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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 8481596487 765 , 664836 821932451 830 , 246069 <br /> 4 1 -Jun -2027 848 , 596 . 87 806 , 064 . 75 42 , 532 . 12 0 . 00 <br /> TOTALS 31394$ 385 .48 3 , 147 , 612 . 90 246 , 772 . 58 <br /> Interest Rate : 5 . 277 % <br /> EXHIBIT <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 />