of America Public Capital Corp, as Lender, and Orange County, North Carolina, as <br />Purchaser <br />Purchaser: Orange County, North Carolina <br />Purchase Term: 60 Months <br />Purchase Price: $842,038.00 .._ _ .... <br />Interest Rate: 3.60% <br /> <br />Installment <br />Payment Date Installment <br /> <br />P~o»t <br />Interest <br />Portion <br />Principal <br />Portion <br />Outstanding <br />Balance Purchase <br /> <br />Puce <br /> <br />02/09/07 0.00 0.00 0.00 842,038.00 842,038.00 <br />05/09/07 46,187.04 7,578.34 38,608.69 803,429.31 803,429.31 <br />08/09/07 46,187.04 7,230.87 38,956.17 764,473.14 764,473.14 <br />11/09/07" 46,187.04 6,880.26 39,306.78 725,166.36 725,166.36 <br />02/09/08 46,187.04 6,526.50 39,660.54 685,505.82 685,505.82 <br />05/09/08 46,187.04 6,169.55 40,017.48 645,488.34 645,488.34 <br />08/09/08 46,187.04 5,809.40 40,377.64 605,110.70 605,110.70 <br />11/09/08 .46,187.04 5,446.00 40,741.04 564,369.66 564,369.66 <br />02/09/09 46,187.04 5,079.33 41,107.71 523,261.95 523,261.95 <br />05/09/09 46,187.04 4,709.36 41,477.68 481,784.27 481,784.27 <br />08/09/09 46,187.04 4,336.06 41,850.98 439,933.29 439,933.29 <br />11/09/09 46,187.04 3,959.40 42,227.64 397,705.65 397,705.65 <br />02/09/10 46,187.04 3,579.35 42,607.69 355,097.97 355,097.97 <br />05/09/10 46,187.04 3,195.88 42,991.16 312,106.81 312,106.81 <br />08/09/10 46,187.04 .2,808.96 43,378.08 268,728.74 268,728.74 <br />11/09/10 46,187.04 2,418.56 43,768.48 224,960.26 224,960.26 <br />02/09/11 46,187.04 2,024.64 44,162.39 180,797.86 180,797.86 <br />OS/U9l11 46,187.04 1,627.18 44,559.86 136,238.01 136,238.01 <br />08/09/11 46,187.04 1,226.14 44,960.90 91,277.11 91,277.11 <br />11/09/11 46,187.04 821.49 45,365.54 45,911.57 45,911.57 <br />01/09/12 46,187.04 275.47 45,911.57 0.00 0.00 <br /> <br />TOTAL 923,740.76 81,702.76 842,038.00 <br />Prepayment Premium for purposes of Section 4.01(b) is 0%. <br />For purposes of this Agreement, "Taxable Rate," with respect to the interest component <br />of Installment Payments, means an annual rate of interest equal to 5.6160%. <br />#765698v2 (BAPCC/N Carolina Installment Purch Agmt) C-1 <br />