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Resolution No. R25-50
RESOLUTION NO. R25-50 A RESOLUTION OF THE CITY COUNCIL AUTHORIZING THE MAYOR TO APPLY FOR A LOAN ON BEHALF OF THE CITY OF LAUREL FOR PAYMENT TOWARDS THE PURCHASE OF A FIRE TRUCK. BE IT RESOLVED by the City Council of the City of Laurel, Montana, Section 1: Approval. On the 25th day of June 2024, pursuant to Resolution No. R24- 47, the City of Laurel approved the purchase of a fire truck. At the time of the passage of the Resolution, the City had not yet pursued any financing options. The Mayor now wishes to apply for a loan by and between Yellowstone Bank and the City of Laurel, in order to complete the purchase of the fire truck, in an amount up to Five-Hundred Fifty Thousand Dollars and No Cents ($550,000). Section 2: Execution. The Mayor is hereby given authority to apply for a loan by and between Yellowstone Bank and the City of Laurel, in order to complete the purchase of the fire truck, in an amount up to Five-Hundred Fifty Thousand Dollars and No Cents ($550,000). Introduced at a regular meeting of the City Council on the 22nd day of July, 2025, by Council Member Mackay. PASSED and APPROVED by the City Council of the City of Laurel on the 22nd day of July, 2025. APPROVED by the Mayor on the 22"d day of July, 2025. `,`a«"""" ,,, CITY OF LAUREL ,�G:o OF LA�9F!'' A L Dave Waggoner. MayorSE , ATTEST: e y tre er -Treasurer R25-50 Authorization Loan Application(s)for Fire Truck Purchase APPROVED AS TO FORM: Michele raukmann. -'lvll City Attorney R25-50 Authorization Loan Application(s)for Fire Truck Purchase *HLP0809* AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan No can/Coll Account officer Initials $450,000.00 08-01-2025 08-01-2036 �� References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item An item above containing" 'has been omitted due to text length limitations. Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel,MT 59044 Disbursement Date: August 1, 2025 Repayment Schedule: Balloon interest Rate: 5.000 Calculation Method: 365/365 U.S. Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance_ 1 02-01-2026 27,000.00 11,342.47 15,657.53 434,342.47 2 08-01-2026 27,000.00 10,769.31 16,230.69 418.111.78 2026 TOTALS: 54,000.00 22,111.78 31,888.22 3 02-01-2027 27.000.00 10,538.71 16,461.29 401,650.49 4 08-01-2027 27,000.00 9,958.73 17,041.27 384,609.22 2027 TOTALS: 54,000.00 20,497.44 33,502.56 5 02-01-2028 27,000.00 9,694.26 17,305.74 367,303.48 6 08-01-2028 27,000.00 9,157.43 17,842.57 349,460.91 2028 TOTALS: 54,000.00 18,851.69 35,148.31 7 02-01-2029 27.000.00 8,808.33 18,191.67 331,269.24 6 08-01-2029 27,000.00 8,213.66 18,786.34 312,482.90 2029 TOTALS: 54,000.00 17,021.99 36,978.01 9 02-01-2030 27,000.00 7,876.28 19,123.72 293,359.18 10 08-01-2030 27.000.00 7,273.70 19,726.30 273,632.88 2030 TOTALS: 54,000.00 15,149.98 38,850.02 11 02-01-2031 27.000.00 6,897.05 20,102.95 253,529.93 12 08-01-2031 27,000.00 6,286.15 20,713.85 232,816.08 2031 TOTALS: 54,000.00 13,183.20 40,816.80 13 02-01-2032 27,000.00 5,868.24 21,131.76 211,684.32 14 08-01-2032 27,000.00 5,277.61 21,722.39 189,961.93 2032 TOTALS: 54,000.00 11,145.85 42,854.15 15 02-01-2033 27,000.00 4,788.08 22,211.92 167,750.01 16 08-01-2033 27,000.00 4,159.28 22,840.72 144,909.29 2033 TOTALS: 54,000.00 8,947.36 45,052.64 17 02-01-2034 27,000.00 3,652.51 23,347.49 121,561.80 18 08-01-2034 27,000.00 3,014.07 23,985.93 97,575.87 2034 TOTALS: 54,000.00 6,666,58 47,333.42 19 02-01-2035 27,000.00 2,459.45 24,540.55 73,035.32 20 08-01-2035 27.000.00 1,810.88 25,189.12 47,846.20 2035 TOTALS 54,000.00 4,270.33 49,729.67 21 02-01-2036 27,000.00 1,205.99 25,794.01 22,052.19 22 08-01-2036 22,601.98 549.79 22,052.19 _ 0.00 2036 TOTALS: 49,601.98 1,755.78 47,846.20 TOTALS: 589,601.98 139,601.98 450,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different *HLP0809' AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan No call r con Account Officer Initials $425,000.00 08-01-2025 02-01-2036 1 JJK References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Arty item above containing''"has been omitted due to text length limitations. Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel, MT 59044 Disbursement Date: August 1, 2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S. Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance — 1 02-01-2026 27,000.00 10.712.33 16.287.67 408,712.33 2 08-01-2026 27,000.00 10,133.83 16.866.17 391,846.16 2026 TOTALS: 54,000.00 20,846.16 33,153.84 3 02-01-2027 27.000.00 9,876.67 17,123.33 374,722.83 4 08-01-2027 27,000.00 9,291.07 17,708.93 357,013.90 2027 TOTALS: 54,000.00 19,167.74 34,832.26 5 02-01-2028 27,000.00 8,998.71 18,001.29 339,012.61 6 08-01-2028 27,000.00 8,452.10 18.547.90 320,464.71 2028 TOTALS: 54,000.00 17,450.81 36,549.19 7 02-01-2029 27.000.00 8,077.47 18,922.53 301,542.18 8 08-01-2029 27,000.00 7,476.59 19,523.41 282,018.77 2029 TOTALS: 54,000.00 15,554.06 38,445.94 9 02-01-2030 27,000.00 7,108.42 19,891.58 262,127.19 10 08-01-2030 27,000.00 6,499.32 20,500.68 241,626.51 2030 TOTALS: 54,000.00 13,607.74 40,392.26 11 02-01-2031 27,000.00 6,090.31 20,909.69 220,716.82 12 08-01-2031 27,000.00 5,472.57 21,527.43 199,189.39 2031 TOTALS. 54,000.00 11,562.88 42,437.12 13 02-01-2032 27,000.00 5,020.66 21,979.34 177,210.05 14 08-01-2032 27,000.00 4.418.11 22,581.89 154,628.16 2032 TOTALS: 54,000.00 9,438.77 44,561.23 15 02-01-2033 27,000.00 3,897.48 23,102.52 131,525.64 16 08-01-2033 27,000.00 3.261.12 23,738.88 107,786.76 2033 TOTALS: 54,000.00 7,158.60 46,841.40 17 02-01-2034 27,000.00 2.716.82 24,283.18 83,503.58 18 08-01-2034 27.000.00 2,070.43 24,929.57 58,574.01 2034 TOTALS: 54,000.00 4,787.25 49,212.75 19 02-01-2035 27,000.00 1,476.39 25,523.61 33,050.40 20 08-01-2035 27.000.00 819.47 26.180.53 6.869.87 2035 TOTALS: 54,000.00 2,295.86 51,704A4 21 02-01-2036 7.043.03 173.1E 6,869.87 T 0.00 2036 TOTALS: 7,043.03 173.16 6,869.87 TOTALS: 547,043.03 122,043.03 425,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. "HLP0809' AMORTIZATION SCHEDULE -T Principal Loan Date Maturity Loan No calf r Coll Account 7JJK $400,000.00 08-01-2025 02-01-2035 References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item Any item above containing' '— has been omitted due to text length limitations. Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel, MT 59044 Disbursement Date: August 1,2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S. Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance 1 02-01-2026 27,000.00 10,082.19 16,917.81 383,082.19 2 08-01-2026 27,000.00 9,498.34 17,501.66 365,580.53 2026 TOTALS: 54,000.00 19,580.53 34,419.47 3 02-01-2027 27,000.00 9,214.63 17.785.37 347.795.16 4 08-01-2027 27,000-00 8,623.41 18,376.59 329,418.57 2027 TOTALS: 54,000.00 17,838.04 36,161.96 5 02-01-2028 27,000.00 8,303.15 18,696.85 310,721.72 6 08-01-2028 27,000.00 7,746.76 19,253.24 291,468.48 2028 TOTALS: 54,000.00 16,049.91 37,950.09 7 02-01-2029 27,000-00 7,346.60 19,653.40 271,815.08 8 08-01-2029 27,000-00 6,739.52 20.260.48 251,554.60 2029 TOTALS: 54,000.00 14,086.12 39,913.88 9 02-01-2030 27.000.00 6,340.55 20,659.45 230,895.15 10 08-01-2030 27.000.00 5,724.93 21,275.07 209,620.08 2030 TOTALS: 54,000.00 12,065.48 41,934.52 11 02-01-2031 27,000.00 5,283.57 21,716.43 187,903.65 12 08-01-2031 27,000.00 4,658.98 22,341.02 165,562.63 2031 TOTALS: 54,000.00 9,942.55 44,057.45 13 02-01-2032 27,000.00 4,173.09 22,826-91 142,735.72 14 08-01-2032 27,000.00 3,558.62 23,441.38 119,294.34 2032 TOTALS: 54,000.00 7,731.71 46,268.29 15 02-01-2033 27,000.00 3,006.87 23,993.13 95.301.21 16 08-01-2033 27,000-00 2,362.95 24,637.05 70,664.16 2033 TOTALS: 54,000.00 5,369.82 48,630.18 17 02-01-2034 27,000.00 1,781.12 25,218.88 45,445-28 18 08-01-2034 27,000.00 1,126.79 25,873.21 19,572.07 2034 TOTALS: 54,000.00 2,907.91 51,092.09 19 02-01-2035 20,065.39 493.32 19.572-07 — 0.00 2035 TOTALS: 20,065.39 493.32 19,572.07 TOTALS: 506,065.39 106,065.39 400,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. _. —11Ro V11 25 1 20 003 G Pl--il USA—P.111—1997,2025 All Rlp Ms Rez d W C L15ERP `HLP0809' AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan No Gall/Coll Account Officer Initials $475,000.00 108-01-2025 08-01-2037 JJK References in the boxes above are for Lender's use onl and do nol limit the a licability of this document to any particular loan or item. An item above containing Y." 