HomeMy WebLinkAbout9771101. PARTIES.
2. PREMISES.
LEASE WITH OPTION TO PURCHASE
THIS LEASE AND OPTION TO PURCHASE (the "Lease is made this 29 day of April, 2014 (the
"Execution Date by and between Michael Johnson "Landlord and Kolton and Jean Suter
"Tenant
Landlord does hereby lease and grant an option to purchase to Tenant, and Tenant does hereby
lease from Landlord, for the term and subject to the covenants and conditions hereinafter set forth,
to all of which Landlord and Tenant agree, those certain premises commonly referred to 237 Rayco
Drive, Thayne, Wyoming and more particularly described as Lot 4 of Rayco Ranch Estates
Subdivision, Lincoln County, Wyoming, as described on the official plat thereof filed on September 7,
1995 as Plat No. 366 and as Instrument No. 807879 in the records of the Lincoln County Clerk (the
"Premises
3. OPTION TO PURCHASE.
For good and valuable consideration, including without limitation the Option Payments, the
sufficiency of which is hereby acknowledged, Landlord grants to Tenant the option to purchase the
Premises on the following terms and conditions:
(a) On or before expiration of the Lease Term and only so long as this Lease is in full force and
effect and there are no outstanding and uncured defaults by Tenant, Tenant may exercise the
option by notifying the Landlord in writing of such exercise and its desire to proceed to
closing (the "Notice to Proceed The closing of the purchase of the Premises shall occur at
the offices of Northern Title in Thayne, Wyoming on a date as set forth in the Notice to
Proceed but in no case may such closing occur after April 30, 2019. If Tenant delivers notice
to Landlord that it does not desire to exercise the option, or if Tenant fails to timely deli8ver
the Notice to Proceed, it shall be deemed Tenant has elected not to exercise the option and
the option shall terminate and each party shall be relieved of any further rights or
obligations regarding said option. Notwithstanding the foregoing, if the option is terminated
prior to the expiration of the Lease Term, the Lease will remain in effect including the
monthly payment in the amount of $1215.00 per month for the remainder of the term.
Landlord shall then have the right to relist the property for sale and show said property with
24 hour notice to Tenant.
(b) The purchase price for the Premises shall be (the "Purchase Price $230,000.00 (Two
Hundred Thirty Thousand Dollars) payable at closing in collected funds. The title company
shall allocate normal closing costs and expenses between the parties as is customary in
Lincoln County. Upon written Notice to Proceed from Tenant, all Option Payments and
Monthly Rent payments shall be applied toward the Purchase Price as provided herein.
977110 6/20/2014 1:10 PM
LINCOLN COUNTY FEES: $81.00 PAGE 1 OF 24
BOOK: 834 PAGE: 455 LEASE
JEANNE WAGNER LINCOLN COUNTY CLERK
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(c) Landlord agrees there will be no significant material change createdby Landlord which
change causes a substantial diminution of value of the Premises.
(d) In the event the closing fails to occur as provided in Notice to Proceed, without the fault of
Landlord, the option to purchase the Premises hereunder shall terminate forever and
Landlord shall retain the Option Payments as well as any monthly rent payments.
(e) The Purchase Price shall include all items currently on the Premises and no warranties are
provided with conveyed personal property: (personal property in its "as is, where is"
condition shall be transferred at time of closing)
4. TERM.
Refrigerator
Stove
Microwave
(f) Landlord shall timely pay all mortgage payments, real estate taxes and assessments, and
shall provide Tenant with proof of all such payments. A copy, fax or scanned and e- mailed
copy of the confirmation of payment shall be sufficient proof.
The term of the Lease /Option shall be for a term of sixty (60) months, commencing on the May 1,
2014 and terminating on April 30, 2019, unless sooner terminated or extended under the provisions
of the Lease.
Should Tenant wish to terminate lease prior to April 30, 2019, in favor of purchasing the premises or
due to Tenants declining to exercise option for any reason, Tenant shall notify Landlord in writing
within 60 days prior and this lease shall be considered terminated along with all terms and
conditions applied herein.
5. DELIVERY OF POSSESSION.
Landlord shall deliver possession of the Premises to Tenant on the Occupancy Date, except as
otherwise provided below, and Tenant shall accept the same, in its "AS IS, WHERE IS" condition
without warranty express or implied and further without limitation and all other deficiencies
whether or not the same are discovered in Tenant's inspections. Tenant agrees that Landlord has no
obligation and has made no promise to alter, remodel, improve or repair the Premises or any part
thereof or to repair, bring into compliance with applicable laws, or improve any condition existing in
the Premises as of the Occupancy Date. Tenant agrees that neither Landlord nor any of Landlord's
employees or agents has bade any representation or warranty as to the present or future suitability
of the Premises.
6. INSPECTIONS BY TENANT.
Tenant may obtain, at no expense to the Landlord, electrical, mechanical, structural, air quality (such
as mold), environmental (such as radon or lead -based paint), and /or other inspections of the
Premises by qualified professional inspectors and /or engineers, and shall pay for any damage to
Landlord's property caused by such inspectors and /or engineers. Tenant, or designee, shall have the
right to make any inspections of the physical condition of the Premises at reasonable times, upon at
least 24 hours advance notice to Landlord. Unless Landlord receives Tenant's written notice on or
before 4 :00 p.m. MST, May 31, 2014 (the "Objection Deadline of any defect(s) identified by
inspectors or engineers that Tenant is requesting to be repaired, the physical condition of the
Premises shall be deemed to be satisfactory to Tenant.
If the Tenant notifies Landlord of any defects, the parties shall have the right to negotiate a
settlement within 3 days of Tenant's notice regarding the repairs to be made and the party or
parties responsible for the payment of the cost of such repairs. ,If the parties are unable to agree
upon the payment of costs for all noticed repairs, Tenant, at Tenant's sole discretion, may terminate
this Lease upon written notice to Landlord or Landlord's Agent, on or before the expiration of such
three day period. If timely notice is not given to Landlord or Landlord's Agent, it shall be concluded
by the parties that the contingency has been waived and released by the Tenant. In the event of
termination as provided herein, neither party shall have any further rights or obligations hereunder.
7. RENT /MONTHLY PAYMENTS.
Tenant and Landlord agree that rent shall be paid monthly in the amount of $1215.00 (Twelve
Hundred Fifteen Dollars). It is further stated that each month's rent shall be applied to the purchase
as per the following terms upon Tenant's exercise of option to purchase:
(a) All rent payments made to Landlord shall be applied to the purchase of the home based on 5%
interest to the Landlord on a 30 year amortization. Any financing obtained by Buyer for the
purpose of closing on this transaction shall be obtained for the principal balance according to
the date and amortization schedule attached to this contract as Exhibit B. These monthy
payments are non refundable and shall remain the ownership of the Landlord with no exception
given to default by either party of this agreement.
(b) During the term of the lease, Tenant shall pay Landlord, above and beyond the monthly rent
payment,.$100.00 (One Hundred Dollars) amonth which shall be applied toward the monthly
payment of escrowed property taxes for the subject property. These payments are non-
refundable and shall remain the ownership of the Landlord with no exception given to default
by either party of the agreement.
