|
EXHIBIT C -1
<br />SCHEDULE OF LEASE PAYMENTS
<br />(payable to TPB Investments, Inc.)
<br />Lease
<br />Total
<br />Payment
<br />Principal
<br />Interest
<br />Lease
<br />Date
<br />Component
<br />Component
<br />Payment
<br />1/1/15
<br />—
<br />$ 391,575.56
<br />$ 391,575.56
<br />7/1/15
<br />$1,870,000
<br />365,200.00
<br />2,235,200.00
<br />1/1/16
<br />—
<br />334,158.00
<br />334,158.00
<br />7/1/16
<br />1,955,000
<br />334,158.00
<br />2,289,158.00
<br />1/1/17
<br />—
<br />301,705.00
<br />301,705.00
<br />7/1/17
<br />2,020,000
<br />301,705.00
<br />2,321,705.00
<br />1/1/18
<br />—
<br />268,173.00
<br />268,173.00
<br />7/1/18
<br />2,085,000
<br />268,173.00
<br />2,353,173.00
<br />1/1/19
<br />—
<br />233,562.00
<br />233,562.00
<br />7/1/19
<br />2,155,000
<br />233,562.00
<br />2,388,562.00
<br />1/1/20
<br />—
<br />197,789.00
<br />197,789.00
<br />7/1/20
<br />2,230,000
<br />197,789.00
<br />2,427,789.00
<br />1/1/21
<br />—
<br />160,771.00
<br />160,771.00
<br />7/1/21
<br />2,305,000
<br />160,771.00
<br />2,465,771.00
<br />1/1/22
<br />—
<br />122,508.00
<br />122,508.00
<br />7/1/22
<br />2,380,000
<br />122,508.00
<br />2,502,508.00
<br />1/1/23
<br />—
<br />83,000.00
<br />83,000.00
<br />7/1/23
<br />2,460,000
<br />83,000.00
<br />2,543,000.00
<br />1/1/24
<br />—
<br />42,164.00
<br />42,164.00
<br />7/1/24
<br />2,540,000
<br />42,164.00
<br />2,582,164.00
<br />TOTAL
<br />$22,000,000
<br />$4,244,435.56
<br />$26,244,435.56
<br />(1) Applicable interest rate is 3.32% per annum.
<br />Exhibit C -1
<br />
|