'has been omitted due to text length limitations, Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel, MT 59044 Disbursement Date: August 1,2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S. RUle Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance 1 02-01-2026 27,000.00 11,972.60 15,027.40 459,972.60 2 08-01-2026 27,000.00 11,404.80 15.595.20 444,377.40 2026 TOTALS: 54,000.00 23,377.40 30,622.60 3 02-01-2027 27.000.00 11,200.75 15,799.25 428,578.15 4 08-01-2027 27,000.00 10,626.39 16,373.61 412,204.54 2027 TOTALS: 54,000.00 21,827.14 32,172.86 5 02-01-2028 27,000.00 10,389.81 16,610.19 395,594.35 6 08-01-2028 27,000.00 9,862.76 17.137.24 378,457.11 2028 TOTALS: 54,000.00 20,252.57 33,747.43 7 02-01-2029 27,000.00 9,539.19 17,460.81 360,996.30 8 08-01-2029 27,000.00 8,950.73 18,04927 342.947.03 2029 TOTALS: 54,000.00 18,489.92 35,510.08 9 02-01-2030 27,000.00 8,64414 18,355.86 324,591.17 10 08-01-2030 27,000.00 8.048.08 18,951.92 305.639.25 2030 TOTALS: 54,000.00 16,692.22 37,307.78 11 02-01-2031 27,000.00 7,703.78 19,296.22 286,343.03 12 08-01-2031 27,000.00 7,099.74 19,90026 266,442.77 2031 TOTALS: 54,000.00 14,803.52 39,196.48 13 02-01-2032 27,000.00 6.715.82 20,284.18 246,158.59 14 08-01-2032 27,000.00 6,137.10 20.862.90 225,295.69 2032 TOTALS: 54,000.00 12,852.92 41,147.08 15 02-01-2033 27,000.00 5,678.69 21,321.31 203,974.38 16 08-01-2033 27,000.00 5.057.45 21.942.55 182,031.83 2033 TOTALS: 54,000.00 10,736.14 43,263.86 17 02-01-2034 27,000.00 4,588.20 22,411.80 159,620.03 18 08-01-2034 27,000.00 3.957.70 23,042.30 136,577.73 2034 TOTALS: 54,000.00 8,545.90 45,454.10 19 02-01-2035 27.000.00 3,442.51 23,557.49 113,020.24 20 08-01-2035 27,000.00 2,802.28 24,197.72 88,822.52 2035 TOTALS: 54,000.00 6,244.79 47,755.21 21 02-01-2036 27,000.00 2,238.81 24,761.19 64,061.33 22 08-01-2036 27,000.00 1,597.15 25,402.85 38,658.48 2036 TOTALS: 54,000.00 3,835.96 50,164.04 23 02-01-2037 27,000.00 974.41 26,025.59 12,632.89 24 08-01-2037 12,946.12 313.23 12,632.89 0.00 2037 TOTALS: 39,946.12 1,287.64 38,658.48 AMORTIZATION SCHEDULE (Continued) Page 2 TOTALS: 633,946.12 158,946.12 475,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. 25124]0]i..aPr na[.ra JaP�arpore[ar'.'l9i]025 +ll llgY.Pesn�e:l -W f.'LASERPP'i FFI?-11 FC 'HLP0809" AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan No Call J Coll Account Officer Initials $500,000.00 1 08-01-2025 08-01-2038 JJK References in the bores above are for Lender's use only and do not limit the applicability of this document to any particular loan or item, Any item above containing— has been ornitted due to text length limitations. Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel,MT 59044 Disbursement Date: August 1, 2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S. Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance 1 02-01-2026 27,000.00 12,602.74 14,397.26 485,602.74 2 08-01-2026 27,000.00 12,040.29 14,959.71 470,643.03 2026 TOTALS: 54,000.00 24,643.03 29,356.97 3 02-01-2027 27.000.00 11.862.78 15,137.22 455,505.81 4 08-01-2027 27,000.00 11,294.05 15,705.95 439,799.86 2027 TOTALS 54,000.00 23,156.83 30,843.17 5 02-01-2028 27,000.00 11,085.37 15,914.63 423,885.23 6 08-01-2028 27,000.00 10,568.10 16,431.90 407,453.33 2028 TOTALS 54,000.00 21,653.47 32,346.53 7 02-01-2029 27,000.00 10,270.06 16,729.94 390.723.39 08-01-2029 27,000.00 9,687.80 17.312.20 373,411.19 2029 TOTALS: 54,000.00 19,957.86 34,042.14 9 02-01-2030 27,000.00 9,412.01 17.587.99 355,823.20 10 08-01-2030 27,000.00 8,822.47 18,177.53 337,645.67 2030 TOTALS 54,000.00 18,234.48 35,765.52 11 02-01-2031 27.000.00 8,510.52 18,489.48 319,156.19 12 08-01-2031 27,000.00 7,913.32 19,086.68 300,069.51 2031 TOTALS: 54,000.00 16,423.84 37,576.16 13 02-01-2032 27,000.00 7,563.40 19,436.60 280.632.91 14 08-01-2032 27.000.00 6.996.60 20.003.40 260,629.51 2032 TOTALS: 54,000.00 14,560.00 39,440.00 15 02-01-2033 27,000.00 6,56929 20.430.71 240,198.80 16 08-01-2033 27,000.00 5,955.61 21,044.39 _ 219,154.41 2033 TOTALS: 54,000.00 12,524.90 41,475.10 17 02-01-2034 27,000.00 5,523.89 21,476.11 197,678.30 18 08-01-2034 27,000.00 4.901.34 22,098.66 175,579.64 2034 TOTALS: 54,000.00 10,425.23 43,574.77 19 02-01-2035 27,000.00 4.425.57 22.574.43 153,005.21 20 08-01-2035 27.000.00 3,793.69 23,206.31 129,798.90 2035 TOTALS: 54,000.00 8,219.26 45,780.74 21 02-01-2036 27.000.00 3,271.64 23,728.36 106,070.54 22 08-01-2036 27.000.00 2.644.50 24.355.50 81.715.04 2036 TOTALS 54,000.00 5,916.14 48,083.86 23 02-01-2037 27,000.00 2,059.67 24,940.33 56,774.71 24 08-01-2037 27,000.00 1,407.70 25.592.30 31,182.41 2037 TOTALS: 54,000.00 3,467.37 50,532.63 AMORTIZATION SCHEDULE (Continued) Page 2 25 0?