Rent and monthly payments shall be due the 1st day of every month in the form of cash or check
delivered via mail to Michael Johnson, 2202 Big Trail Circle, Reno, NV 89521. Should payment not
be received. by Landlord by close of business on the 10 day of the month, Landlord shall have the
right to charge Tenant a $50 late fee above and beyond the normal rent. Should Tenant fail to pay
rent for more than 60 days, Landlord may choose at that time to terminate this lease in its entirety
and take action to recover possession of the property according to Wyoming State law. Default on
this lease will also constitute termination of the purchase option unless other terms are agreed to,
in writing, by both parties. Any monthly payments or monies received at the time of default will be
non refundable and shall remain the ownership of the Seller /Landlord with no exception given to
default by either party.
8. OPTION PAYMENTS.
9. CONSTRUCTION OF TENANT IMPROVEMENTS.
10. USE OF PREMISES.
11. PARKING.
12. UTILITIES.
A security deposit is being held in the amount of $1000 for the occupancy of this premises and shall
be treated as a normal lease security deposit should buyers default on this lease. Should buyers
complete the lease and exercise the right to purchase according to the terms set herein, at tenant's
sole discretion, the deposit shall either be returned to the tenant upon closing or shall be applied to
the purchase price of the Premises. An inspection of the premises shall be done prior to the May 31,
2014 to determine condition of said premises and all fixtures therein. Prior to the Tenant's vacancy
of said premises (if any), Landlord shall be allowed to do a final inspection of the property to
determine if any damage outside of normal wear and tear has occurred and Tenant shall be deemed
liable for the cost of such repairs, should there be any.
As consideration for the option granted herein, Tenant has paid Landlord a sum of Four Thousand
Fifty Dollars ($4,050.00). Upon Tenant's written Notice to Proceed, Option Payment shall be applied
toward the Purchase Price of the Premises. In the event Tenant does not exercise its option to
purchase prior to April 30, 2019 or if Tenant otherwise fails to close after the exercise of the option,
the option shall be deemed terminated and the Landlord shall retain all monthly payments as well
as the option payment.
The Tenant shall have the right to improve and decorate the Leased Premises: provided, however,
that no such improvement or decoration shall be made without first submitting the plans and
specifications thereof and receiving the prior written approval of the Landlord. Tenant agrees not to
damage or deface the building in any manner. All improvements to the building are to be left intact
to walls, ceilings, and floors, upon vacating premises, unless directed otherwise by Landlord.
Leased Premises shall be used and occupied by Tenant in a careful, safe and proper manner and
Tenant shall pay on demand for any damage to the Leased Premises caused by the misuse of same
by it, its agents, employees, licensees and invitees. Tenant shall use the Leased Premises only for
purposes not prohibited by the laws, regulations, covenants and 'ordinances of the United States and
the State of Wyoming, Teton. County. Tenant shall not use or keep any substance or material in or
about the Leased Premises which may vitiate or endanger the validity of the insurance on the
Leased Premises or increase the hazards of risk.
Tenant will have unlimited use of the garage and driveway for parking.. Tenant will at no time use
the outdoor driveway parking spaces for storage or in any way which violates the Conditions,
Covenants and Restrictions of the Rayco subdivision or Lincoln County.
a.) Electricity: Separate meter.
The Leased Premises has its own meter for electricity. The account for the electricity shall
remain in the name of the Tenant during the term of this lease. The Tenant shall pay for all
electricity for the premises.
b) Phone and Cable /Satellite: Tenant shall pay for any and all telephone, cable or satellite
services acquired and used on the premises during the term of this lease. Any services of this
nature shall be in the name of the Tenant.
c) Trash: Tenant shall be responsible for any trash removal from the premises.
d) Snow Removal: Tenant shall be responsible for payment of HOA snow removal each
year as invoiced to the Landlord. Tenant is also responsible for any snow removal of driveway,
decks and walkways on the premises.
13. PROPERTY TAXES.
During the term of the lease, Landlord shall timely pay all real estate taxes and assessments as part
of the monthly mortgage payments to lender.
14. REPAIR AND MAINTENANCE.
The Leased Premises shall be delivered in good repair and working order to Tenant. Tenant shall
immediately and fully repair and maintain the Leased Premises (including, without limitations, all
electrical, plumbing and mechanical systems) to ensure that such premises remain in as good order
and repair as they were at the date of the commencement of the Lease, reasonable wear and tear
excepted. Tenant shall be responsible for arranging for any such repairs. Any holes shall be patched
and painted so as to be unnoticeable. Tenant shall be responsible for any damages resulting from
activities engaged in by Tenant on the Leased Premises. Tenant shall not knowingly commit or
willingly permit to be committed any act or thing contrary to the rules and regulations of any
federal, state, municipal or quasi governmental authority.
15. ALTERATIONS.
Landlord shall have the right at any time to enter Leased Premises to make such additions, repairs or
alterations as it may deem necessary or proper for the safety, improvement or preservation of the
Leased Premises. Tenant shall make no alterations or additions to the Leased Premises without first
obtaining written consent of the Landlord.
16. INSURANCE.
The Tenant will provide and keep in force a rental insurance policy protecting against any and all
liability occasioned by accident, property damage or disaster. The Tenant shall deposit with the
Landlord certificates of all such insurance policies obtained at or prior to the commencement of the
term of this Lease, and copies of all insurance policies obtained at any time thereafter during the
term of this Lease. All such policies, including said policies referred to immediately below, shall
provide that the same may not be cancelled without prior notice to the Landlord.
The Landlord shall maintain homeowner's insurance for the structure of the leased property for the
entire term of this lease.
17. ASSIGNMENT, SUBLEASE OR MORTGAGE BY TENANT.
Tenant shall not assign, transfer possession, or create a security interest in, pledge or encumber this
Lease or the Leased Premises, in whole or in part, or sublet the whole or permit the use of the whole
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or any part thereof by any sub tenant, licensee or concessionaire, unless Tenant first obtains
Landlord's written consent. Such consent may be granted or withheld by Landlord in its absolute
discretion. In the event of any such assignment, subletting, licensing or granting of a concession.
Tenant shall never the -less remain liable for the performance of all the terms, conditions and
covenants of this Lease.
18. TENANTS COVENANTS.
Tenant covenants and agrees that it shall:
a.) Comply with all laws, orders, regulations, rules, ordinances and covenants of any state or
federal statute or local ordinance or regulation applicable to Tenant and /or its use of the Leased
Premises.
b.) Give to Landlord prompt written notice of any accident, fire or damage occurring on or to
the Leased Premises.
c.) Keep the Leased Premises orderly, clean, sanitary, and free from objectionable odors,
insects, vermin, pets, pests or nuisances.
d.) Do all things reasonably possible to prevent filing of any mechanic's or other liens against
the Leased Premises or any part thereof by reason of work, labor, services or materials
furnished or claimed to have been furnished to Tenant, or anyone holding the Leased Premises
or any part thereof, through or under Tenant. If any such lien shall be filed against the Leased
Premises, Tenant shall either cause the same to be discharged of record within twenty (20) days
after the date of the filing of same, or if the Tenant, in Tenant's discretion and in good faith,
determines the lien should be contested, Tenant shall furnish such security as may be necessary
or required to prevent any foreclosure against Tenant's or Landlord's interest in the Leased
Premises. If Tenant shall fail to .discharge such lien within such period, or fail to furnish
adequate security, then in addition to any other right of remedy of Landlord, Landlord may but
shall not be obligated to discharge the lien either by paying the amount claimed to be due or by
procuring the discharge of such lien by obtaining security or in any other manner available to
Landlord. Nothing herein contained shall imply any consent or agreement on the part of
Landlord to subject Landlord's interest in the Leased Premises to liability under any mechanics'
or other lien law.
e.) Repay Landlord, as additional rent, on demand, all sums disbursed or deposited by Landlord
pursuant to the provisions of this section, including Landlord's costs, expenses and reasonable
attorney's fees incurred by Landlord in connection therewith.
f.) Permit no one other than employees, agents, servants and invitees to remain in or loiter
upon the Leased Premises.
g.) Keep and maintain an approved fire extinguisher on the Leased Premises at all times.
