HomeMy WebLinkAbout886423L t iq uu LI,i ,. UL~: n,',.
AGREEMENT made this 19~' day of June, 2002 by and between Aloha Sand &
Gravel, Inc. a Wyoming Corporation, P.O. 3802, Alpine, WY 83128, Jacqulyn Naefand
Douglas Naef, guarantors, of Jackson, Teton County, Wyoming ("Debtor"), and Eugene
S. Call and Elaine J. Call, P.O. Box 606, Afion, WY 831 l~?("Secured. Party");
It is agreed: BbOK~u ~PR PAOE~
1. Collateral; obligations secured. Debtor grants a security interest in the
property described below together with all accessories, attachments, parts, equipment,
accessions, and repairs now or hereafter affixed thereto or used in connection therewith
and substitutions and replacements thereof (colleCtively, the "Collateral") to Secured
Party, its successors and assigns:
SEE ATTACHED EXHIBIT A
2. Promissory note.
$695,000.00 June 19, 2002
For value received, Debtor prOmises to pay Eugene S. Call and Elaine J. Call, or
order, Six Hundred Ninety - Five Thousand Dollars ($695,000.00), in lawful money of
the United States in seventy - two.equal installments of Fifteen Thousand Thirty - Seven
Dollars and Ninety - Seven Cents ($15,037.97) each, commencing on July 25, 2002 and
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
I o fl3
due according to the schedule outlined in EXHIBIT B attached, until paid in full, except
that the last installment shall be the unpaid balance. If any sum payable on any liability
of Debtor to the holder hereof is not paid when due, this note shall, unless the holder
hereof otherwise elects, forthwith be.due and payable. This Note shall bear interest at the
rate of Eight point Four percent (8.4%) per annum. Payments shall be first applied to
interest and then the reduction of principal.
Penalty for early payment shall be as follows:
YEAR
2002 O%
2003 5%
2004 4%
2005 3%
2006 2%
2007 1%
2008 orafi~ '
0%
This note shall be construed according to and governed by the laws of the State of
Wyoming.
Use and location of collateral.
that:
Debtor represents, warrants and covenants
(a) Use of Collateral. The collateral will be used for business purposes, namely
the mining, hauling, and sale of sand and gravel.
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
2 of 13
(b) Collateral used in more than one state. If the Collateral is used primarily for
business and is of a type normally uSed in more than one state, (trucks,
trailers, etc.), the Chief Executive Office and Place of Business of Debtor is
that shown at the beginning of this agreement and Debtor will notify Secured
Party in writing immediately upon any change of Debtor's Chief or principal
place of business.
(c)
Change of address. Debtor will immediately notify Secured Party in writing
of any change in Debtor's address.
4. Representations and covenants. (a) Representations. Debtor represents and
warrants that: (i) No financing statement covering any of the Collateral is on file in any
public office; (ii) Debtor's 'certificate of incorporation does not prohibit the Security
Interest granted herein and the execution of this agreement will not violate any law or
agreement to which it is a party;
(b) Covenants. Debtor covenants and agrees that it will: (i) keep the Collateral
in first class order, repair, and running condition, will replace any wom, broken, or
defective parts and will house the Collateral in suitable shelter and shall make no material
alteration in the Collateral without Secured Party's prior written consent; (ii) promptly
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
3 of 13
pay all taxes levied or assessed against the Collateral and keep the Collateral free and
clear of all liens, attachments, and encumbrances; (iii) allow Secured Party and its
representatives free access to the Collateral at all reasonable times for the purpose of
inspection; (iv) promptly notify Secured Party in writing of any loss or damage to the
Collateral; (v) keep the Collateral insured by responsible companies against loss by theft
and fire and against such other perils as is usually carried by owners of similar properties
or as required by Secured Party, in such amounts and payable in such manner as is
satisfactory to Secured Party and shall provide Secured Party with evidence of such
insurance upon request and assure that such insurance shall provide that Secured Party
receives thirty (30) days' notice of any termination, cancellation, or alteration of the terms
of such insurance and shall provide that the coverage afforded to Secured Party shall not
be rescinded, impaired, or invalidated by any act or neglect of Debtor; (vi) indemnify
Secured Party against all claims arising out of or connected with the ownership or use of
the Collateral; (vii) reimburse Secured Party upon demand for all expenses incurred in
connection with perfecting the security interest granted herein or the satisfaction thereof;
(viii) not abandon the Collateral; (ix) not sell, assign, lease, mortgage, or otherwise
dispose of any interest in the Collateral without first obtaining Secured Party's written
consent; (x) not use or permit the Collateral to be used for any unlawful purpose or in
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
4 of 13
823
violation of any federal, state, or municipal law, statute or ordinance or for hire; and (xi)
not permit the Collateral to become a part of or to be affixed to any real property of any
person without first making arrangements satisfactory to Secured Party to protect its
Security Interest.