-01-2.038 27,000.00 26.214.03 4,968.38 26 08-01-2038 5.091.57 4,968.38 0.00 2038 TOTALS: 32,091.57 909.16 31,182.41 L TOTALS: 680.091.57 180,091.57 600,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. *HLP0809* AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan No can 1 Colt Account Officer Initials $525,000.00 08-01-2025 02 01-2039 �'�K References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. An item above containing """"has been omitted due to text length limitations. Borrower: city of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel, MT 59044 Disbursement Date: August 1,2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S.Rule, Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance 1 02-01-2026 27,000.00 13.232.88- -- 13,767.12 511,232.88 2 08-01-2026 27,000.00 12,675.77 14,32423 496,908.65 2026 TOTALS: 54,000.00 25,908.65 28,091.35 3 02-01-2027 27,000.00 12,524.82 14,475.18 482,433.47 4 08-01-2027 27,000.00 11,961.71 15,038.29 467,395.18 2027 TOTALS: 54,000.00 24,486.53 29,513.47 5 02-01-2028 27,000.00 11,780.92 15,219.08 452,176.10 6 08-01-2028 27,000.00 11,273.43 15,726.57 436,449.53_ 2028 TOTALS 54,000.00 23,054.35 30,945.65 7 02-01-2029 27,000.00 11,000.92 15,999.08 420,450.45 6 08-01-2029 27,000.00 10,424.87 16.575.13 403,875.32 2029 TOTALS: 54,000.00 21,425.79 32,574.21 9 02-01-2030 27,000.00 10,179.87 16,820.13 387,055.19 10 08-01-2030 27,000.00 9,596.85 17,403.15 369,652.04 2030 TOTALS: 54,000.00 19,776.72 34,223.28 11 02-01-2031 27,000.00 9.317.26 17,682.74 351,969.30 12 08-01-2031 27,000.00 8,726.91 18,273.09 333.696.21 2031 TOTALS: 54,000.00 18,044.17 35,955.83 13 02-01-2032 27,000.00 8,410.97 18,589.03 315,107.18 14 08-01-2032 27,000.00 7,856.10 19,143.90 295.96328 2032 TOTALS: 54,000.00 16,267.07 37,732.93 15 02-01-2033 27,000.00 7,459.90 19,540.10 276,423.18 16 08-01-2033 27,000.00 6,853.78 20,146.22 256,276.96 2033 TOTALS: 54,000.00 14,313.68 39,686.32 17 02-01-2034 27,000.00 6.459.58 20,540.42 235,736.54 18 08-01-2034 27,000.00 5,844.97 21,155.03 214,581.51 2034 TOTALS: 54,000.00 12,304.55 41,695.45 19 02-01-2035 27,000.00 5,408.63 21,591.37 192,990.14 20 08-01-2035 27,000.00 4.785.10 22.214.90 170.775.24 2035 TOTALS: 54,000.00 10,193.73 43,806.27 21 02-01-2036 27,000.00 4,304.47 22,695.53 148,079.71 22 08-01-2036 27,000.00 3,691.85 23,308.15 124,771.56 _ 2036 TOTALS: 54,000.00 7,996.32 46,003.68 23 02-01-2037 27,000.00 3.144.93 23,855.07 100,916.49 24 08-01-2037 27.000.00 2,502.18 24,497.82 76,418.67 2037 TOTALS• 54,000.00 5,647.11 48,352.89 AMORTIZATION SCHEDULE (Continued) Page 2 25 02-01-2038 27.000.00 1,926.17 25.073.83 51,344.84 26 08-01-2038 27.000.00 1,273.07 25.726.93 25,617.91 2038 TOTALS: 54,000.00 3,199.24 50,800.76 27 02-01-2039 26,263.62 645.71 25,617.91 0.00 2039 TOTALS: 26,263.62 645.71 25,617.91 TOTALS: 728,263.62 203,263.62 525,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts _ — �„ *HLP0809* AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan No call r Coll Account Officer Initials $550,000.00 08-01-2025 02-01-2040 JJK References in the boxes above are for Lender's use do not limit the applicability of this document to any particular loan or item. Any item above contain OMY and. has been omitted due to text length limitations. Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel,MT 59044 Disbursement Date: August 1,2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 3651365 U.S. Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance-- 1 02-01-2026 27,000.00 13,863.01 13,136.99 536,863.01 2 08-01-2026 27,000.00 13,311.26 13.688.74 523.174.27 2026 TOTALS: 54,000.00 27,174.27 26,825.73 3 02-01-2027 27,000.00 13,186.86 13,813.14 509,361.13 4 08-01-2027 27,000.00 12.629.37 14,370.63 494,990.50 2027 TOTALS: 54,000.00 25,816.23 28,183.77 5 02-01-2028 27,000.00 12,476.47 14,523.53 480,466.97 6 08-01-2028 27,000.00 11.978.77 15,021.23 465,445.74 2028 TOTALS: 54,000.00 24,455.24 29,544.76 7 02-01-2029 27,000.00 11,731.78 15.26822 450,177.52 8 08-01-2029 27,000.00 11,161.94 15,838.06 434,339 46 2029 TOTALS: 54,000.00 22,893.72 31,106.28 9 02-01-2030 27,000.00 10,947.73 16,052.27 418.287.19 10 08-01-2030 27.000.00 10,371.23 16,628.77 401,658.42 2030 TOTALS: 54,000.00 21,318.96 32,681.04 11 02-01-2031 27,000.00 10.123.99 16,876.01 384,782.41 12 08-01-2031 27.000.00 9,540.50 17,459.50 367,322.91 2031 TOTALS: 54,000.00 19,664.49 34,335.51 13 02-01-2032 27.000.00 9,258.55 17,741.45 349,581.46 14 08-01-2032 27,000.00 8,715.59 18,284.41 331,297.05 2032 TOTALS: 54,000.00 17,974.14 36,025.86 15 02-01-2033 27,000.00 8,350.50 