PROPOSED AMORTIZATION SCHEDULE - MEDICAL EQUIPMENT

Proposed Amount 30,000,000.00

Interest 6.00% subject to quarterly re-pricing (ASSUMED RATE)
Term 15 years
Mode of Payment
Principal In 36 equal quarterly amortization to start at the end of the 5th quarter from initial release o

loan with a maximum of 1 year grace period on principal payment

Interest Quarterly in arrears to start at the end of the 9th quarter from date of initial release

Year Interest Principal Total

Year 1
Quarter 1 453,698.63 grace period 453,698.63
Quarter 2 448,767.12 grace period 448,767.12
Quarter 3 448,767.12 grace period 448,767.12
Quarter 4 448,767.12 grace period 448,767.12
Sub-Total 1,800,000.00 1,800,000.00

Year 2
Quarter 1 448,767.12 833,333.33 1,282,100.46
Quarter 2 441,095.89 833,333.33 1,274,429.22
Quarter 3 428,493.15 833,333.33 1,261,826.48
Quarter 4 411,369.86 833,333.33 1,244,703.20
Sub-Total 1,729,726.03 3,333,333.33 5,063,059.36

Year 3
Quarter 1 394,520.55 833,333.33 1,227,853.88
Quarter 2 398,904.11 833,333.33 1,232,237.44
Quarter 3 378,082.19 833,333.33 1,211,415.53
Quarter 4 365,479.45 833,333.33 1,198,812.79
Sub-Total 1,536,986.30 3,333,333.33 4,870,319.63

Year 4
Quarter 1 345,205.48 833,333.33 1,178,538.81
Quarter 2 336,575.34 833,333.33 1,169,908.68
Quarter 3 327,671.23 833,333.33 1,161,004.57
Quarter 4 315,068.49 833,333.33 1,148,401.83
Sub-Total 1,324,520.55 3,333,333.33 4,657,853.88

Year 5
Quarter 1 295,890.41 833,333.33 1,129,223.74
Quarter 2 286,712.33 833,333.33 1,120,045.66
Quarter 3 277,260.27 833,333.33 1,110,593.61
Quarter 4 264,657.53 833,333.33 1,097,990.87
Sub-Total 1,124,520.55 3,333,333.33 4,457,853.88

Year 6
Quarter 1 246,575.34 833,333.33 1,079,908.68
Quarter 2 236,849.32 833,333.33 1,070,182.65
Quarter 3 226,849.32 833,333.33 1,060,182.65
Quarter 4 214,246.58 833,333.33 1,047,579.91
Sub-Total 924,520.55 3,333,333.33 4,257,853.88

Year 7
Quarter 1 197,260.27 833,333.33 1,030,593.61
Quarter 2 186,986.30 833,333.33 1,020,319.63
Quarter 3 176,438.36 833,333.33 1,009,771.69
Quarter 4 163,835.62 833,333.33 997,168.95
Sub-Total 724,520.55 3,333,333.33 4,057,853.88

Year 8
Quarter 1 147,945.21 833,333.33 981,278.54
Quarter 2 137,123.29 833,333.33 970,456.62
Quarter 3 126,027.40 833,333.33 959,360.73
Quarter 4 113,424.66 833,333.33 946,757.99
Sub-Total 524,520.55 3,333,333.33 3,857,853.88

Year 9
Quarter 1 98,630.14 833,333.33 931,963.47
Quarter 2 87,260.27 833,333.33 920,593.61
Quarter 3 75,616.44 833,333.33 908,949.77
Quarter 4 63,013.70 833,333.33 896,347.03
Sub-Total 324,520.55 3,333,333.33 3,657,853.88

Year 10
Quarter 1 49,315.07 833,333.33 882,648.40
Quarter 2 37,397.26 833,333.33 870,730.59
Quarter 3 25,205.48 833,333.33 858,538.81
Quarter 4 12,602.74 833,333.33 845,936.07
Sub-Total 124,520.55 3,333,333.33 3,457,853.88

GRAND TOTAL 10,138,356.16 30,000,000.00 40,138,356.16

5th quarter from initial release of

ent

date of initial release

O/S Balance
30,000,000.00
30,000,000.00
30,000,000.00
30,000,000.00
30,000,000.00

29,166,666.67
28,333,333.33
27,500,000.00
26,666,666.67

25,833,333.33
25,000,000.00
24,166,666.67
23,333,333.33

22,500,000.00
21,666,666.67
20,833,333.33
20,000,000.00

19,166,666.67
18,333,333.33
17,500,000.00
16,666,666.67

15,833,333.33
15,000,000.00
14,166,666.67
13,333,333.33

12,500,000.00
11,666,666.67
10,833,333.33
10,000,000.00

9,166,666.67
8,333,333.33
7,500,000.00
6,666,666.67

5,833,333.33
5,000,000.00
4,166,666.67
3,333,333.33

2,500,000.00
1,666,666.67
833,333.33
0.00