05. Receipt for Governmental Note - Vista Breeze
4894-5790-2983.3
RECEIPT FOR GOVERNMENTAL LENDER NOTE
December 15, 2023
RECEIPT IS HEREBY ACKNOWLEDGED, by delivery thereof to the undersigned,
of the Housing Finance Authority of Miami-Dade County, Florida Multifamily Housing Revenue
Note, Series 2023 (Vista Breeze), in the principal amount of $32,500,000, maturing on July 1,
2057, a copy of which is attached hereto.
[Remainder of page intentionally left blank]
BY ITS ACQUISITION HEREOF, THE HOLDER OF THIS NOTE AGREES (A) THAT,
(I)IF APPLICABLE, IT HAS EXECUTED A TRANSFEREE REPRESENT A TIO NS
LETTER IN SUBSTANTIALLY THE FORM REQUIRED BY THE FUNDING LOAN
AGREEMENT, AND (II) THAT IT WILL NOT SELL OR OTHERWISE TRANSFER
THIS NOTE, OR ANY INTERESTS HEREIN, EXCEPT AS PROVIDED IN THE
FUNDING LOAN AGREEMENT, AND (B) THAT IT WILL GIVE TO EACH PERSON
TO WHOM THIS NOTE IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE
EFFECT OF THIS LEGEND.
UNITED ST ATES OF AMERICA
HOUSING FINANCE AUTHORITY OF MIAMI-DADE COUNTY, FLORIDA us $32,500,000
Multifamily Housing Revenue Note, Series 2023
(Vista Breeze)
December 15, 2023
FOR VALUE RECEIVED, the undersigned, HOUSING FINANCE AUTHORITY OF MIAMI
DADE COUNTY, FLORIDA (the "Obligor"), promises to pay (but solely from the sources and in the
manner provided for in the Funding Loan Agreement referenced below) to the order of BANK OF
AMERICA, N.A. (the "Funding Lender"), and its assigns, the maximum principal sum of THIRTY-TWO
MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS (US $32,500,000), plus premium,
if any, and interest thereon and to pay the other amounts owing from time to time hereunder, all as set forth
below.
This Multifamily Housing Revenue Note, Series 2023 (Vista Breeze) (this "Note") is being
delivered pursuant to that certain Funding Loan Agreement dated as of December 1, 2023 (together with
any and all amendments, modifications, supplements and restatements, the "Funding Loan Agreement"),
among the Funding Lender, the Obligor and THE BANK OF NEW YORK MELLON TRUST COMPANY,
N.A. (the "Fiscal Agent"), pursuant to which the Obligor has incurred a loan in the maximum aggregate
principal amount of $32,500,000 (the "Funding Loan"), and this Note is entitled to the benefits of the
Funding Loan Agreement and is subject to the terms, conditions and provisions thereof. The Obligor is
using the proceeds of the Funding Loan to make a loan to VISTA BREEZE, LTD., a Florida limited
partnership (the "Borrower") pursuant to the Construction Phase Borrower Loan Agreement dated as of
December 1, 2023 (the "Construction Phase Borrower Loan Agreement"), among the Obligor, the
Borrower and the Fiscal Agent. The outstanding principal balance of this Note at any time shall be an
amount equal to the proceeds of the Funding Loan advanced by the Funding Lender under the Funding
Loan Agreement and not otherwise prepaid.
1.Defined Terms. As used in this Note, (i) the term "Funding Lender" means the holder of
this Note, and (ii) the term "Indebtedness" means the principal of, premium, if any, and interest on or any
other amounts due at any time under this Note or the Funding Loan Agreement. "Event of Default" and
other capitalized terms used but not defined in this Note shall have the meanings given to such term in the
Funding Loan Agreement.
2.Payments of Principal and Interest. The Obligor shall pay (but solely from the sources
and in the manner provided for in the Funding Loan Agreement) on the first calendar day of each month
commencing January 1, 2024, interest on this Note at the Construction Phase Interest Rate, and shall also
pay interest on this Note at the foregoing rate on the date of any optional or mandatory prepayment or
acceleration of all or part of the Funding Loan pursuant to the Funding Loan Agreement, in an amount
I
[Vista Breeze -Governmental Nole] SPECIMEN
equal to the accrued and unpaid interest to the date of prepayment on the portion of this Note subject to
prepayment ( each such date for payment an "Interest Payment Date"). Interest shall accrue on the
principal amount of the Funding Loan which has been advanced under the Funding Loan Agreement and
is outstanding as reflected on the Record of Advances.