18.649.50 312,647.55 16 08-01-2033 27,000.00 7,751.95 19,248.05 293,399.50 2033 TOTALS: 54,000.00 16,102.45 37,897.55 17 02-01-2034 27,000.00 7,395.28 19,604.72 273,794.78 18 C8-01-2034 27.000.00 6,788.61 20,211.39 253,583.39 2034 TOTALS: 54,000.00 14,183.89 39,816.11 19 02-01-2035 27,000.00 6,391.69 20,608.31 232,975.08 20 08-01-2035 27.000.00 5,776.51 21,223.49 211,751.59 2035 TOTALS: 54,000.00 12,168.20 41,831.80 21 02-01-2036 27.000.00 5.337.30 21,662.70 190,038.89 22 08-01-2036 27,000.00 4.73920 22,260.80 167,828.09 2036 TOTALS: 54,000.00 10,076.50 43,923.50 23 02-01-2037 27,000.00 4,230.19 22,769.81 145,05828 24 08-01-2037 27,000.00 3.596.65 23,403.35 `- _ 121.654.93 2037 TOTALS: 54,000.00 7,826.84 46,173.16 AMORTIZATION SCHEDULE (Continued) Page 2 25 02-01-2038 27.000.00 3,066.37 23,933.63 97,721.30 26 08-01-2038 27,000.00 2,422.95 24,577.05 _ _ 73,144.25- 2038 TOTALS: 54,000.00 5,489.32 48,510.68 1,843.64 25,156.36 47,987.89 27 02-01-2039 27,000.00 1,189.84 25,810.16 22,177.73 28 08-01-2039 27,000-00 2039 TOTALS: 54,000.00 3,033.48 50,966.52 29 02-01-2040 22,736.73 559.00 22.177.73 0.00 2040 TOTALS 22,736.73 559.00 22,177.73 TOTALS: - , 778,736.73 228,736.73 550,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. ___ -. ,., -..,._ !o w c,p,� ..�sa...,_-a. •,n'znzz > - --��.i a- -�,_e-..c- :_,,,-� 'HLP0809' AMORTIZATION SCHEDULE Principal Loan Date I Maturity I Loan No call/Coll Account Officer Initials $400 000.00 08-01-2025 02-01-2040 ! JJK References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing """"has been omitted due to text length limitations. Borrower: city of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel, MT 59044 Disbursement Date: August 1, 2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S.Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance 1 02-01-2026 20.000.00 10,082.19 9,917.81 390,082.19 2 08-01-2026 20,000.00 9,671.90 10,328.10 379,754.09 2026 TOTALS: 40,000-00 19,754.09 20,245.91 3 02-01-2027 20,000.00 9.571.88 10,428-12 369,325.97 4 08-01-2027 20,000.00 9,157-26 10,842.74 358,483-23 2027 TOTALS: 40,000.00 18,729.14 21,270.86 5 02-01-2028 20,000.00 9.035.74 10,964.26 347,518.97 6 08-01-2028 20,000.00 8,664.17 11,335-83 336.183.14 2028 TOTALS: 40,000.00 17,699.91 22,300-09 7 02-01-2029 20,000.00 8,473-66 11.526-34 324,656.80 8 08-01-2029 20,000.00 8,049.71 11,950.29 312,706 51 2029 TOTALS: 40,000.00 16,523.37 23,476-63 9 02-01-2030 20,000.00 7,881.92 12,118.08 300,588.43 10 08-01-2030 20,000.00 7,452.95 -12,547.05 288.041.38 2030 TOTALS: 40,000.00 15,334.87 24,665.13 11 02-01-2031 20,000.00 7,260.22 12,739.78 275,301.60 12 08-01-2031 20.000-00 6,825.97 13.174.03 262,127.57 2031 TOTALS: 40,000.00 14.086.19 25,913.81 13 02-01-2032 20,000-00 6,607.05 13,392.95 248,734.62 14 08-01-2032 20,000.00 6,201.33 13,798-67 234,935-95 2032 TOTALS: 40,000.00 12,808.38 27,191.62 15 02-01-2033 20,000.00 5,921.67 14,078.33 220,857-62 16 08-01-2033 20,000.00 5.476-06 14,523.94 206,333.68 2033 TOTALS: 40,000.00 11,397.73 28,602-27 17 02-01-2034 20,000.00 5,200.74 14,799 26 191,534.42 18 08-01-2034 20.000.00 4,749.00 15,251.00 176,283.42 2034 TOTALS: 40,000.00 9,949.74 30,050.26 19 02-01-2035 20,000.00 4,443.31 15.556.69 160,726-73 20 08-01-2035 20,000.00 3,985.14 16.014.86 144,711.87 2035 TOTALS: 40,000.00 8,423.45 31,571.55 21 02-01-2036 20,000.00 3,647.53 16.352.47 128.359.40 22 08-01-2036 20,000.00 3,200-19 16.799.81 111,559.59 2036 TOTALS: 40,000.00 6,847.72 33,152.28 23 02-01-2037 20,000-00 2,811.91 17,188-09 94,371.50 24 08-01-2037 20,000.00 2,339.90 17,660-10 76,711-40 2037 TOTALS: ^� 40,000.00 5,151.81 34,848.19 AMORTIZATION SCHEDULE (Continued) Page 2 25 02-01-2038 20.000.00 1,933.55 18,066.45 58,644.95 28 08-01-2038 20.000.00 1,454.07 18,545.93 40,099.02 2038 TOTALS: 40,000.00 3,387.62 36,612.38 27 02-01-2039 20,000.00 1,010.72 18,989.28 21.109.74 28 08-01-2039 20,000.00 523.41 19,476.59 - 1.633.15 2039 TOTALS: 40,000.00 1,534.13 38,465.87 29 02-01-2040 1,674.31 41.16 1,633.15 0.00 2040 TOTALS 1,674.31 41.16 1,633.15 TOTALS: 561,674.31 161,674.31 400,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. S `HLP0809" AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan No Call/Coll Account Officer Initia{s $425,000.00 1 08-01-2025 02-01-2041 1 1 JJK References;n the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing"""'has been omitted due to text length limitations_ Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel,MT 59044 Disbursement Date: August 1,2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S. Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance 1 02-01-2026 20,000.00 10,712.33 J 9,287.67 415,712.33 2 08-01-2026 20,000.00 10,307.39 9,692.61 406,019.72 2026 TOTALS: 40,000.00 21,019.72 18,980.28 3 02-01-2027 20,000.00 10,233-92 9,766-08 396,253.64 4 08-01-2027 20,000.00 9,824.92 10.175.08 386,078.56 2027 TOTALS: 40,000-00 20,058.84 19,941.16 5 02-01-2028 20,000.00 9,731.30 10,268.70 375,809.86 6 08-01-2028 20,000-00 9,369.51 10,630.49 365,179.37 2028 TOTALS: 40,000.00 19,100.81 20,899.19 7 02-01-2029 20.000-00 9,204.52 10,795.48 354,383.89 8 08-01-2029 20,000.00 8,786.78 11,213.22 343,170.67 2029 TOTALS: 40,000.00 17,991.30 22,008.70 9 02-01-2030 20,000.00 8,649.78 11,350.22 331,820.45 10 08-01-2030 20,000-00 8,227.33 11,772-67 320,047.78 2030 TOTALS: 40,000-00 16,877.11 23,122.89 11 02-01-2031 20.000.00 8,066.96 11.933.04 308,114.74 12 08-01-2031 20,000.00 7,639-56 12,360.44 295,754.30 2031 TOTALS: 40,000.00 15,706.52 24,293.48 13 02-01-2032 20.000.00 7,454-63 12,545.37 283,208.93 14 08-01-2032 20.000-00 7,060.83 12,939.17 270,269.76 2032 TOTALS 40,000.00 14,515.46 25,484.54 15 02-01-2033 20,000.00 6,812.28 13,187.72 257,082.04 16 08-01-2033 20,000.00 6,374.23 13,625.77 243,456.27 2033 TOTALS: 40,000.00 13,186.51 26,813.49 17 02-01-2034 20,000.00 6,136.43 13,863.57 229,592-70 18 08-01-2034 20.000 00 5,692.64 14,307.36 215,285.34 2034 TOTALS: 40,000.00 11,829.07 28,170.93 19 02-01-2035 20,000-00 5,426.37 14,573.63 200,711.71 20 08-01-2035 20,000.00 4,976.55 15.023.45 185,688.26 2035 TOTALS: 40,000.00 10,402.92 29,597.08 21 02-01-2036 20,000-00 4,680.36 15,319.64 170,368.62 22 08-01-2036 20.000-00 4,247.55 15.752-45 _ 154,616.17 2036 TOTALS: 40,000.00 8,927.91 31,072.09 23 02-01-2037 20,000.00 3,897.17 16.102.83 138,513-34 24 08-01-2037 20,000.00 3,434-37 16,565.63 121,947.71 2037 TOTALS: 40,000.00 7,331.54 32,668.46 AMORTIZATION SCHEDULE (Continued) Page 2 25 02-01-2038 20,000.00 3.073.75 16,926.25 105,021.46 26 08-01-2038 20,000-00 2.603.96 17,396.04 _ 87,625.42 2038 TOTALS: J 40,000.00 5,677.71 34,322.29 27 02-01-2039 20,000.00 2,208.64 17,791.36 69,834.06 28 08-01-2039 20,000.00 1.731.50 18,268.50 51,565.56 2039 TOTALS: 40,000.00 3,940.14 36,059.86 29 02-01-2040 20,000.00 1,299.73 18,700.27 32,865.29 30 08-01-2040 20,000-00 819.38 _ 19,180.62 13,684.67 2040 TOTALS: 40,000.00 2,119.11 37,880.89 31 02-01-2041 14,029.60 344.93 13,684.67 0.00 2041 TOTALS: 14,029.60 344.93 13,684.67 TOTALS: 614,029.60 189,029.60 425,000.00 NOTICE: This is an estimated loan amortization schedule_ Actual amounts may vary if payments are made on different dates or in different amounts. 'HLP0809' AMORTIZATION SCHEDULE Principal Loan Date Maturity LoaIN o call r con Account Officer Initials $450,000.00 08-01-2025 08-01 .2042 JJK References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containirg I13s been omitted due to text length limitations. Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1 st Avenue PO Box 7 Laurel, MT 59044 Disbursement Date: August 1. 2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S.Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance 1 02-01-2026 20,000.00 11.342.47 8,657.53 441,342.47 2 08-01-2026 20,000.00 10,942.87 9,057.13 432,285.34 2026 TOTALS: 40,000.00 22,285.34 17,714.66 3 02-01-2027 20,000.00 10,895.96 9,104.04 423,181.30 4 08-01-2027 20,000.00 10.492.58 9,507.42 413.673.88 - 2027 TOTALS: 40,000.00 21,388.54 18,611.46 5 02-01-2028 20,000.00 10.426.85 9,573.15 404,100.73 6 08-01-2028 20,000.00 10,074.84 9,925.16 394,175.57 2028 TOTALS A 40,000.00 20,501.69 19,498.31 7 02-01-2029 20,000.00 9,935.38 10,064.62 384,110.95 8 08-01-2029 20.000.00 9,523.85 10,476.15 373,634.80 2029 TOTALS: 40,000.00 19,459.23 20,540.77 9 02-01-2030 20,000.00 9,417.64 10.582.36 363,052.44 10 08-01-2030 20,000.00 9,001.71 10,998,29 352,054.15 2030 TOTALS:— 40,000.00 18,419.35 21,580.65 11 02-01-2031 20,000.00 8,873.69 11,126.31 340,927.84 12 08-01-2031 20,000.00 8,453.14 _ 11,546.86 _ 329,380.98 2031 TOTALS: 40,000.00 i 17,326.83 22,673.17 13 02-01-2032 20,000.00 8,302.21 11,697.79 317,683.19 14 08-01-2032 20,000.00 7,920.32 12,079.68 305,603.51 2032 TOTALS: 40,000.00 16,222.53 23,777.47 15 02-01-2033 20,000.00 7,702.88 12,297.12 293,306.39 16 08-01-2033 20,000.00 7,272.39 12,727.61 280,578.78 2033 