(c) Breach. If Debtor fails to observe or perform any covenant' or agreement in
this Paragraph and does not remedy such failure within 15 days after written notice
thereof, Secured Party may, in addition to any other remedy, take any necessary action to
remedy the failure. If such action requires the expenditure of monies to protect and
~preserve Secured Party's interest in the Collateral (inCluding, but not limited to, payment
of insurance premiums, repairs, storage, transportation, removal of liens, etc.), the
amount of such expenditure shall become forthwith due and payable by Debtor with
interest at the rate often percent (10%) per annum; and if Secured Party takes any action
authorized hereunder, it shall not be liable to Debtor for damages as a result of delays,
temporary withdrawals of the Collateral from service or other causes. In addition to
SeCUred Party's other fights, Debtor agrees to pay to Secured Party, as liquidated damages
and not as a penalty, the amount of one and one - half percent (1.5%) of the payment, for
any payment not received by Secured Party before the fifteenth (15t~) day following the
due date of such payment.
Security Agreement~Promissory Note
.dlota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
5 of 13
824
5. Assignment of insurance proceeds.
Debtor hereby assigns to Secured Party
any and all monies (including, but not limited to, proceeds of insurance or return of
unearned premiums), which may become due under any policy insuring the Collateral
against any loss or damage and directs the insurance company issuing such policy to
make payment thereof directly to Secured Party. Secured Party may apply any insurance
monies so received to the cost of repairs to the Collateral and/or to payment of any of the
Obligations, in any order Secured Party determines, whether or not due, and shall remit
any surplus to Debtor. Debtor irrevocably appoints Secured Party as Debtor's attorney-
in-fact, with full power of substitution, to receive all such monies, to execute proof of
claim, to endorse drafts, checks, and other instruments for the payment of money payable
to Debtor in payment of such insurance monies, to adjust and compromise any claim, to
execute releases, to cancel any insurance policy covering the Collateral when such policy
is not required to protect Debtor's or Secured Party's interest and to do all other acts and
things that may be necessary or required to carry into effect the powers herein granted.