The Obligor shall pay (but solely from the sources and in the manner prov ided for in the Funding
Loan Agreement) the outstanding principal of this Note in full on July 1, 2057 (the "Maturity Date") and
in monthly installments on each date set forth on the Funding Loan Amortization Schedule attached as
Schedule I hereto in an amount equal to the corresponding amounts set forth thereon (as such Schedule 1
may be replaced by a new Funding Loan Amortization Schedule as provided in Section 2.0l(e) of the
Funding Loan Agreement) or at such earlier times and in such amounts as may be required, in the event of
an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan
Agreement. The outstanding principal hereof is subject to acceleration at the time or times and under the
terms and conditions, and with notice, if any, as provided under the Funding Loan Agreement.
3.Manner of Payment. All payments under this Note shall be made in lawful currency of
the United States and in immediately available funds as provided for herein and in the Funding Loan
Agreement.
4.Application of Payments. If at any time the Funding Lender receives any amount
applicable to the Indebtedness which is less than all amounts due and payable at such time, the Funding
Lender may apply that payment to amounts then due and payable in any manner and in any order determined
by the Funding Lender, in the Funding Lender's discretion. Neither the Funding Lender's acceptance of a
payment in an amount that is less than all amounts then due and payable nor the Funding Lender's
application of such payment shall constitute or be deemed to constitute either a waiver of the unpaid
amounts or an accord and satisfaction.
5.Security. The Indebtedness is secured by, among other things, the Pledged Security
pledged pursuant to the Funding Loan Agreement.
6.Acceleration. If an Event of Default has occurred and is continuing, the entire unpaid
principal balance, any accrued interest, and all other amounts payable under this Note shall at once become
due and payable, at the option of the Funding Lender, as governed by the Funding Loan Agreement, without
any prior notice to the Obligor (unless required by applicable law). The Funding Lender may exercise this
option to accelerate regardless of any prior forbearance.
7.Prepayment; Prepayment Premium. This Note is subject to prepayment as specified in
the Funding Loan Agreement. Prepayment Premium, if any, shall be payable as specified in the Funding
Loan Agreement.
8.Forbearance. Any forbearance by the Funding Lender in exercisi ng any right or remedy
under this Note or any other document evidencing or securing the Funding Loan or otherwise afforded by
applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy. The
acceptance by the Funding Lender of any payment after the due date of such payment, or in an amount
which is less than the required payment, shall not be a waiver of the Funding Lender's right to require
prompt payment when due of all other payments or to exercise any right or remedy with respect to any
failure to make prompt payment. Enforcement by the Funding Lender of any security for the obligations
under this Note shall not constitute an election by the Funding Lender of remedies so as to preclude the
exercise of any other right or remedy available to the Funding Lender.
9.Waivers. Presentment, demand, notice of dishonor, protest, notice of acceleration, notice
of intent to demand or accelerate payment or maturity, presentment for payment, notice of nonpayment,
2
[Vista Breeze -Governmental Note] SPECIMEN
grace and diligence in collecting the Indebtedness are waived by the Obligor and all endorsers and
guarantors of this Note and all other third-party obligors.
10.Loan Charges. Neither this Note nor any of the other Financing Documents will be
construed to create a contract for the use, forbearance, or detention of money requiring payment of interest
at a rate greater than the rate of interest which results in the maximum amount of interest allowed by
applicable law (the "Maximum Interest Rate"). If any applicable law limiting the amount of interest or
other charges permitted to be collected from Obligor in connection with the Funding Loan is interpreted so
that any interest or other charge provided for in any Financing Document, whether considered separately
or together with other charges provided for in any other Financing Document, violates that law, and Obligor
is entitled to the benefit of that law, that interest or charge is hereby reduced to the extent necessary to
eliminate that violation. The amounts, if any, previously paid to Funding Lender in excess of the permitted
amounts will be applied by Funding Lender to reduce the unpaid principal balance of this Note. For the
purpose of determining whether any applicable law limiting the amount of interest or other charges
permitted to be collected from Obligor has been violated, all indebtedness that constitutes interest, as well
as all other charges made in connection with the indebtedness that constitute interest, will be deemed to be
allocated and spread ratably over the stated term of this Note. Unless otherwise required by applicable law,
such allocation and spreading will be effected in such a manner that the rate of interest so computed is
uniform throughout the stated term of this Note.
11.Governing Law. This Note shall be governed by the internal laws of the State of Florida.
12.Captions. The captions of the paragraphs of this Note are for convenience only and shall
be disregarded in construing this Note.
13.Address for Payment. All payments due under this Note shall be payable at the principal
office of the Funding Lender as designated by the Funding Lender in writing to the Fiscal Agent and the
Servicer.
14.Default Rate. So long as (a) any monthly installment under this Note remains past due,
or (b) any other Event of Default has occurred and is continuing, interest under this Note shall accrue on
the unpaid principal balance from the earlier of the due date of the first unpaid monthly installment or the
occurrence of such other Event of Default, as applicable, at a rate (the "Default Rate") equal to the lesser
of (i) the Construction Phase Interest Rate, otherwise in effect notwithstanding the default plus four percent
(4%) per annum or (ii) the Maximum Interest Rate. lfthe unpaid principal balance and all accrued interest
are not paid in full on the Maturity Date, the unpaid principal balance and all accrued interest shall bear
interest from the Maturity Date at the Default Rate.