TOTALS: 40,000.00 14,975.27 25,024.73 17 02-01-2034 20,000.00 7,072.12 12.927.88 267,650.90 18 08-01-2034 20,000.00 6,636.28 13.363 72 254,287.18 2034 TOTALS: 40,000.00 13,708.40 26,291.60 19 02-01-2035 20,000.00 6,409.43 13,590 57 240,696.61 20 08-01-2035 20,000.00 5,967.96 14,032 04 226,664.57 2035 TOTALS: 40,000.00 12,377.39 27,622.61 21 02-01-2036 20,000.00 5,713.19 14,286.81 212,377.76 22 08-01-2036 20,000.00 5,294.90 14.705.10 _ 197,672.66 2036 TOTALS: 40,000.00 11,008.09 28,991.91 23 02-01-2037 20,000.00 4,982.43 15,017.57 182,655.09 24 08-01-2037 20,000,00 4,528.85 15,471.15 167.183.94 2037 TOTALS: 40,000.00 9,511.28 30,488.72 AMORTIZATION SCHEDULE (Continued) Page 2 25 02-01-2038 20,000.00 4,213.95 15,786 05 151,397,89 26 08-01-2038 20,000.00 3,753.84 16,246,16 135,151.73 2038 TOTALS: 40,000.00 7,967.79 32,032.21 27 02-01-2039 20,000.00 3,406.56 16,593.44 118,558.29 28 08-01-2039 20,000.00 2,939.60 17,060.40 101,497.89 2039 TOTALS: 40,000.00 6,346.16 33,653.84 ^^ 02-01-2040 20,000.00 2,558.30 17,441.70 84,056.19 08-01-2040 20,000.00 2,095.65 17,904.35 66,151_84 2040 TOTALS: 40,000.00 4,653.95 35,346.05 31 02-01-2041 20,000.00 1,667.39 18,332.61 47,819.23 32 08-01-2041 20,000.00 1,185.65 18,814.35 29,004.88 2041 TOTALS 40,000.00 2,853.04 37,146.96 33 02-01-2042 20,000.00 731.08 19,268.92 9,735-96 34 08-01-2042 9,977.36 241.40 9,735.96 0.00 2042 TOTALS: 29,977.36 972.48 29,004.88 TOTALS: 669,977.36 219,977.36s 450,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. 'HLP0809" AMORTIZATION SCHEDULE Principal �Loan Date� Maturity Loan No call con Account Officer Initials 08-01-2025 102-01-2044I JJK References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item. Any item above containing has been omitted due to text length limitations. Borrower: City of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel, MT 59044 Disbursement Date: August 1, 2025 Repayment Schedule: Balloon Interest Rate: 5 000 Calculation Method: 3651365 U.S.Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid — Balance 1 02-01-2026 20,000.00 11,972.60 8,027.40 466,972.60 2 08-01-2026 20,000.00 11.578.36 8,421.64 458,550.96 2026 TOTALS: 40,000-00 - 23,550.96 16,449.04 3 02-01-2027 20,000.00 11,558.00 8.442-00 450,108.96 4 08-01-2027 20,000.00 11,160.24 8,839.76 441,269.20 2027 TOTALS: 40,000.00 22,718.24 17,281.76 5 02-01-2028 20,000.00 11,122-40 8,877.60 432.391.60 6 08-01-2028 20,000.00 10,780.17 9,219.83 423,171.77 2028 TOTALS: 40,000-00 21,902.57 18,097-43 7 02-01-2029 20,000.00 10,666-25 9,333.75 413,838.02 8 08-01-2029 20,000.00 10,260.92 9,739.08 404,098.94 2029 TOTALS: 40,000.00 20,927.17 19,072.83 9 02-01-2030 20,000.00 10,185.51 9,814.49 394,284.45 10 08-01-2030 20,000.00 9,776.09 10,223.91 384,060.54 2030 TOTALS• 40,000.00 19,961.60 20,038.40 11 02-01-2031 20,000.00 9,680.43 10.319.57 373,740.97 12 08-01-2031 20,000.00 9,266.73 10,73327 363.007.70 2031 TOTALS: 40,000.00 18,947.16 21,052.84 13 02-01-2032 20,000.00 9,149.78 10.850.22 352,157.48 14 08-01-2032 20,000.00 8,779.82 11,220.18 340,937.30 2032 TOTALS: 40,000.00 17,929.60 22,070.40 15 02-01-2033 20,000.00 8,593.49 11,406.51 329,530.79 16 08-01-2033 20.000.00 8,170.56 11,829.44 317,701.35 2033 TOTALS: 40,000.00 16,764.05 23,235.95 17 02-01-2034 20,000.00 8,007.81 11,992.19 305,709.16 18 08-01-2034 20,000.00 7,579.91 12,420.09 293,289.07 2034 TOTALS: 40,000.00 15,587.72 24,412.28 19 02-01-2035 20,000.00 7,392.49 12,607.51 280,681.56 20 08-01-2035 20,000.00 6,959.36 13,040.64 267,640.92 2035 TOTALS: 40,000.00 14,351.85 25,648.15 21 02-01-2036 20,000.00 6,746.02 13,253.98 254,386.94 22 08-01-2036 20.000.00 6,342.25 13,657.75 240,729.19 2036 TOTALS: 40,000.00 13,088.27 26,911.73 23 02-01-2037 20,000.00 6,067.69 13,932.31 226,796.88 24 08-01-2037 20,000.00 5,623.32 14,376.68 212,420.20 2037 TOTALS: 40,000.00 11,691.01 28,308.99 AMORTIZATION SCHEDULE (Continued) Page 2 25 02-01-2038 20.000.00 5,354-15 14,645.85 197,774.35 26 08-01-2038 20,000-00 4,903.72 15,096.28 182,678.07 2038 TOTALS: 40,000.00 10,257.87 29,742.13 27 02-01-2039 20,000.00 4,604.49 15,395.51 167,282.56 28 08-01-2039 20,000-00 4.147-69 15,852.31 151,430.25 2039 TOTALS: 40,000.00 8,752.18 31,247.82 29 02-01-2040 20,000.00 3,816.87 16.183.13 135,247.12 30 08-01-2040 20,000.00 3,371.91 16,62&09 118,619.03 2040 TOTALS: 40,000.00 7,188.78 32,811.22 31 02-01-2041 20,000.00 2,989.85 17.010-15 101,608-88 32 08-01-2041 20,000.00 2,519.34 