19. LANDLORDS COVENANTS.
The Landlord covenants as follows:
a) The Landlord covenants that the Tenant, upon performing the covenants upon its part to be
performed herein, shall peacefully and quietly have, hold and enjoy the Leased Premises during
the term hereof.
b) To permit no one other than tenants, employees, agents, servants and invitees to remain in
or loiter upon the Leased Premises.
c) Landlord shall not assign, transfer possession, title or create any subsequent security interests
in, pledge or encumber this Lease or the Leased Premises, in whole or in part, from the date of
this option /lease agreement and for the term of this lease /option agreement.
19. DAMAGE OR DESTRUCTION OF PREMISES.
If the Leased Premises shall be damaged by fire, the elements, unavoidable accident or other
causality, without the fault or negligence of Tenants, or Tenant's servants, employees, agents,
visitors, licensees, invitees or subtenants, and the Leased Premises are not thereby rendered
untenable in whole or in part, Landlord shall, at its expense, cause any such Structural damage to be
repaired, (Not including Tenant Improvements). If, by reason of such occurrence, the Leased
Premises shall be rendered wholly untenable, Landlord shall cause such Structural damage (Not
including Tenant Improvements) to be repaired. There shall be no extension of the term of this
Lease. Notwithstanding the foregoing provisions, if the Leased Premises shall be rendered wholly
untenable by reason of such occurrence and the Leased Premises cannot be repaired within three
(3) months from the date such damage occurs, Landlord or Tenant shall, at their option, have the
right to declare the balance of the term of this lease to be null and void.
If any such damage or destruction occurring to the Leased Premises, whether partial or complete,
shall occur at the result of the fault or any negligence of Tenant or Tenant's servants, employees,
agents, invitees, Tenant shall be deemed liable and responsible for the cost of repairs and shall
immediately cause repairs to be completed.
20. DEFAULT BY TENANT.
The Tenant agrees to observe and perform the conditions and covenants set forth in this Lease, and
further agrees that if Tenant shall fail to observe or perform any of the other conditions or
covenants and such other default shall continue for more than thirty (30) days after written notice
of such default, then and in that event, and as often as the same may happen, it shall be lawful for
Landlord, at its election, with or without pervious notice, to terminate this Lease or re -enter and
repossess itself of the Leased Premises without termination, with or without legal proceeding, using
such force as may be necessary, and to remove therefrom any personal property belonging to
Tenant, without being guilty of any manner of trespass or forcible entry and detainer. The forgoing
described rights shall be non exclusive and shall be in addition to any and all of the rights and
remedies Landlord may have pursuant to governing law.
1
21. ABANDONMENT OF LEASED PREMISES:
If Tenant shall abandon or vacate the Leased Premises before the end of the term of this Lease, the
Landlord may, at its option and without notice to Tenant, enter the Leased Premises, and re -let the
same, or any part thereof, as it may see fit, without thereby voiding or terminating this Lease.
22. SUBORDINATION.
This lease shall be subordinate to any mortgage, deed of trust, or any other hypothecation for
security now placed upon the Premises. However, if any mortgagee or trustee elects to have this
Lease prior to the lien of its mortgage or deed of trust, and gives notice of that to Tenant, this Lease
shall be deemed prior to the mortgage, or deed of trust. In the event any mortgage or deed of trust
to which this Lease is subordinate is foreclosed or a deed in lieu of foreclosure is given to the
mortgagee or beneficiary, Tenant shall subordinate to the purchaser at the foreclosure sale or to the
grantee under the deed in lieu of foreclosure. Tenant agrees to execute any documents in form and
substance reasonably acceptable to Landlord, required to effectuate the subordination, to make this
Lease prior to the lien of any mortgage or deed of trust, or to evidence the subordination. Landlord
agrees that no further mortgages, deeds of trust or any other hypothecations will be placed upon
the premises during the term of this lease /option. This lease /option agreement will be recorded
with Lincoln County as notice of tenant's interest in the premises. This lease /option agreement will
supersede any voluntary acts of Landlord to the contrary. Landlord will notify Tenant /Optionee of
any possible foreclosure action within five days of receiving notice of same. No mortgages will be
obtained or dated subsequent to the date of this lease /option agreement. This lease /option
agreement is subordinate only to the mortgage(s) on the premises at date of lease /option.
INDEMNIFICATION.
Tenant shall indemnify Landlord and save it harmless from and against any and all claims, actions,
damages, liability and expense in connection with loss of life, personal injury or damage to property
occurring in or about, or arising out of or from the Leased Premises and adjacent sidewalks, loading
areas, parking lots or the occupancy or use of the Leased Premises by Tenant or its sub tenants, or
occasioned wholly or in part by any act or omission of Tenant, its agents, licensees, business
invitees, concessionaires, contractors, customers, employees or sub tenants.
In case Landlord shall be made a party to any litigation commenced by or against Tenant, its agents,
licensees, business invitees, concessionaires, contractors, customers, employees or sub tenants,
Tenant shall protect and hold Landlord harmless and shall pay all costs, expenses and reasonable
attorney's fees incurred or paid by Landlord in connection with such litigation.
23. ATTORNEY'S FEES.
In the event either party shall find it necessary to obtain the services of an attorney to enforce any
of the covenants and conditions of this Lease, the prevailing party shall be entitled to
reimbursement for all costs and expenses, including reasonable attorney's fees, whether or not
litigation is commenced.
24. LANDLORD'S ACCESS.
Landlord and its agents, employees or other representatives may enter the Leased Premises at any
reasonable time after reasonable notice for the purpose of (a) Inspecting the Leased Premises to
ascertain Tenant's compliance with the terms and conditions of this Lease. (b) In order to make
repairs, additions or alterations as the Landlord deems necessary. (c) To post notices of non
responsibility under mechanics' lien law. (d) For any other reasonable purposes. Landlord shall be
provided a current key to the premises at all times.
25. NOTICES.
Any notices required or permitted to be given or served by either party to the other shall be deemed
to have been duly given or served there if in writing and forwarded by certified mail, postage
prepaid, return receipt requested, to the respective addresses as set forth below. Such notices shall
be deemed given upon mailing of same.
26. AMENDMENT OR MODIFICATION.
Tenant acknowledges and agrees that it has not relied upon any statement, representation,
agreement or warranty, except such as are expressly stated herein, and that no amendment or
modification of this Lease shall be valid or binding unless expressed in writing and executed by the
parties hereto in the same manner as the execution of this lease:
27. NO PARTNERSHIP.
Tenant: Kolton and Jean Suter
Michael Johnson
2202 Big Trail Circle
Reno, NV 89521
28. NO SET OFF.
Landlord:
No partnership or joint venture is created by this Lease. The Landlord and Tenant shall be construed
to be that relationship of Landlord and Tenant only.
Tenant may not set off against rent or other sums due hereunder, or any claims that Tenant has or
thinks it may have against the Landlord. Other than as stated in #6 above.