15.Revenue Obligation. THE OBLIGATIONS OF THE OBLIGOR WITH RESPECT TO
THIS NOTE ARE NOT GENERAL OR SPECIAL OBLIGATIONS OF THE OBLIGOR BUT ARE
REVENUE OBLIGATIONS OF THE OBLIGOR PAY ABLE BY THE OBLIGOR SOLELY FROM THE
PLEDGED SECURITY. THIS NOTE SHALL NOT BE A DEBT OF THE STATE, MIAMI-DATE
COUNTY, FLORIDA (THE "COUNTY"), THE OBLIGOR OR OF ANY OTHER POLITICAL
SUBDIVISION OF THE STATE, AND NONE OF THE STATE, THE COUNTY, THE OBLIGOR, OR
ANY OTHER POLITICAL SUBDIVISION OF THE STATE SHALL BE LIABLE FOR THE PAYMENT
OF THIS NOTE. THE FAITH AND CREDIT OF THE ST A TE, THE COUNTY OR OF ANY OTHER
POLITICAL SUBDIVISION OF THE STATE ARE NOT PLEDGED TO THE PAYMENT OF THE
PRINCIPAL OF OR INTEREST ON THIS NOTE. THE OBLIGOR HAS NO TAXING POWER.
[Remainder of page intentionally left blank]
3
[Vista Breeze -Governmental Note] SPECIMEN
IN WITNESS WHEREOF, the Obligor has caused this Note to be duly executed by the manual
or lac imil
ecretary.
signature o� 1 il!S, G:h�ir and attested by the manual or facsimile signature of its Assistant ,,, a.Ne 111 ,, , ... , ,... 12 ,, ' <', ,... ..•• .• � ,
[ EAL]
ATT T:
,, 'I ,•· •.,--,/_ ,,. ... 0 . ,v..A ,. 2 <:·.M IAMI-DADE\�� = <i; :· COUNTY � O: =::>: --•--::JJ= �(3\ FLORIDA _::�§
-:,_>"•. .··��
... ,i . ·•... • ••• • • , .... , . . ,, ,,,, 7978 ,,,, ,,,,,. .. ,,,,
[Vista Breeze -Governmental Note]
4859-8075-7136.2
4
HOUSING FINANCE AUTHORITY
MIAMI-DADE COUNTY, FLORIDA
Title: Chair
OF SPECIMEN
CERTIFICATE OF AUTHENTICATION
This Note is issued under the provisions of and described in the within-mentioned Funding Loan
Agreement.
Date of Authentication: DQ<!...<?.M.b:< < \ S ,1.()'23 THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
[Vista Breeze -Governmental Note]
4859-8075-7136.2
5 SPECIMEN
SCHEDULE l
FUNDING LOAN AMORTIZATION SCHEDULE
Schedule 1-1
[Vista Breeze -Governmental Note] SPECIMEN
Payment Numbu PaymenlOal• lnlerettPavment PrlncipalPavm•nl
1110027
211/2027 5154,62£ 39 $000
311/2027 558 3n22 $000
4/1fl027 S64,82839 sooo
5/112027 562,541 67 sooo
61112027 $64,626 39 $000
7/t/2027 $62:5.(167 $000
811/2027 S&U2fiJ9 $000 " 9/1'2027 S6462639 S000 ' 10r'112027 $62,!541 67 ,ooo
10 111112027 $54,626 39 $000
11 1211'2027 562,541 67 $000
12 11112028 $64,626 J9 $000
13 2110028 $64,6215 39 $000 " 3/1'2028 $60,456 94 $000
15 4/lf.2028 $154,1521539 $000
16 511/2028 $62,541 67 ,ooo
17 611fl02B S64,828 39 $000
16 7l1fl026 $&2,541 67 $000
19 8/112028 $64,626 39 S000
20 911/2028 S64,6215 39 $000
21 10/1(2028 S62,541 67 $000
22 11/1(2028 $64,626 39 $000
23 12/112028 S62,541 87 $000 " 1/1'2028 564,828 39 SO 00
25 211'2029 $64.628 39 $33795.(
26 31112029 558,355 61 $985032
27 .(11fl029 554,555 48 $3 45045
26 51112021il $62,4�87 $5 551 06
29 61112029 $64 506 49 $349944
30 71112029 $62 407 20 $5.59673
31 811/2029 $&4 45e 98 S3.5◄8 95
32 91112029 S&4 4l7 68 S3,56827
33 10/1/2029 $62,3-40 23 $5,665 70
34 1111/2029 $64.387 41 SJ .61852
35 12/1/l029 $62,291 34 S5,714 59