6. Events of default. The occurrence of any of the following events shall
constitute an event of default: (a) failure to pay, when due, any amount payable on any
of the Obligations and such default continues for a period of fifteen (15) days; (b) any
statement, representation, or warranty made herein or in any corresponding document
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
6of13
memorializing the transfer and sale of the Secured Party's business or any statement made
by or in behalf of the Debtor which is false or breached in any material respect; (c)
failure to observe or perform any other covenants or agreement herein or in the Note or
other instrument specified above; (d) death of any partner of Debtor which is a
partnership or of any guarantor or endorser of the Obligations; (e) if Debtor, or any of
them if more than one, or any such guarantor or endorser, become insolvent (however
evidenced) or commits any act of bankruptcy or makes any general assignments for the
benefit of creditors, any proceeding instituted by or against any of them for any relief
under any bankruptcy or insolvency laws, a receiver is appointed of, or a writ or order of
attachment or garnishment is made or issued, or any proceeding or procedure is
commenced or any remedy supplementary to, or in enforcement of a judgment is
employed against, or with respect to any property of, any of them; (f) termination or
suspension of the transaction of Debtor's usual business; (g) the Collateral is
substantially damaged or destroyed or Secured Party deems the Collateral unsafe or at
any risk; or (h) Debtor defaults in the performance of any obligation or in the payment of
any sum due to Secured Party under any other contract or agreement, arrangement, or
understanding, or any indebtedness of Debtor for borrowed money becomes due and
payable by acceleration of the maturity thereofi
- Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
7 of 13
7. Remedies on default. Debtor agrees that whenever a default exists Secured
Party shall have the following rights and remedies to the event permitted by applicable
law: (a) to declare the Note and all Obligations due and payable without notice or
demand; (b) to enter the foregoing premises or any place or places any of the Collateral
is located and take and carry', away the same, by any of its representatives, with or without
legal process, to Secured Party's place of storage; (c) to sell the Collateral at public sale,
or private sale, regardless of whether the Collateral is in constructive possession of
Secured Party or the person conducting the sale, in one or more sales, as an entirety or in
parcels, for the best price that Secured Party can obtain and upon such terms as Secured
Party may deem desirable; (d) to be the purchaser at any such sale; (e) to require Debtor
to pay all expenses of such sale, taking, keeping, and storage of the Collateral, including
reasonable attorney's fees; (f) to apply the proceeds of such'sale to all expenses in
connection with the taking and sale of the Collateral, and any balance of such proceeds
toward the payment of the Obligations in such order of application as Secured Party may
from time to time elect; (g) to require Debtor to assemble the Collateral upon Secured
Party's demand, at Debtor's expense, and make it available to Secured Party at a place
designated by Secured Party which is reasonably convenient to both parties; and (h) to
exercise any one or more rights or remedies accorded by the Uniform Commercial Code.
Security Agreement~Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
8 of 13
827
If the proceeds of any such sale are insufficient to pay the expenses, as aforesaid, and the
Obligations, Debtor shall pay any deficiency to Secured Party upon demand, and if such
proceeds are more than sufficient to pay such expenses and Obligations, Secured Party
shall pay the surplus to Debtor.
8. Other personal property. If at the time of repossession any of the collateral
contains other personal property not included in the Collateral, Secured Party may take
such personal property into.custody and store it at Debtor's risk and expense. Debtor
shall notify Secured Party within 48 hours after repossession of the Collateral of any such
other personal property claimed. Failure to do so will release Secured Party or
representatives from any liabilitY for loss or damage thereto.
9. Financing statement. At request of Secured Party, Debtor will join with
Secured Party in executin~.0ntq~ more financing statements pursuant to the Uniform
Commercial Code in form satisfactory to Secured Party. Debtor hereby authorizes
Secured Party to file financing statement signed only by Secured Party in all places where
necessary to perfect Secured Party's security interest in the Collateral in all jurisdictions
where such authorization is permitted by the Uniform Commercial Code.-~C~m~
!!m2ting *~e foregoing, Debtor zgrzzz *~.at ,;.,h~.ne.w~' the UvJfe~ Cemmer~i~! C~de '~',/::~.
~quirca Dcbtor to sig,u a fiii~,uht~ ~tatcmcnt ,~r filing p'~cscs, Debtor here~y zppc~nts '~~
- Securi~ Agreemen~Promisso? Note
Alota Sand & Gravel Inc.
Eugene S. Call and Elaine 2 Call - Se~r~ Par~
9 of 13
C''
......... c;,,~,,~,~-, ~- --:~-~-~ :- *' ..... ~ ...... '~:~:~" *}'~-~'~ A photographic or
other reproduction of this agreement, or any financing statement signed by Debtor, is
sufficient as a financing statement.