29. VENUE AND WAIVER OF JURY TRIAL.
The parties hereto agree that venue of any legal action filed relating to this Lease shall be in the
District Court of Lincoln County, Wyoming, Judicial District, except any action for forcible detainer
(eviction) shall be in the Circuit Court of Lincoln County. Further provided that in the event Landlord
should bring an action under the forcible detainer law, the Tenant agrees that demand for a jury
trial would have the effect of creating an unnecessary delay in taking advantage of what is intended
to be a summary proceeding and, accordingly, as a material consideration for Landlord's agreement
to enter into this Lease, Tenant hereby waives any jury trial and agrees that it will not demand a trial
by jury in such event.
30. FORCE MAJEURE.
In the event that either party hereto shall be delayed or hindered in or prevented from the
performance of any act required hereunder by reason of labor troubles, inability to procure
materials, failure of power, restrictive governmental laws or regulations, riots, war or other reason
of a like nature not the fault of the party delayed in performing work or doing acts required under
the terms of this Lease, then performance of such act shall be excused for the period of the delay
and the period for the performance of any such act shall be extended for a period equivalent to the
period of such delay.
31. MISCELLANEOUS.
A. Time is of the essence.
B. No waiver of any breach of any one or more of the conditions or covenants in this Lease by
Landlord shall be deemed to imply or constitute a waiver of any succeeding or other breach
hereunder.
C. This Lease and its provisions shall be construed and enforced in accordance with and pursuant
to governing Wyoming law.
D. The headings used in this Lease are for convenience only and are not to be used in its
construction.
E. Whenever used, the singular shall include the plural, the plural the singular, and the use of any
gender shall include all genders.
F. If there is more than one person comprising the Tenant, the covenants, agreements,
undertakings and obligations hereunder shall be the joint and several obligations of all such
persons.
G. This Lease may be executed in multiple counterparts, each of which shall be deemed to be an
original.
H. It is agreed that Landlord is represented by Wendie King of Advantage Realty of Star Valley, LLC
with regard to this Lease and neither party has retained any other broker or, person to which any
commissions, fees, or other compansation is due other than each party's attorneys. Landlord
agrees to compensate Wendie King for services in the amount $2000.00. Tenant is not
responsible or liable for any real estate commissions. Landlord is not responsible for or liable
for any real estate commissions to Tenant's realtor or agent. By signing as provided for herein,
the realtor and the real estate agency agree to be bound by this provision.
IN WITNESS WHEREOF, the parties hereto have executed this Lease to be effective as of the day and
year first above written.
LANDLORD:
Michael Johnson
TENANT:
Kolton Suter Date
State of W7 J
County of
Subscribe and sworn to (or affirme before me on this day of Ma 2014,
by X0t n Tgavi t_Cec
of satisfactory evidence to be the person who appeared before me.
Wendie King
Except as specifically provided for herein, each party indemnifies, holds, harmless and agrees to
defend the other against any claims, demands, causes of actions, suits, proceedings, damages,
losses, injuries, costs, expenses and fees (including reasonable attorney. fees) arising from or
relating to commissions, fees or other compensation regarding this Lease.
Date
/-/y
Date
Jean Suter Date
prove id to me on the basis
Eudora. Hytie -G7s1 NOT R PUBLIC
COl.liq nr- y: :7 STATE OF
�i
6 ~~0,. ta
5. nv plit'3FiION iS' FE6} 015
Except as specifically provided for herein, each party indemnifies, holds harmless and agrees to
defend the other against any claims, demands, causes of actions, suits, proceedings, damages,
losses, injuries, costs, expenses and fees (including reasonable attorney fees) arising from or
relating to commissions, fees or other compensation regarding this Lease.
IN WITNESS WHEREOF, the parties hereto have executed this Lease to be effective as of the day and year
first above written.
LANDLORD:
29
Michael Johnson Date
TENANT:
Kolton Suter
State of li-Q
County of Y V A.atAe.--
Subscribe and sworn to (or affirmed) before me on this al day of
by Vi aA a_. PANZI 0kA rlk
of satisfactory evidence to be the person who appeared before me.
'Ilk t. )�d
My Commission Expires:
Notary Public Date
Date Jean Suter
4 1 X1 1 1 4
(Seal)
Date
proved to me on the basis
Notary Public, State of Nevada
AppolntmenjNo.'08=6602 =2
My Appt. Expires Feb 4.2016
Payment /Amortization Schedule 5/2/2014
Principal Amount: 225950.00 Interest Rate: 5.0000%
Payments per Year: 12 Term in Years: 30
Total Number of Payments: 360 Date of First Payment: 5/2/2014
Payment Amount: 1,215.00
Payment Payment Payment Principal Paid Interest Paid Balance
Date Number Amount
5/2/2014 1 1,215.00 273.54 941.46 225,676.46
6/2/2014 2 1,215.00 274.68 940.32 225,401.78
7/2/2014 3 1,215.00 275.83 939.17 225,125.95
8/2/2014 4 1,215.00 276.98 938.02 224,848.97
9/2/2014 5 1,215.00 278.13 936.87 224,570.84
10/2/2014 6 1,215.00 279.29 935.71 224,291.55
11/2/2014 7 1,215.00 280.45 934.55 224,011.10
12/2/2014 8 1,215.00 281.62 933.38 223,729.48
