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jProperty Description and Payment Schedule
<br />Re: Property Schedule No. 1 to Master Tax -Exempt Lease/Purchase Agreement between U.S. Bank Equipment
<br />Finance, a division of U.S. Bank National Association and City of San Marcos.
<br />THE PROPERTY IS AS FOLLOWS: The Property as more fully described in Exhibit A incorporated herein by reference
<br />and attached hereto. It includes all replacements, parts, repairs, additions, accessions and accessories incorporated
<br />therein or affixed or attached thereto and any and all proceeds of the foregoing, including, without limitation, insurance
<br />recoveries.
<br />PROPERTY LOCATION:
<br />630 East Hopkins Street
<br />Address
<br />San Marcos, TX 78666
<br />City, State Zip Code
<br />USE: Dump Truck - This use is essential to the proper, efficient and economic functioning of Lessee or to the services
<br />that Lessee provides; and Lessee has immediate need for and expects to make immediate use of substantially all of the
<br />Property, which need is not temporary or expected to diminish in the foreseeable future.
<br />Lease Payment Schedule
<br />Total Principal Amount: $127,451.00
<br />Payment No.
<br />Due Date
<br />Lease
<br />payment
<br />Principal
<br />Portion
<br />Interest
<br />Portion
<br />Termination
<br />Amount
<br />(After Making
<br />Payment for said
<br />Due Date
<br />1
<br />7 -Dec -2017
<br />9,955.31
<br />8,451.07
<br />1,504.24
<br />NA
<br />2
<br />7 -Jun -2018
<br />9,955.31
<br />8,502.13
<br />1,453.18
<br />NA
<br />3
<br />7 -Dec -2018
<br />9,955.31
<br />8,605.95
<br />1,349.36
<br />104,948.61
<br />4
<br />7 -Jun -2019
<br />9,955.31
<br />8,711.04
<br />1,244.27
<br />95,976.24
<br />5
<br />7 -Dec -2019
<br />9,955.31
<br />8,817.42
<br />1,137.89
<br />86,894.29
<br />6
<br />7 -Jun -2020
<br />9,955.31
<br />8,925.10
<br />1,030.21
<br />77,701.44
<br />7
<br />7 -Dec -2020
<br />9,955.31
<br />9,034.09
<br />921.22
<br />68,396.34
<br />8
<br />7 -Jun -2021
<br />9,955.31
<br />9,144.41
<br />810.90
<br />58,977.60
<br />9
<br />7 -Dec -2021
<br />9,955.31
<br />9,256.08
<br />699.23
<br />49,443.84
<br />10
<br />7 -Jun -2022
<br />9,955.31
<br />9,369.11
<br />586.20
<br />39,793.66
<br />11
<br />7 -Dec -2022
<br />9,955.31
<br />9,483.52
<br />471.79
<br />30,025.63
<br />12
<br />7 -Jun -2023
<br />9,955.31
<br />9,599.33
<br />355.98
<br />20,138.32
<br />13
<br />7 -Dec -2023
<br />9,955.31
<br />9,716.55
<br />238.76
<br />10,130.27
<br />14
<br />7 -Jun -2024
<br />9,955.31
<br />9,835.20
<br />120.11
<br />0.00
<br />TOTAL
<br />139 374.34
<br />127 451.00
<br />11 923.34
<br />(Signature page to follow)
<br />
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