10. Rights and remedies not exclusive. All fights and remedies granted hereunder
to Secured Party are in addition to and not in limitation of all other fights and remedies
granted by law, or under any other instrument or agreement at any time executed by
Debtor for the benefit of Secured Party.
11. Non-waiver. Secured Party shall not be deemed to have waived any of its
rights or remedies unless the waiver is in writing and signed by an authorized person, and
any such waiver shall be valid only for the specific purpose and instance in which it is
given.
12. Binding effect. This Agreement shall be binding, jointly and severally, upon
all parties described as Debtor.
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S, Call and Elaine J. Call - Secured Party
10 of 13
13. Severability. If any provision of this Agreement is held to be invalid, illegal
or unenforceable, such determination shall not affect the validity of the remaining
provisions hereof. If and to the extent that applicable law confers any rights or imposes
any duties inconsistent with or in addition to any provision hereof, the affected provision
shall be considered amended to conform thereto.
14. Governing law. This Agreement shall be construed in accordance with and
governed by the laws of the State of Wyoming.
15. Headings. Headings in this Agreement are for convenience only and shall
not be used to interpret or construe its provisions.
16. Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall be deemed an original, but all of which together shall constitute one
and the same instrument.
17. Notices. All notices required or desired to be given to Debtor may be sent by
ordinary mail to the address shown at the beginning hereof. Such notice shall be deemed
sufficient after five days have expired from the date of mailing.
Debtor hereby acknowledges receipt of a true executed copy of this SECURITY
AGREEMENT and NOTE.
830
- Security Agreement/Promissory Note
Alota Sand & Gravel Inc. -~
Eugene S. Call and Elaine J. Call - Secured Party
11 of 13
In witness whereof the parties have entered into this agreement on the date first
above written.
Alota Sand & Gravel, Inc.
jac~l~~res~dent ~)~~
Eugene S./Call, Secured Party
Elaine J. Call, Secured Party
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
12 of 13
THIS PAGE LEFT BLANK INTENTIONALLY
832
Security Agreement/Promissory Note
Alota Sand & Gravel, Inc.
Eugene S. Call and Elaine J. Call - Secured Party
13 of 13
92 MACK
76 MACK
66 MACK
86 MACK
Property List
Call- Naef
EXHIBIT A
1M2P270C3NM011582
RL686LST29368
R611 ST1268
1M2AY04YAGMOO 1265
CUSTOM QUAD
WILLIAMSEN TANDEM, ALUMINUM
RANCO BELLY
LAB TRAILER
ALUMINUM DUMP BED
PARTS TRAILER
OFF-ROAD ROLLING STOCK
DRESSER 560B '
DRESSER 555
HOUGH H90E (1975)
ALLIS CHALMERS HD5G
CRUSHING, WASHING, ETC.
SYMONS 4' PLANT, GN. CONTRI S, TRIR, FEEDER
NORBERG HP 200 CRUSHING PLANT
CUMMINS GENERATOR FOR CRUSHER PLANT
BARMAC CRUSHING PLANT . ~
CEC WASH PLANT, WATER PUMP, FEEDER, FUEL TANK)
CUMMINS 150KW GEN, TRIR, CONTROLS - WASH PLANT
BELT FEEDER (MATTINSON)
CEDARAPIDS 4X14 SCREENING PLANT
EAGLE 24" SAND SCREW
KOLBERG 4'X8' SCREEN
CEDARAPIDS 1020 JAW CRUSHER
CONVEYORS
18"X 50' LATTICE
18"X 50' STACKER
18" X 30'
24" X 22' GREENIE
24" X 28' SAWMILL
24" X 30' CLOSER
30" X-50' ON WHEELS
30" X 50' FEED
30" X 50' STACKER
30" X 25'
3MM059187
560B3640201U04093
3570559U003919
256O
42211
0116R
KTAl150G/31124152
MARK III
97387
NT270GS 565423
31763
9704366
58-48-8-78-2
Property List
Call - Naef
CONVEYORS CONT.