2014 Totals: 9,720.00 2,220.52 7,499.48
Cumulative: 9,720.00 2,220.52 7,499.48
Payment Payment Payment
Date Number Amount
1/2/2015 9 1,215.00 282.79 932.21
2/2/2015 10 1,215.00 283.97 931.03
3/2/2015 11 1,215.00 285.16 929.84
4/2/2015 12 1,215.00 286.34 928.66
5/2/2015 13 1,215.00 287.54 927.46
6/2/2015 14 1,215.00 288.73 926.27
7/2/2015 15 1,215.00 289.94 925.06
8/2/2015 16 1,215.00 291.15 923.85
9/2/2015 17 1,215.00 292.36 922.64
10/2/2015 18 1,215.00 293.58 921.42
11/2/2015 19 1,215.00 294.80 920.20
12/2/2015 20 1,215.00 296.03 918.97
2015 Totals: 14,580.00 3,472.39 11,107.61
Cumulative: 24,300.00 5,692.91 18,607.09
Payment Payment Payment
Date Number Amount
1/2/2016 21
2/2/2016 22
3/2/2016 23
4/2/2016 24
5/2/2016 25
6/2/2016 26
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
Principal• Paid Interest Paid: Balance
Principal Paid Interest Paid Balance
297.26
298.50
299.74
300.99
302.25
303.51
917.74
916.50
915.26
914.01
912.75
911.49
Page 1 of 12
223,446.69
223,162.72
222,877.56
222,591.22
222,303.68
222,014.95
221,725.01
221,433.86
221,141.50
220,847.92
220,553.12
220,257.09
219,959.83
219,661.33
219,361.59
219,060.60
218,758.35
218,454.84
5/2/2014
7/2/2016 27 1,215.00 304.77 910.23
8/2/2016 28 1,215.00 306.04 908.96
9/2/2016 29 1,215.00 307.32 907.68
10/2/2016 30 1,215.00 308.60 906.40
11/2/2016 31 1,215.00 309.88 905.12
12/2/2016 32 1,215.00 311.17 903.83
2016 Totals: 14,580.00 3,650.03 10,929.97
Cumulative: 38,880.00 9,342.94 29,537.06
Payment Payment Payment
Date Number Amount
Principal Paid Interest Paid Balance
1/2/2017 33 1,215.00 312.47 902.53
2/2/2017 34 1,215.00 313.77 901.23
3/2/2017 35 1,215.00 315.08 899.92
4/2/2017 36 1,215.00 316.39 898.61
5/2/2017 37 1,215.00 317.71 897.29
6/2/2017 38 1,215.00 319.03 895.97
7/2/2017 39 1,215.00 320.36 894.64
8/2/2017 40 1,215.00 321.70 893.30
9/2/2017 41 1,215.00 323.04 891.96
10/2/2017 42 1,215.00 324.39 890.61
11/2/2017 43 1,215.00 325.74 889.26
12/2/2017 44 1,215.00 327.09 887.91
2017 Totals: 14,580.00 3,836.77 10,743.23
Cumulative: 53,460.00 13,179.71 40,280.29
Payment Payment Payment
Date Number Amount
1/2/2018 45 1,215.00 328.46 886.54
2/2/2018 46 1,215.00 329.83 885.17
3/2/2018 47 1,215.00 331.20 883.80
4/2/2018 48 1,215.00 332.58 882.42
5/2/2018 49 1,215.00 333.97 881.03
6/2/2018 50 1,215.00 335.36 879.64
7/2/2018 51 1,215.00 336.75 878.25
8/2/2018 52 1,215.00 338.16 876.84
9/2/2018 53 1,215.00 339.57 875.43
10/2/2018 54 1,215.00 340,98 874.02
11/2/2018 55 1,215.00 342.40 872.60
12/2/2018 56 1,215.00 343.83 871.17
2018 Totals: 14,580.00 4,033.09 10,546.91
Cumulative: 68,040.00 17,212.80 50,827.20
Payment Payment Payment
Date Number Amount
Principal Paid Interest Paid Balance
Principal Paid Interest Paid Balance
Pa_. elf 12
218,150.07
217,844.03
217,536.71
217,228.11
216,918.23
216,607.06
216,294.59
215,980.82
215,665.74
215,349.35
215,031.64
214,712.61
214,392.25
214,070.55
213,747.51
213,423.12
213,097.38
212,770.29
212,441.83
212,112.00
211,780.80
211,448.22
211,114.25
210,778.89
210,442.14
210,103.98
209,764.41
209,423.43
209,081.03
208,737.20
5/2/2014
1/2/2019 57 1,215.00
2/2/2019 58 1,215.00
3/2/2019 59 1,215.00
4/2/2019 60 1,215.00
5/2/2019 61 1,215.00
6/2/2019 62 1,215.00
7/2/2019 63 1,215.00
8/2/2019 64 1,215.00
9/2/2019 65 1,215.00
10/2/2019 66 1,215.00
11/2/2019 67 1,215.00
12/2/2019 68 1,215.00
2019 Totals: 14,580.00
Cumulative: 82,620.00
Payment Payment Payment
Date Number Amount
1/2/2020 69 1,215.00
2/2/2020 70 1,215.00
3/2/2020 71 1,215.00
4/2/2020 72 1,215.00
5/2/2020 73 1,215.00
6/2/2020 74 1,215.00
7/2/2020 75 1,215.00
8/2/2020 76 1,215.00
9/2/2020 77 1,215.00
10/2/2020 78 1,215.00
11/2/2020 79 1,215.00
12/2/2020 80 1,215.00
2020 Totals: 14,580.00
Cumulative: 97,200.00
Payment Payment Payment
Date Number Amount
1/2/2021 81 1,215.00
2/2/2021 82 1,215.00
3/2/2021 83 1,215.00
4/2/2021 84 1,215.00
5/2/2021 85 1,215.00
6/2/2021 86 1,215.00
7/2/2021 87 1,215.00
8/2/2021 88 1,215.00
9/2/2021 89 1,215.00
10/2/2021 90 1,215.00
11/2/2021 91 1,215.00
345.26 869.74
346.70 868.30
348.14 866.86
349.60 865.40
351.05 863.95
352.51 862.49
353.98 861.02
355.46 859.54
356.94 858.06
358.43 856.57
359.92 855.08
361.42 853.58
4,239.41 10,340.59
21,452.21 61,167.79
Principal Paid Interest Paid Balance
362.93
364.44
365.96
367.48
369.01
370.55
372.09
373.64
375.20
376.76
378.33
379.91
4,456.30
25,908.51
852.07
850,56
849.04
847.52
845.99
844.45
842.91
841.36
839.80
838.24
836.67
835.09
10,123.70
71,291.49
Principal Paid Interest Paid Balance
381.49
383.08
384.68
386.28
387.89
389.51
391.13
392.76
394.40
396.04
397.69
833.51
831.92
830.32
828.72
827.11
825.49
823.87
822.24
820.60
818.96
817.31
Page 3 of 12
208,391.94
208,045.24
207,697.10
207,347.50
206,996.45
206,643.94
206,289.96
205,934.50
205,577.56
205,219.13
204,859.21
204,497.79
204,134.86
203,770.42
203,404.46
203,036.98
202,667.97
202,297.42
201,925.33
201,551.69
201,176.49
200,799.73
200,421.40
200,041.49
199,660.00
199,276.92
198,892.24
198,505.96
198,118.07
197,728.56
197,337.43
196,944.67
196,550.27
196,154.23
195,756.54
5/2/2014
Payment Payment Payment
Date Number Amount
12/2/2021 92 1,215.00 399.35 815.65
2021 Totals: 14,580.00 4,684.30 9,895.70
Cumulative: 111,780.00 30,592.81 81,187.19
Payment Payment Payment
Date Number Amount
1/2/2024 117 1,215.00
2/2/2024 118 1,215.00
3/2/2024 119 1,215.00
4/2/2024 120 1,215.00
5/2/2024 121 1,215.00
Principal Paid Interest Paid Balance
1/2/2022 93 1,215.00 401.01 813.99 194,956.18
