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NDC Covenant Village in Belle Glade - 144 Units

Schedule L: Debt Service Schedule

Annual from opening

  Total 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998
4 661 1st Mortgage Interest 528781 21375 255092 252314                  
4 671 1st Mortgage Amortization 60964 2215 27986 30763                  
Subtotal: 589745 23590 283078 283078                  
                           
5 662 2cd Mortgage Interest 136125 1125 13500 13500 13500 13500 13500 13500 13500 13500 13500 13500  
5 672 2cd Mortgage Amortization                          
Subtotal: 136125 1125 13500 13500 13500 13500 13500 13500 13500 13500 13500 13500  
                           
2 663 3rd Mortgage Interest 2,171,843       255312 252556 249527 246197 242537 238513 234090 229228 223884
2 673 3rd Mortgage Amortization 375857       27766 30522 33551 36881 40541 44565 48988 53850 59194
Subtotal: 2,547,699       283078 283078 283078 283078 283078 283078 283078 283078 283078
                           
4 641 Credit Enhancement                          
                           
Total 3,273,570 24715 296578 296578 296578 296578 296578 296578 296578 296578 296578 296578 283078


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