30"X 100'
30"X 100'
LAND AND BUILDINGS
ALPINE LAND, SHOP, SCALE, PERMIT, WELL, ETC.
BONDS
ALPINE BOND
STOCKPILES
PILES OF CRUSHED MATERIAL
TOOLS
DIESEL WELDER
MILLER 2E WELDER
LINCOLN WIRE FED (ALUMINUM)
GAS PRESSURE WASHER
SMITH CUTTING TORCH
SMALL TOOLS'
COMPRESSOR (ALPINE)
MISC.
PARTS & SUPPLIES
TRAVEL TRAILER
WATER WAGON
12,000 GAL FUEL TANK PUMP
EXHIBIT A
05/'10/2002 i4', 10
Call Gravel Loan
DOUG' S EXCAVATION
PAGE
05102/2002 Page t
8,,;5
Compound Period ....... : MOnthly
Nominal Annual Rate ...: 8.400 %
Effective Annual Rate ..: 8,731 %
Pedodlc Rate .............. : 0.7000 %
Daily Rate .................. : 0.02301%
CASH FLOW DATA
Exhibit B, consisting of pages 1-4
Event Start Date
Loan 06/25/2002
Payment 07125/2002
Number To Make
Amount to SKIp
Number to Skip
Amount Number Period
End Date
695,000.00
15,037.97 144 Monthly
6
0.00
06125/2014
AMORTIZATION SCHEDULE - Normal A, imdlzatlon
Date Payment Interest Principal
Balance
Loan 06/2,5/200Z 695,000.00
1 07/25/2002 15,037,97 4,865.00 10,172.97 684,827.03
2 08/25/2002 '15,0~7.97 4,793.70 '1 o,244.18 674,.582.86
3 09/25t2002 15,037.97 4,722,08 '10,3t5.89 664,266.90
4 10/25/2002 15,03%97 4,648.87 10,388.10 853,878.a~
5 11/25t2002 15,037.97 4,577.15 10,460.82 843,418.04
i~ 12/25/200Z 15,037.97 4,503.93 10,534.04 632,884.00
2002 Totals 90,227.82 28,1ti .82 62,1 '16.00
7 01/2,5Z2008 0.00 4,430.19 4,430.19- 637,314.19
8 02/'25/2003 0.00 4,461,20 4,461.20- 641,775,39
Q 03/25/2003 ' 0.O0 4,,t92.43 4,492.43- 846,26%82
'10 04t25/2003 0.00 4,523,87 4,523.87- 650,791,69
11 05/25/2003 0.O0 4,5§5,54 4,555.54- 655,347.23
12 06/25/2003 0.00 4,587.43 4,587,43- 659,934.66
13 07/2~/2003 15,037,97 4,619.54 10,418.43 649,516.23
14 08/25t2003 15,037.97 4,54§.61 10,49'1.36 639,024,87
15 09/25/2003 15,037.97 4,473.t7 10,564,80 628,460,07
'16 '10/25/2003 '15,037.97 4,399.22 10,038.75 G17,82'1.32
17 11125/2003 15,037.97 4,324.75 10,713.22 607,108.10
l R '17125/2003 15,037.97 4,249.76 10,788.21 506,3t 9.89
2003 Totals 90,227.82 53,663.7t 36,564.11
19 01/25/2004 0,00 4,174.24
20 02/2512004 0.00 4,:203,46
'21 0312§/2004 Q.O0 4,2~2,88
22-O4/2512004 0.00 4,262.51
28 06125/2004 0,00 4,292.35
24 06125/2004 0.00 4,322,40
4,'174.24-
4,203.46-
4,232.88-
4,262.51-
4,292,35-
4,322.40-