2/2/2022 94 1,215.00 402.68 812.32 194,553.50
3/2/2022 95 1,215.00 404.36 810.64 194,149.14
4/2/2022 96 1,215.00 406.05 808.95 193,743.09
5/2/2022 97 1,215.00 407.74 807.26 193,335.35
6/2/2022 98 1,215.00 409.44 805.56 192,925.91
7/2/2022 99 1,215.00 411.14 803.86 192,514.77
8/2/2022 100 1,215.00 412.86 802.14 192,101.91
9/2/2022 101 1,215.00 414.58 800.42 191,687.33
10/2/2022 102 1,215.00 416.30 798.70 191,271.03
11/2/2022 103 1,215.00 418.04 796.96 190,852.99
12/2/2022 104 1,215.00 419.78 795.22 190,433.21
2022 Totals: 14,580.00 4,923.98 9,656.02
Cumulative: 126,360.00 35,516.79 90,843.21
Payment Payment Payment Principal Paid Interest Paid Balance
Date Number Amount
1/2/2023 105 1,215.00 421.53 793.47 190,011.68
2/2/2023 106 1,215.00 423.28 791.72 189,588.40
3/2/2023 107 1,215.00 425.05 789.95 189,163.35
4/2/2023 108 1,215.00 426.82 788.18 188,736.53
5/2/2023 109 1,215.00 428.60 786.40 188,307.93
6/2/2023 110 1,215.00 430.38 784.62 187,877.55
7/2/2023 111 1,215.00 432.18 782.82 187,445.37
8/2/2023 112 1,215.00 433.98 781.02 187,011.39
9/2/2023 113 1,215.00 435.79 779.21 186,575.60
10/2/2023 114 1,215.00 437.60 777.40 186,138.00
11/2/2023 115 1,215.00 439.42 775.58 185,698.58
12/2/2023 116 1,215.00 441.26 773.74 185,257.32
2023 Totals: 14,580.00 5,175.89 9,404.11
Cumulative: 140,940.00 40,692.68 100,247.32
Principal Paid Interest Paid Balance
443.09
444.94
446.79
448.66
450.53
771.91
770.06
768.21
766.34
764.47
Yage 4 of 12
195,357.19
184,814.23
184,369.29
183,922.50
183,473.84
183,023.31
5/2/2014
6/2/2024 122 1,215.00 452.40 762.60
7/2/2024 123 1,215.00 454.29 760.71
8/2/2024 124 1,215.00 456.18 758.82
9/2/2024 125 1,215.00 458.08 756.92
10/2/2024 126 1,215,00 459.99 755.01
11/2/2024 .127 1,215.00 461.91 753.09
12/2/2024 128 1,215.00 463.83 751.17
2024 Totals: 14,580.00 5,440.69 9,139.31
Cumulative: 155,520.00 46,133.37 109,386.63
Payment Payment Payment
Date Number Amount
1/2/2025 129 1,215.00 465.76 749.24
2/2/2025 130 1,215.00 467.70 747.30
3/2/2025 131 1,215.00 469.65 745.35
4/2/2025 132 1,215.00 471.61 743.39
5/2/2025 133 1,215.00 473.58 741.42
6/2/2025 134 1,215.00 475.55 739.45
7/2/2025 135 1,215.00 477.53 737.47
8/2/2025 136 1,215.00 479.52 735.48
9/2/2025 137 1,215.00 481.52 733.48
10/2/2025 138 1,215.00 483.52 731.48
1 1/2/2025 139 1,215.00 485.54 729.46
12/2/2025 140 1,215.00 487.56 727.44
2025 Totals: 14,580.00 5,719.04 8,860.96
Cumulative: 170,100.00 51,852.41 118,247.59
Payment Payment Payment
Date Number Amount
Payment Payment Payment
Principal Paid Interest Paid Balance
Principal Paid Interest Paid Balance
1/2/2026 141 1,215.00 489.59 725.41
2/2/2026 142 1,215.00 491.63 723.37
3/2/2026 143 1,215.00 493.68 721.32
4/2/2026 144 1,215.00 495.74 719.26
5/2/2026 145 1,215.00 497.80 717.20
6/2/2026 146 1,215.00 499.88 715.12
7/2/2026 147 1,215.00 501.96 713.04
8/2/2026 148 1,215.00 504.05 710.95
9/2/2026 149 1,215.00 506.15 708.85
10/2/2026 150 1,215.00 508.26 706.74
11/2/2026 151 1,215.00 510.38 704.62
12/2/2026 152 1,215.00 512.51 702.49
2026 Totals: 14,580.00 6,011.63 8,568.37
Cumulative: 184,680.00 57,864.04 126,815.96
Principal Paid Interest Paid Balance
Page 5of12
182,570.91
182,116.62
181,660.44
181,202.36
180,742.37
180,280.46
179,816.63
179,350.87
178,883.17
178,413.52
177,941.91
177,468.33
176,992.78
176,515.25
176,035.73
175,554.21
175,070.69
174,585.15
174,097.59
173,608.00
173,116.37
172,622.69
172,126.95
171,629.15
171,129.27
170,627.31
170,123.26
169,617.11
169,108.85
168,598.47
168,085.96
5/2/2014
Date Number Amount
1/2/2027 153
2/2/2027 154
3/2/2027 155
4/2/2027 156
5/2/2027 157
6/2/2027 158
7/2/2027 159
8/2/2027 160
9/2/2027 161
10/2/2027 162
11/2/2027 163
12/2/2027 164
2027 Totals:
Cumulative:
Payment Payment Payment
Date Number Amount
1/2/2028 165 1,215.00
2/2/2028 166 1,215.00
3/2/2028 167 1,215.00
4/2/2028 168 1,215.00
5/2/2028 169 1,215.00
6/2/2028 170 1,215.00
7/2/2028 171 1,215.00
8/2/2028 172 1,215.00
9/2/2028 173 1,215.00
10/2/2028 174 1,215.00
11/2/2028 175 1,215.00
12/2/2028 176 1,215.00
2028 Totals: 14,580.00
Cumulative: 213,840.00
Payment Payment Payment
Date Number Amount
1/2/2029 177 1,215.00
2/2/2029 178 1,215.00
3/2/2029 179 1,215.00
4/2/2029 180 1,215.00
5/2/2029 181 1,215.00
6/2/2029 182 1,215.00
7/2/2029 183 1,215.00
8/2/2029 184 1,215.00
9/2/2029 185 1,215.00
1,215.00 514.64 700.36
1,215.00 516.79 698.21
1,215.00 518.94 696.06
1,215.00 521.10 693.90
1,215.00 523.27 691.73
1,215.00 525.45 689.55
1,215.00 527.64 687.36
1,215.00 529.84 685.16
1,215.00 532.05 682.95
1,215.00 534.27 680.73
1,215.00 536.49 678.51
1,215.00 538.73 676.27
14,580.00 6,319.21 8,260.79
199,260.00 64,183.25 135,076.75
Principal Paid Interest Paid Balance
540.97
543.23
545.49
547.76
550.04
552.34
554.64
556.95
559.27
561.60
563.94
566.29
6,642.52
70,825.77
568.65
571.02
573.40
575.79
578.19
580.60
583.01
585.44
587.88
674.03
671.77
669.51
667.24
664.96
662.66
660.36
658.05
655.73
653.40
651.06
648.71
7,937.48
143,014.23
Principal Paid Interest Paid Balance
646.35
643.98
641.60
639.21
636.81
634.40
631.99
629.56
627.12
167,571.32
167,054.53
166,535.59
166,014.49
165,491.22
164,965.77
164,438.13
163,908.29
163,376.24
162,841.97
162,305.48
161,766.75
161,225.78
160,682.55
160,137.06
159,589.30
159,039.26
158,486.92
157,932.28
157,375.33
156,816.06
156,254.46
155,690.52
155,124.23
154,555.58
153,984.56
153,411.16
152,835.37
152,257.18
151,676.58
151,093.57
150,508.13
149,920.25
5/2/2014
10/2/2029 186 1,215.00 590.33 624.67
11/2/2029 187 1,215.00 592.79 622.21
