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- SUBJECT TO AND MADE A PART OF THAT CERTAIN PROPOSAL DATED March 13, 2007 -
<br />Client: Orange County, North Carolina
<br />Lessor: SunTrust Leasing Corporation
<br />Term: 20 Years
<br />Semi-annual Payments in Arrears
<br />Interest Rate 4.14%
<br /> Principal
<br />Period Date Payment Principal Interest Balance
<br />0 20-Jun-07 - 50,057,000.00 - 50,057,000.00
<br />1 1-Jan-08 1,278,122.35 - 1,278,122.35 50,057,000.00
<br />2 1-Jul-08 3,535,000.00 2,502,850.00 1,032,150.00 47,554,150.00
<br />3 1-Jan-09 983,250.00 - 983,250.00 47,554,150.00
<br />4 1-Jul-09 3,483,250.00 2,502,850.00 980,400.00 45,051,300.00
<br />5 1-Jan-10 931,500.00 - 931,500.00 45,051,300.00
<br />6 1-Jul-10 3,431,500.00 2,502,850.00 928,650.00 42,548,450.00
<br />7 1-Jan-11 879,750.00 - 879,750.00 42,548,450.00
<br />8 1-Jul-11 3,379,750.00 2,502,850.00 876,900.00 40,045,600.00
<br />9 1-Jan-12 828,000.00 - 828,000.00 40,045,600.00
<br />10 1-Jul-12 3,328,000.00 2,502,850.00 825,150.00 37,542,750.00
<br />11 1-Jan-13 776,250.00 - 776,250.00 37,542,750.00
<br />12 1-Jul-13 3,276,250.00 2,502,850.00 773,400.00 35,039,900.00
<br />13 1-Jan-14 724,500.00 - 724,500.00 35,039,900.00
<br />14 1-Jul-14 3,224,500.00 2,502,850.00 721,650.00 32,537,050.00
<br />15 1-Jan-15 672,750.00 - 672,750.00 32,537,050.00
<br />16 1-Jul-15 3,172,750.00 2,502,850.00 669,900.00 30,034,200.00
<br />17 1-Jan-16 621,000.00 - 621,000.00 30,034,200.00
<br />18 1-Jul-16 3,121,000.00 2,502,850.00 618,150.00 27,531,350.00
<br />19 1-Jan-17 569,250.00 - 569,250.00 27,531,350.00
<br />20 1-Jul-17 3,069,250.00 2,502,850.00 566,400.00 25,028,500.00
<br />21 1-Jan-18 517,500.00 - 517,500.00 25,028,500.00
<br />22 1-Jul-18 3,017,500.00 2,502,850.00 514,650.00 22,525,650.00
<br />23 1-Jan-19 465,750.00 - 465,750.00 22,525,650.00
<br />24 1-Jul-19 2,965,750.00 2,502,850.00 462,900.00 20,022,800.00
<br />25 1-Jan-20 414,000.00 - 414,000.00 20,022,800.00
<br />26 1-Jul-20 2,914,000.00 2,502,850.00 411,150.00 17,519,950.00
<br />27 1-Jan-21 362,250.00 - 362,250.00 17,519,950.00
<br />28 1-Jul-21 2,862,250.00 2,502,850.00 359,400.00 15,017,100.00
<br />29 1-Jan-22 310,500.00 - 310,500.00 15,017,100.00
<br />30 1-Jul-22 2,810,500.00 2,502,850.00 307,650.00 12,514,250.00
<br />31 1-Jan-23 258,750.00 - 258,750.00 12,514,250.00
<br />32 1-Jul-23 2,758,750.00 2,502,850.00 255,900.00 10,011,400.00
<br />33 1-Jan-24 207,000.00 - 207,000.00 10,011,400.00
<br />34 1-Jul-24 2,707,000.00 2,502,850.00 204,150.00 7,508,550.00
<br />35 _ 1-Jan-25 155,250.00 - 155,250.00 7,508,550.00
<br />36 1-Jul-25 2,655,250.00 2,502,850.00 152,400.00 5,005,700.00
<br />37 1-Jan-26 103,500.00 103,500.00 5,005,700.00
<br />38 1-Jul-26 2,603,500.00 2,502,850.00 100,650.00 2,502,850.00
<br />39 1-Jan-27 51,750.00 51,750.00 2,502,850.00
<br />40 20-Jun-27 2,548,205.48 2,502,850.00 45,355.48 -
<br /> Grand Total 71,974,577.83 50,057,000.00 21,917,577.83
<br />~C~
<br />-SUBJECT TO AND MADE A PART OF THAT CERTAIN PROPOSAL DATED March 13, 2007 -
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