600,494.13
604,897.59
608,980.47
613,'192.98
0t7,405,33
621,807.73
05/1Dt2002 ~:~0
3677399328 DOUG' $ EXCAV~TIr...~
PAGE 03/05
Call Gravel Loan
05/02/2002 Page 2
Date Payrnerlt Interest Principal Balance
25 07t25/2004
26 o~/251zoo4
27 09/2§/2004
20 10t2512004
29 11125/2004
30 12/25/2004
2004 Totals
15,037.97 4,352,65 10,685,32
15,037.97 4,277,80 '10, T60.11
'~ 5,037.97 4,202.54 10,835.43
15,037.97 4,126.69 10,911
15,037.97 4,(350.31 10,987.66
'15,037.97 3,g73.40 11,064.57
90,227,82 50,471.29 39,756.53
611,122.41
800,362.30
589,526.87
578,615.59
567,627.93
556,563.36
31 01125/2005 0.00 3,895.94 3,895,94- 560,459.30
32 02/25/2005 0.00 3,g23.22 3,923.22- 564,382.52
33 (~125/Z005 LI.UU 3,950.08 3,950.68- 568,333.20
34 04/2512005 0.00 3,978.33 3,97B.33- 572,311.53
35 05/25/2005 0.00 4.,oo6.'l 8 4,006.'18 676,3'17.7t
36 06/25/2005 0.00 4,034.22 4,034.22- 580,351.93
,~7 n7Ip.512{313.~ '15,t337.97 4,062.46 i0,975.51 569,376.42
38 08125/2005 15,037.97 3,985.63 11,052.34 558,324.08
39 0912512005 15,037.97 3,908.27 11,129.70 547,194.38
40 10/25/2005 15,037.97 3,830.36 11,207.61 535,886.77
41 11/25/2005 15,037,97 3,751,91 11,286.06 524,700.71
42 12/25/2005 15,037.97 3,672,90 11,385.07 ~13,335.64
2005 Totals 90,227.82 47,000,10 43,227.72
43 0t/25/2006 0.00 3,593,35 3,593.35- 516,928.99
44 G2/2.~/2006 O.OO 3,618,50 3,618.50- 520,547.4g
45 03/2512006 0,00 3,643,83 3,643.83- 524,191.32
46 0412512006 0.00 3,669,34 3,669.34- 527,860.66
47 0612512006 0.00 3,695.02 3,895.02- 531,555.68
48 0612512006 0100 3,720.89 3,720,89- 535,276.57
4~ 0712512006 15,037.97 3,74~.94 11,Z81.03 528,985.54
50 08125/2006 15~037.g7 3,667.90 11,370.07 512,6'15.47
51 09125/2006 15,037,g7 3,588.3'1 11,44g.66 50t,185.81
52 10/25/2006' 15,037.97 3,508.16 tl,529.81 489,636.00
53 11125/2006 15,037.97 3.427,45 t 1,610.52 478,025.48
54 12/25/2006 15~t337.97 3,346.18 I '1,691.79 466,333.69
2006 Totals 90,227,82 43,225,87 47,00'1.95
0.013 3,264.34 3,264.34.- 469,598.03
0.00 3,287,19 3,287.19- 472,885,22
0.00 3,3'10.20 3,310.20- 476,195.42
0.00 3,333.37 3,333.37- 4'79,528.79
0.00 3,356.70 3,356.70- 482,885,49
0.00 3,380.20 3,380.20- 486,265.69
15,037.97 3,403.86 11,634.11 474,631
15,037.97 3,322.42 11,7'15.55 462,916.03
15,037,97 3,240.41 11,797.0U 4~31,11B.4!