12/2/2029 188 1,215.00 595.26 619.74
2029 Totals: 14,580.00 6,982.36 7,597.64
Cumulative: 228,420.00 77,808.13 150,611.87
Payment Payment Payment
Date Number Amount
Principal Paid Interest Paid Balance
1/2/2030 189 1,215.00 597.74 617.26
2/2/2030 190 1,215.00 600.23 614.77
3/2/2030 191 1,215.00. 602.73 612.27
4/2/2030 192 1,215.00 605.25 609.75
5/2/2030 193 1,215.00 607.77 607.23
6/2/2030 194 1,215.00 610.30 604.70
7/2/2030 195 1,215.00 612.84 602.16
8/2/2030 196 1,215.00 615.40 599.60
9/2/2030 197 1,215.00 617.96 597.04
10/2/2030 198 1,215.00 620.53 594.47
11/2/2030 199 1,215.00 623.12 591.88
12/2/2030 200 1,215.00 625.72 589.28
2030 Totals: 14,580.00 7,339.59 7,240.41
Cumulative: 243,000.00 85,147.72 157,852.28
Payment Payment Payment Principal Paid Interest Paid Balance
Date Number Amount
1/2/2031 201 1,215.00 628.32 586.68
2/2/2031 202 1,215.00 630.94 584.06
3/2/2031 203 1,215.00 633.57 581.43
4/2/2031 204 1,215.00 636.21 578.79
5/2/2031 205 1,215.00 638.86 576.14
6/2/2031 206 1,215.00 641.52 573.48
7/2/2031 207 1,215.00 644.20 570.80
8/2/2031 208 1,215.00 646.88 568.12
9/2/2031 209 1,215.00 649.58 565.42
10/2/2031 210 1,215.00 652.28 562.72
11/2/2031 211 1,215.00 655.00 560.00
12/2/2031 212 1,215.00 657.73 557.27
2031 Totals: 14,580.00 7,715.09 6,864.91
Cumulative: 257,580.00 92,862.81 164,717.19
Payment Payment Payment
Date Number Amount
1/2/2032 213 1,215.00 660.47 554.53
2/2/2032 214 1,215.00 663.22 551.78
3/2/2032 215 1,215.00 665.99 549.01
Principal Paid Interest Paid Balance
Page 7of12
149,329.92
148,737.13
148,141.87
147,544.13
146,943.90
146,341.17
145,735.92
145,128.15
144,517.85
143,905.01
143,289.61
142,671.65
142,051.12
141,428.00
140,802.28
140,173.96
139,543.02
138,909.45
138,273.24
137,634.38
136,992.86
136,348.66
135,701.78
135,052.20
134,399.92
133,744.92
133,087.19
132,426.72
131,763.50
131,097.51
5/2/2014
4/2/2032 216 1,215.00
5/2/2032 217 1,215.00
6/2/2032 218 1,215.00
7/2/2032 219 1,215.00
8/2/2032 220 1,215.00
9/2/2032 221 1,215.00
10/2/2032 222 1,215.00
11/2/2032 223 1,215.00
12/2/2032 224 1,215.00
2032 Totals: 14,580.00
Cumulative: 272,160.00
Payment Payment Payment
Date Number Amount
1/2/2033 225 1,215.00
2/2/2033 226 1,215.00
3/2/2033 227 1,215.00
4/2/2033 228 1,215.00
5/2/2033 229 1,215.00
6/2/2033 230 1,215.00
7/2/2033 231 1,215.00
8/2/2033 232 1,215.00
9/2/2033 233 1,215.00
10/2/2033 234 1,215.00
11/2/2033 235 1,215.00
12/2/2033 236 1,215.00
2033 Totals: 14,580.00
Cumulative: 286,740.00
Payment Payment Payment
Date Number Amount
668.76
671.55
674.34
677.15
679.98
682.81
685.65
688.51
691.38
8,109.81
100,972.62
Principal Paid Interest Paid Balance
694.26
697.15
700.06
702.98
705.90
708.85
711.80
714.77
717.74
720.73
723.74
726.75
8,524.73
109,497.35
546.24
543.45
540.66
537.85
535.02
532.19
529.35
526.49
523.62
6,470.19
171,187.38
520.74
517.85
514.94
512.02
509.10
506.15
503.20
500.23
497.26
494.27
491.26
488.25
6,055.27
177,242.65
Principal Paid Interest Paid Balance
Pay e8of12
130,428.75
129,757.20
129,082.86
128,405.71
127,725.73
127,042.92
126,357.27
125,668.76
124,977.38
124,283.12
123,585.97
122,885.91
122,182.93
121,477.03
120,768.18
120,056.38
119,341.61
118,623.87
117,903.14
117,179.40
116,452.65
1/2/2034 237 1,215.00 729.78 485.22 115,722.87
2/2/2034 238 1,215.00 732.82 482.18 114,990.05
3/2/2034 239 1,215.00 735.87 479.13 114,254.18
4/2/2034 240 1,215.00 738.94 476.06 113,515.24
5/2/2034 241 1,215.00 742.02 472.98 112,773.22
6/2/2034 242 1,215.00 745.11 469.89 112,028.11
7/2/2034 243 1,215.00 748.22 466.78 11 1,279.89
8/2/2034 244 1,215.00 751.33 463.67 110,528.56
9/2/2034 245 1,215.00 754.46 460.54 109,774.10
10/2/2034 246 1,215.00 757.61 457.39 109,016.49
11/2/2034 247 1,215.00 760.76 454.24 108,255.73
12/2/2034 248 1,215.00 763.93 451.07 107,491.80
2034 Totals: 14,580.00 8,960.85 5,619.15
Cumulative: 301,320.00 118,458.20 182,861.80
5/2/2014
Payment Payment Payment
Date Number Amount
1/2/2035 249 1,215.00
2/2/2035 250 1,215.00
3/2/2035 251 1,215.00
4/2/2035 252 1,215.00
5/2/2035 253 1,215.00
6/2/2035 254 1,215.00
7/2/2035 255 1,215.00
8/2/2035 256 1,215.00
9/2/2035 257 1,215.00
10/2/2035 258 1,215.00
11/2/2035 259 1,215.00
12/2/2035 260 1,215.00
2035 Totals: 14,580.00
Cumulative: 315,900.00
Payment Payment Payment
Date Number Amount
1/2/2036 261 1,215.00
2/2/2036 262 1,215.00
3/2/2036 263 1,215.00
4/2/2036 264 1,215.00
5/2/2036 265 1,215.00
6/2/2036 266 1,215.00
7/2/2036 267 1,215.00
8/2/2036 268 1,215.00
9/2/2036 269 1,215.00
10/2/2036 270 1,215.00
11/2/2036 271 1,215.00
12/2/2036 272 1,215.00
2036 Totals: 14,580.00
Cumulative: 330,480.00
Payment Payment Payment
Date Number Amount
1/2/2037 273 1,215.00
2/2/2037 274 1,215.00
3/2/2037 275 1,215.00
4/2/2037 276 1,215.00
5/2/2037 277 1,215.00
6/2/2037 278 1,215.00
7/2/2037 279 1,215.00
8/2/2037 280 1,215.00
Principal Paid Interest Paid Balance
767.12
770.31
773.52
776.75
779.98
783.23
786.50
789.77
793.06
796.37
799.69
803.02
9,419.32
127,877.52
447.88
444.69
441.48
438.25
435.02
431.77
428.50
425.23
421.94
418.63
415.31
411.98
5,160.68
188,022.48
Principal Paid Interest Paid Balance
806.36
809.72
813.10
816.49
819.89
823.30
826.73
830.18
833.64
837.11
840.60
844.10
9,901.22
137,778.74
408.64
405.28
401.90
398.51
395.11
391.70
388.27
384.82
381.36
377.89
374.40
370.90
4,678.78
192,701.26
Principal Paid Interest Paid Balance
847.62
851.15
854.70
858.26
861.84
865.43
869.03
872.65
367.38
363.85
360.30
356.74
353.16
349.57
345.97
342.35
