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<br />Section III. Agreement to Make Payments. The College hereby agrees to make installment
<br />purchase payments as the purchase price and basic rent due under the Original Lease Purchase Agreement
<br />in the following amounts, which amounts are adjusted as required for the payment of the 2014 Bonds:
<br />Payment Date
<br />2013 Payments 2014 Payments Total Due
<br />August 15 2014 91 200.00 10 338.12 a 101 538.12
<br />February 5 2015
<br />t ....................-..._ .............._arY............. � ....._................ ........................_ 200 00 ....... .._._..!....................... 140, 491 25 _ ......-- __ 421,....................... .............................:.
<br />I August 15, 2015 90,820.00 25,347.50 116,167.50
<br />February 15 2016 290
<br />.... ..... , .............. ............_...--- ........... 8 ... ................ � ...... 130, 347.50................. ...__................... 421,167 50
<br />August - 2016 ............._.. 90,270.00 ..._..._._.- ..._ ,137 . 50 .........._.......... x . __. _ 115,407.50
<br />February .........._ ......................._ ary 15 z 2017 450 ..__ .............................. _......... 200, 650,407.50
<br />A u st 15 201
<br />7 89 010.00 24 525.00 1
<br />February 9
<br />.....................____._..._ 15 � ................. .... .......... 2018 ......._.__..__. 010.00 I ................199,525.00 1 .............. ... - ....
<br />August 15 2018 87,300.00 ( 23,650.00 { 110,950.00
<br />February 15, 2019 447,300.00 I 198,650.00 64595000
<br />August 15 2019 85 140.00 22,512.50 107,652.50
<br />1 . .............. 2020 445, 140 . 00 .........__ j................ ....._ � ._. 647,652.50
<br />August 15, 2020 ................ ....._..........._ ._. _._ 21, 072 . 50 ..................... .............. .._
<br />Febuary 15, __ 462,620.00 201,072.50 1 663,692.50
<br />August ust 15, 2021 79,485 00 19,362 50 ........ _- _......_....._ ..__...__._
<br />February 15 2022 459 485.00 199 362.50 I 658 847.50
<br />August 15, 2022 ........................ ........._ ._........................ . I ._. ......................
<br />.............. ...............................
<br />February 15, 2023 460 970.00 207, 472.50 ! 668,442.50_..._...__
<br />.._....._August 15, 2023_ _ ...._..- .....: ,023 . 75 ....._............1 .... ...............__...._ ._......_..........__....__._. 87,35835 .._..........
<br />February 15, 2024 .........................._ 467, 023. 75.........._...... ....f....................._215, 335.00....._..__.. _............_.._.._682,358.75
<br />Au st 15 2024 67,777 50 12,935 00 80,712
<br />February 15, 2025 ................ - 507,777 ..................__ _ _ 182 ,935_00......................1 ...................._690,712.50
<br />August 15, 2025_ 62, 827.50 ............. ........._.._.......... _............... -Y.- ... _...._.
<br />FebruaDr 15, 2026 507,827.50 180,725.00 j 688,552.50
<br />August 15, 2026 .... ..........................._ 598 75 ......... -- a ... .............................._ 8,175.00 ..................__. 65,773.75
<br />............_. February 15, 2027 . 51 . 2,598.75 ':. 188,175.00 . 700 773.75
<br />..........._. August ... 2027 ............ - . 5, 475 . 00 ......._ .............. .._...._.. .._ - .-
<br />February 15, 2028 516,911.25 185,475.00 702,386.25
<br />August 15 M8 28 ...... ............................ 750 00 .........__ �.... ............................. 775 00 ............... ...... ....................... 48,525 . 00 ..._........__....
<br />February 15, 2029 525,750.00 187,775.00 713,525.00
<br />i ...._ ............. _ August .. - 15, 2029 ._ 39,150.00 ._................... .... .................__....... _ __._.._.... .........._._. 39,150 . 00 ._...................
<br />February 15, 2030 534,150.00 534,150.00
<br />August 15, 2030 ............_ ....................... � ................... � ...................... ............ � ........ .._.........................._. E 31,725.00
<br />February 15, 2031 536
<br />725.00
<br />August 15 , 2031 - - ......_............- 24,150 .._ .................-................ ........-- .........__....._._._ 24,150.00
<br />- Febru 15, 2032 . .............................................................. .........................._..._ _............. ...._ -. _
<br />Au st 15, 2032 16 350.00 16 350.00
<br />February 15, 2033 556,350.00 — _._._._ . - _......._. - 556 ,350.00
<br />August 15, 2033 _ 8,250.00 ....__............ ' . . 8,250.00 ...................._
<br />[......... -.
<br />February 15, 2034 ........................... 250 . 00 ......._ ....-................._._...._...__................................ ................- ....'....:.... ..........._
<br />All such payments (the "Payments ") shall be made without abatement or set -off and without regard to
<br />whether the Project has been completed and occupied. The College shall have the right to make
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