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Page 3 <br />SCHEDULE OF PAYMENTS <br />1999 CERTIFICATES OF INDEBTEDNESS - <br />FEBRUARY 1, 1998 <br />PRINCIPAL INTEREST TOTAL <br />December 31, 2000 $ 102,570.00 $ 35,370.00 $ 137,940.00 <br />December 31, 2001 102,500.00 12,300.00 114,800.00 <br />December 31, 2002 102,500.00 6,150.00 108,650.00 <br />Total $ 307,570.00 $ 53,820.00 $ 361,390.00 <br />Interest Rate - 6% <br />Levy 1999 Payable 2000 <br />Levy 2000 Payable 2001 <br />Levy 2001 Payable 2002 <br />$144,837.00 (includes 5% overlevy) <br />120,540.00 <br />114,082.00 <br />Total $379,459.00 <br />AGENDA ITEM 4-C <br />