15,037.97 3,157.83 11,880.14 439,238.33
15~037.97 3,074,67 1 '1,963.30 427,27,5,03
15,037.97 2,990.93 12,047.04 415,227.99
55 01/25/2007
56 02/2§t2007
57 03125/2007
§8 04/25/2007
59 05t25/2007
60 06/25/2007
61 07/25/2007
62 08/25/2007
63 09/25/2007'
84 10/2512007
05_ 11/2,5/2007
66 12/25/2007
~ 05t10/2002 14:10
3877399328
DOUG' S EXCAVATION
PAr.~ 04/05
05/02/2002 Page 3
Call Gravel Loan
Date
2007 Totals
67 01,/25/2008
66 g2125/2U08
69 03t251200B
70 04125/2005
71 05/25/2008
72 OCJ/251280R
73 07/25/2008
74 08/25/200B
75 09/25/2008
76 1012512008
77 11125/2005
78 12/2512008
2.008 Totale
79 01125/2009
80 02t2512009
81 03/25/2009
82 04/2512009
83 0~/25/2009
84 00/2~I2009
85 07125/2009
86 08/26/200i;)
87 09/2512009
88 1012512009
89 11/25/2009
90 12/25/2009
2009 Totals
91 0'1125/20 t0
92 02t2512010
93 03/25/2010
94 04/25/2010
95 05/25/2010
96 06/25/2010
97 07/25/2010
98 08/25/2010
99 09/25/2010
100 10/25/2010
101 11/2512010
102 12/25/2010
2010 Totals
'103 01/2512011
104 02/25/2011
10,5 03/Z,WZ011
106 04/25/2011
..... Payment
§0,227.82
'0,00
0.00
0.00
15,037.97
I 6,037.97
15,037.97
15,037,97
'15,037.97
15,037,97
90,227,82
0.00
0.00
0.00
0.00
0.00
0.00
15,037,97
t 5,037.37
15,037.97
15,037.97
15,037.97
t 5,037.97
90,227.82
0.00
0.00
O.'00
0,00
0.00
0.00
15,037.97
15,037.97
15,037.97
10,037.97
15,037.97
15,037.§7
gO ,227.82
0.00
0.00
0,00
0.00
Interest
39,122.12
2,906.60
2,926.94
2,947.43
2,368.06
2,988.84
3,009.76
3,030.83
2,846.78
2,862.14
2,776.91
2,69'1.08
2,604.65
34,660.02
2,§17.62
2,535.24
2,552.99
2,570.86
2,588.86
2,806.98
2,625.23
2,538.34
2,450.84
2,362,73
2,274.01
2,184.66
29,808,3§
2,094.09
2,109,35
2,t24.t~
2,138.98
2,153.96
2,169.03
2,184.22
2,094.24
2,003.63
1,9'12.39
1,820.51
1.727.99
24,533.10
1,834.82
1,646.27
1,657,79
1,669.39
Principal
51,105.70
2,90§.60-
2,926.94-
2,947.43-
2,088.06-
2,988.84-
3,009,78-
12,007.14
12,091.19
12,175.83
12,261,06
12,340, $9
12,433,32
55,567.80
2,517.62-
2,535.24..
2,552.139-
2,570.88-
2,58B.86-
2,808.98- -
12,412.74
t 2,493.63
12,587.13
12,675,24
12,763.96
12,853.31
80,419.46
2,094.09-
2,109.35-
2,124.1'I-
2,138.98-
2,153.96-
2,169.03-
12,853.75
12,943.73
13,034.34
'13,125.58
13,217.46
65,694.72
1,634.82-
1,646.27-
1,557.79-
1,669.39-
418,134.59
424-,008.96
.,'1.26,077.02
429,965.86
432.975.62
420,968.48
408,877.29
396,701.46
384,440.40
372,093.51
359,660.t 9
362,177.81
364,713.05
367,266.04
369,836.90
372,425.78
375,032.74
362,620.00
350, t 20.37
337,533~24
324,858.00
312,094.04
299,240.73
301,335.42
303,444.77
307,707.86
308861.82
312030.85
299 177.10
286 233.37
273 199.03
260.073.45
246 855.99
2~3.~46.01
235,180.83
236,827.10
~38,484.89
240,164.28