Page 9 of 12
106,724.68
105,954.37
105,180.85
104,404.10
103,624.12
102,840.89
102,054.39
101,264.62
100,471.56
99,675.19
98,875.50
98,072.48
97,266.12
96,456.40
95,643.30
94,826.81
94,006.92
93,183.62
92,356.89
91,526.71
90,693.07
89,855.96
89,015.36
88,171.26
87,323.64
86,472.49
85,617.79
84,759.53
83,897.69
83,032.26
82,163.23
81,290.58
5/2/2014
r
9/2/2037 281
10/2/2037 282
11/2/2037 283
12/2/2037 284
2037 Totals:
Cumulative:
Payment Payment Payment
Date Number Amount
1,215.00
1,215.00
1,215.00
1,215.00
14,580.00
345,060.00
876.29
879.94
883.61
887.29
10,407.81
148,186.55
338.71
335.06
331.39
327.71
4,172.19
196,873.45
Principal Paid Interest Paid Balance
Pa,2e.JJ0_9f 12
80,414.29
79,534.35
78,650.74
77,763.45
1/2/2038 285 1,215.00 890.99 324.01 76,872.46
2/2/2038 286 1,215.00 894.70 320.30 75,977.76
3/2/2038 287 1,215.00 898.43 316.57 75,079.33
4/2/2038 288 1,215.00 902.17 312.83 74,177.16
5/2/2038 289 1,215.00 905.93 309.07 73,271.23
6/2/2038 290 1,215.00 909.70 305.30 72,361.53
7/2/2038 291 1,215.00 913.49 301.51 71,448.04
8/2/2038 292 1,215.00 917.30 297.70 70,530.74
9/2/2038 293 1,215.00 921.12 293.88 69,609.62
10/2/2038 294 1,215.00 924.96 290.04 68,684.66
11/2/2038 295 1,215.00 928.81 286.19 67,755.85
12/2/2038 296 1,215.00 932.68 282.32 66,823.17
2038 Totals: 14,580.00 10,940.28 3,639.72
Cumulative: 359,640.00 159,126.83 200,513.17
Payment Payment Payment Principal. Paid Interest Paid Balance
Date Number Amount
1/2/2039 297 1,215.00 936.57 278.43 65,886.60
2/2/2039 298 1,215.00 940.47 274.53 64,946.13
3/2/2039 299 1,215.00 944.39 270.61 64,001.74
4/2/2039 300 1,215.00 948.33 266.67 63,053.41
5/2/2039 301 1,215.00 952.28 262.72 62,101.13
6/2/2039 302 1,215.00 956.25 258.75 61,144.88
7/2/2039 303 1,215.00 960.23 254.77 60,184.65
8/2/2039 304 1,215.00 964.23 250.77 59,220.42
9/2/2039 305 1,215.00 968.25 246.75 58,252.17
10/2/2039 306 1,215.00 972.28 242.72 57,279.89
11/2/2039 307 1,215.00 976.33 238.67 56,303.56
12/2/2039 308 1,215.00 980.40 234.60 55,323.16
2039 Totals: 14,580.00 11,500.01 3,079.99
Cumulative: 374,220.00 170,626.84 203,593.16
Payment Payment Payment Principal Paid Interest Paid Balance
Date Number Amount
1/2/2040 309 1,215.00 984.49 230.51 54,338.67
2/2/2040 310 1,215.00 988.59 226.41 53,350.08
5/2/2014
3/2/2040 311
4/2/2040 312
5/2/2040 313
6/2/2040 314
7/2/2040 315
8/2/2040 316
9/2/2040 317
10/2/2040 318
11/2/2040 319
12/2/2040 320
2040 Totals:
Cumulative:
Payment Payment Payment
Date Number Amount
Payment Payment Payment
Date Number Amount
1/2/2042 333
2/2/2042 334
3/2/2042 335
4/2/2042 336
5/2/2042 337
6/2/2042 338
7/2/2042 339
8/2/2042 340
9/2/2042 341
10/2/2042 342
11/2/2042 343
12/2/2042 344
2042 Totals:
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
14,580.00
388,800.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
1,215.00
14,580.00
992.71 222.29
996.84 218.16
1,001.00 214.00
1,005.17 209.83
1,009.36 205.64
1,013.56 201.44
1,017.79 197.21
1,022.03 192.97
1,026.28 188.72
1,030.56 184.44
12,088.38 2,491.62
182,715.22 206,084.78
Principal: Paid Interest. Paid Balance
1/2/2041 321 1,215.00 1,034.86 180.14
2/2/2041 322 1,215.00 1,039.17 175.83
3/2/2041 323 1,215.00 1,043.50 171.50
4/2/2041 324 1,215.00 1,047.84 167.16
5/2/2041 325 1,215.00 1,052.21 162.79
6/2/2041 326 1,215.00 1,056.60 158.40
7/2/2041 327 1,215.00 1,061.00 154.00
8/2/2041 328 1,215.00 1,065.42 149.58
9/2/2041 329 1,215.00 1,069.86 145.14
10/2/2041 330 1,215.00 1,074.32 140.68
11/2/2041 331 1,215.00 1,078.79 136.21
12/2/2041 332 1,215.00 1,083.29 131.71
2041 Totals: 14,580.00 12,706.86 1,873.14
Cumulative: 403,380.00 195,422.08 207,957.92
Principal Paid Interest Paid Balance
1,087.80
1,092.33
1,096.88
1,101.45
1,106.04
1,110.65
1,115.28
1,119.93
1,124.59
1,129.28
1,133.98
1,138.71
13,356.92
127.20
122.67
118.12
113.55
108.96
104.35
99.72
95.07
90.41
85.72
81.02
76.29
1,223.08
Page 11 of 12
52,357.37
51,360.53
50,359.53
49,354.36
48,345.00
47,331.44
46,313.65
45,291.62
44,265.34
43,234.78
42,199.92
41,160.75
40,117.25
39,069.41
38,017.20
36,960.60
35,899.60
34,834.18
33,764.32
32,690.00
31,611.21
30,527.92
29,440.12
28,347.79
27,250.91
26,149.46
25,043.42
23,932.77
22,817.49
21,697.56
20,572.97
19,443.69
18,309.71
17,171.00
5/2/2014
Cumulative: 417,960.00 208,779.00 209,181.00
Payment Payment Payment Principal Paid Interest Paid Balance
Date Number Amount
1/2/2043 345 1,215.00 1,143.45 71.55 16,027.55
2/2/2043 346 1,215.00 1,148.22 66.78 14,879.33
3/2/2043 347 1,215.00 1,153.00 62.00 13,726.33
4/2/2043 348 1,215.00 1,157.81 57.19 12,568.52
5/2/2043 349 1,215.00 1,162.63 52.37 11,405.89
6/2/2043 350 1,215.00 1,167.48 47.52 10,238.41
7/2/2043 351 1,215.00 1,172.34 42.66 9,066.07
8/2/2043 352 1,215.00 1,177.22 37.78 7,888.85
9/2/2043 353 1,215.00 1,182.13 32.87 6,706.72
10/2/2043 354 1,215.00 1,187.06 27.94 5,519.66
11/2/2043 355 1,215.00 1,192.00 23.00 4,327.66
12/2/2043 356 1,215.00 1,196.97 18.03 3,130.69
2043 Totals: 14,580.00 14,040.31 539.69
Cumulative: 432,540.00 222,819.31 209,720.69
Payment Payment Payment
Date Number Amount
Principal Paid Interest Paid Balance
1/2/2044 357 1,215.00 1,201.96 13.04
2/2/2044 358 1,215.00 1,206.96 8.04
3/2/2044 359 724.78 721.77 3.01
2044 Totals: 3,154.78 3,130.69 24.09
Cumulative: 435,694.78 225,950.00 209,744.78
All the software, metadata and other information that produces this report is the copyrighted material of Financial
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1,928.73
721.77
0.00
5/2/2014