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<br />e <br /> <br />e <br /> <br />CLS <br />Declining Balance <br /> <br />CITY OF LA PORTE GOLF COURSE <br />Amortization Schedule <br />RESIDENT SENIOR CITIZEN <br /> <br />Page: 1 <br />Run Date: 10/25/04 <br /> <br />Principal: <br />Term: <br /> <br />500.00 <br />11 Payments <br /> <br />Annual Interest Rate: 10.000 <br />Payments per Year: 12 <br /> <br />Pmt. Date <br />No. Due <br /> <br />Date <br />Paid <br /> <br />Payment <br />Amount <br /> <br />Interest <br />Expense <br /> <br />Principal <br />Reduction <br /> <br />Payoff <br />Amount <br /> <br />-------------------------------------------------------------------------------- <br />-------------------------------------------------------------------------------- <br /> <br /> 500.00 <br />1 1/01/05 . . . . . . . . 47.76 4.17 43.59 456.41 <br />2 2/01/05 . . . . . . . . 47.76 3.80 43.96 412.45 <br />3 3/01/05 . . . . . . . . 47.76 3.44 44.32 368.13 <br />4 4/01/05 . . . . . . . . 47.76 3.07 44.69 323.44 <br />5 5/01/05 . . . . . . . . 47.76 2.70 45.06 278.38 <br />6 6/01/05 . . . . . . . . 47.76 2.32 45.44 232.94 <br />7 7/01/05 . . . . . . . . 47.76 1. 94 45.82 187.12 <br />8 8/01/05 . . . . . . . . 47.76 1. 56 46.20 140.92 <br />9 9/01/05 . . . . . . . . 47.76 1.17 46.59 94.33 <br />10 10/01/05 . . . . . . . . 47.76 0.79 46.97 47.36 <br />11 11/01/05 . . . . . . . . 47.75 0.39 47.36 0.00 <br /> <br />Total <br /> <br />525.35 <br /> <br />25.35 <br /> <br />500.00 <br /> <br />0.00 <br /> <br />-------------------------------------------------------------------------------- <br />-------------------------------------------------------------------------------- <br />