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4 <br /> EXHIBIT 1 <br /> Property Description and Payment Schedule <br /> Re: Property Schedule No. 1 to Master Tax-Exempt Lease/Purchase Agreement between American <br /> Capital Financial Services, Inc. and Orange County Board of Education. <br /> THE PROPERTY IS AS FOLLOWS: The Property as more fully described in Exhibit A incorporated herein by <br /> reference and attached hereto. It includes all replacements, parts, repairs, additions, accessions and <br /> accessories incorporated therein or affixed or attached thereto and any and all proceeds of the foregoing, <br /> including, without limitation, insurance recoveries. <br /> PROPERTY LOCATION: <br /> Address <br /> City,State Zip Code <br /> USE: Technology - This use is essential to the proper, efficient and economic functioning of Lessee or to the <br /> services that Lessee provides; and Lessee has immediate need for and expects to make immediate use of <br /> substantially all of the Property, which need is not temporary or expected to diminish in the foreseeable future. <br /> Lease Payment <br /> Schedule <br /> Total Principal Amount: $3,147,612.90 <br /> Termination <br /> Payment Lease Principal Interest Amount <br /> No. Due Date Payment Portion Portion (After Making <br /> Payment for said <br /> Due Date <br /> 1 1-Jun-2024 848,595.87 848,595.87 0.00 NA <br /> 2 1-Jun-2025 848,595.87 727,287.92 121,307.95 NA <br /> 3 1-Jun-2026 848,596.87 765,664.36 82,932.51 830,246.69 <br /> 4 1-Jun-2027 848,596.87 806,064.75 42,532.12 0.00 <br /> TOTALS 3,394,385.48 3,147,612.90 246,772.58 <br /> Interest Rate: 5.277% <br /> EXHIBITA <br /> Property Description <br /> Six Thousand Eight Hundred (6,800) LVO 300E MT8186 Chrome MC00019341 with Cell Tech Service <br /> Thirteen Thousand Six Hundred (13,600) Mightyskins protective vinyl film adhesive <br />