17,480.66 84,128-22 2041 TOTALS: 40,000.00 5,509.19 34,490.81 33 02-01-2042 20,000.00 2,120.49 17,879.51 66,248.71 34 08-01-2042 20,000.00 1,642-61 18,357.39 47,891.32 2042 TOTALS: 40,000.00 3,763.10 36,236.90 35 02-01-2043 20,000.00 1,207.12 18,792.88 29,098.44 36 08-01-2043 20,000.00 721.48 19,278.52 9,819.92 2043 TOTALS: 40,000.00 1,928.60 38,071.40 37 02-01-2044 10.067.44 247.52 9,819-92 0.00 2044 TOTALS: 10,067.44 247.52 9,819.92 TOTALS: 730,067.44 255,067.44 475,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts. `HLP0809" AMORTIZATION SCHEDULE Principal Loan Date Maturity Loan Na call toll Account Officer Initials $500,000.00 08-01-2025 08-01-2045 JJK References in the boxes above are for Lender's use only and do not limit the applicability of this document to any particular loan or item Any item above containing"I"' has been omitted due to text length limitations. Borrower: city of Laurel Lender: YELLOWSTONE BANK 12 1st Avenue PO Box 7 Laurel,MT 59044 Disbursement Date: August 1,2025 Repayment Schedule: Balloon Interest Rate: 5.000 Calculation Method: 365/365 U.S. Rule Payment Payment Payment Interest Principal Remaining Number Date Amount Paid Paid Balance _— 1 _-- --02-01-2026 20,000.00 12,602.74 7,397.26 492,602.74 2 08-01-2026 20,000-00 12,213.85 7,786.15 484,816.59 2026 TOTALS: 40,000.00 24,816.59 15,183.41 3 02-01-2027 20,000.00 12.220.03 7,779.97 477.036.62 4 08-01-2027 20,000.00 11,827.89 8,172.11 468,864.51 2027 TOTALS: 40,000.00 24,047.92 15,952.08 5 02-01-2028 20,000.00 11.817.95 8.182.05 460,682.,16 6 08-01-2028 20,000.00 11,485-51 8,514.49 452,167.97 2028 TOTALS: 40,000.00 23,303.46 16,696.54 7 02-01-2029 20,000.00 11.397.11 8,602-89 443,565.08 8 08-01-2029 20,000.00 10,997.98 9,002.02 434,563.06 2029 TOTALS: 40,000.00 22,395.09 17,604.91 9 02-01-2030 20,000.00 10,953.37 9,046.63 425,516.43 10 08-01-2030 20,000.00 10,550.48 9,449.52 416,066.91 2030 TOTALS: 40,000.00 21,503.85 18,496.15 11 02-01-2031 20.000-00 10,487.17 9,512.83 406,554.08 12 08-01-2031 20,000.00 10.080.31 9,919.69 — 396.634.39 2031 TOTALS: 40,000.00 20,567.48 19,432.52 13 02-01-2032 20,000.00 9,997.36 10,002.64 386,631.75 14 08-01-2032 20.000.00 9,639.31 10,360.69 376,271-06 2032 TOTALS: 40,000.00 v 19,636.67 20,363.33 15 02-01-2033 20,000.00 9.484.09 10,515.91 365,755.15 16 08-01-2033 20,000 00 9 068 72 10,931.28 354,823.87 2033 TOTALS: 40,000.00 18,552.81 21,447.19 17 02-01-2034 20,000.00 8,943.51 11,056.49 343,767.38 18 08-01-2034 20,000-00 8.523.55 11,476.45 332,290.93 2034 TOTALS: 40,000.00 17,467.06 22,532.94 19 02-01-2035 20,000.00 8,375.55 11,624.45 320,666-48 20 08-01-2035 20,000.00 7,950.77 12,049-23 308,617.25 2035 TOTALS: 40,000.00 16,326.32 23,673.68 21 02-01-2036 20,000.00 7,778.85 12,221.15 296.396.10 22 08-01-2036 20.000-00 7,389.60 12,610.40 283,785.70 2036 TOTALS: 40,000.00 15,168.45 24,831.55 23 02-01-2037 20.000.00 7,152.95 12,847.05 270,938.65 24 08-01-2037 20,000.00 6,717.79 13.282.21 _ 257,656.44 2037 TOTALS 40,000.00 13,870.74 26,129.26 AMORTIZATION SCHEDULE (Continued) Page 2 25 02-01-2038 20,000.00 6,494.35 13,505.65 244,150.79 6,053.60 _13_946.40 230-204.39 26 08-01-2038 20,000.00 2038 TOTALS: 40,000.00 12,547.95 27,452.05 27 02-01-2039 20.000-00 5,802-41 14,197-59 216,006.80 28 08-01-2039 20,000.00 5,355.79 14_644_21_ 201,362.59 2039 TOTALS: 40,000.00 11,158.20 28,841.80 29 02-01-2040 20,000-00 5,075.44 14,924.56 186,438-03 30 OS-01-2040 20,000.00 4,648.18 15.351.82 171,086.21 2040 TOTALS: 40,000.00 9,723.62 30,276.38 31 02-01-2041 20,000-00 4,312.31 15,687.69 155,398.52 32 08-01-2041 20,000-00 3.853.03 16,146.97 139,251.55 2041 TOTALS: 40,000.00 8,165.34 31,834.66 3,509.90 16,490.10 122.761.45 33 02-01-2042 20,000.00 3,043.81 1^a,956.19 105,805.26 34 08-01-2042 20,000-00 2042 TOTALS: 40,000.00 6,553.71 33,446.29 35 02-01-2043 20,000-00 2,666.87 17,333.13 88,472.13 38 08-01-2043 20,000.00 2.193.62 17,806.38 70,665-75 2043 TOTALS: 40,000.00 4,860.49 35,139.51 1,781.16 1B.218.84 52.446.91 37 02-01-2044 20,000.00 1,307.58 18,692.42 33,754.49 38 08-01-2044 20,000-00 2044 TOTALS: 40.000.00 3,088.74 36,911.26 39 02-01-2045 20,000.00 850.80 19,149.20 14,605.29 40 08-01-2045 14,967.42 362.13 14,605.29 - 2045 TOTALS: 34,967.42 1,212.93 33,754.49 TOTALS: 794,967.42 294,967.42 500,000.00 NOTICE: This is an estimated loan amortization schedule. Actual amounts may vary if payments are made on different dates or in different amounts.