36 1/1!2030 S64,338 61 S3,66932
37 211/2030 S84,318 65 S3,68928
36 JllflOJO $58,07◄ 32 S9,93161 " 4/1(2030 S64,242 52 S378341
,o �112030 S82,15036 $5 855 57
41 15/112030 $64.190 17 $3 815 76
42 71112030 $62,0W42 $5,906,1
43 81112030 $&4,137 26 S3,B66 67 .. Wl/2030 $64,116 20 SJ,669 73
'5 10,10030 $62,027 45 $5,97846
<6 1111/2030 $84,082 50 S3,94343
47 1211'2030 $61,97520 $6,030 73 " 1/112031 564,008 22 S3,99771 " 2/112031 $83,986 46 S4,018 47
50 311/2031 $57,77◄46 $10,23147
51 411/2031 $63,90890 S4,09703
52 5/112031 $81,825 75 $8,160 18
53 15/1/2031 $63,85297 $4,152 96 " 7/1(2031 S61,771 33 $6,23460
55 8/1/2031 $63,796 44 $4,209 49
56 9/1/2031 $63,77353 S4,23240
57 1�112031 581,894 03 S6.31190
56 1111/2031 $83,71615 $4,289 78 " 1211/2031 $61,638 20 $8,367 73
60 1/112032 $63,658 15 $4,347 78
61 2/112032 $63,634 49 $4,371 44 ., 3/112032 $59,�78 $8 499 15
63 -411'2032 $63,564 ◄4 M.441 49 .. S/1/2032 Jel,49058 $6,515 35
65 811'2032 $83,50,4 81 $4,501 12
68 7/112032 $81,432 56 $6,573 37
67 611(2032 $63.444 54 $4,561 39
66 9/112032 $63,419 72 S4,56821
69 10/1'2032 161 349 77 $6,656 16
70 11/1/2032 $63,35853 S4.647 40
71 12/1/2032 $61 290 23 $6,715 70
72 1/1/2033 $63,2915 68 $4,709 24
73 21112033 $83,271 07 $4.73486 " 3/112033 $57,124 78 S10,881 15
75 411(2033 $153,18808 54,819 85
76 511/2033 $81,12243 $6,86350
71 611/2033 $83,12239 $4,88354
78 711/2033 $81,06046 $6,94547 " 8/1/2033 563,0!5801 $4,947512
60 9/1/2033 $e3,031 08 $4,974 85
81 10/1(2033 $15(),97162 S7,03431
62 11/112033 S62.�5 73 $5,040 20
63 12/1/2033 seo,908oJ S7J:S7 90 "' 11tl2034 $62,89967 $5,10626 " 211/2034 $62,871 88 $5,134 05
66 31112034 $56,7152 27 $11,2◄366
67 4/1/2034 $62,782 75 $5,22316
68 51112034 $60,729 99 $7,27594 .. 81112034 $62,714 73 S5.291 20
,0 711/2034 $60 663 80 $7,34213
91 811/2034 $62,84597 $5,359815 ., 911'2034 $62,818 80 $5,38913
93 10/112034 $60,568 52 S7,43741 .. 1111/2034 $82,547 00 $5.458 93 ., 1211'2034 $8000060 $7.50533
96 111/2035 562,47644 $552949
97 211'2035 $82 '146 35 $555958 .. l/112035 S515�375 83 $11,63010
99 4/112035 $62 352 80 $5,65313
100 5/112035 $60,311 65 S7,694 28
101 6'1/20J5 $62.26016 $5 725 77
102 711/2035 $6024097 $716496
103 8/1'2035 S62,.20fi 74 $5,799151
104 9/1'2035 $62.175 18 S5,83075
105 10/1/2035 $60 13882 S7,867 11
106 1111/2035 $82,100 83 $5,905 30
107 121112035 $60.()66 29 $7,939 641
106 111/2036 $82.02.5 29 S5,96064
109 211/2038 ss1m14 $601319
110 311/2036 S57,g&2 59 $10,043 34
111 41112038 $151,;□5 36 $6,100 57 "' 5/112036 S59,87828 $8,12965
113 61112036 561,827 91 $8,178 02
11' 7/112036 $59,60092 $8,20501
115 811/2036 $81,7.(964 $8,256 29
116 9/1/2036 $81,71559 $6,290 34
11111.-e,�•
M1o1111111,u,1vi,-5U'IW11HII
Ending Balance S1uvic:1rtg Ftc
$'1,87S,00000
$11,875 000 00 $000
511,87S,OOOOO $000
$11,875,00000 $000
S11.875,00000 $000
511,875,00000 $000
$11.875.00000 S000
511.87S00000 sooo
$11 875 00000 $000
$11,875,000 00 sooo
S 11,875,000 00 ,ooo
511,875,00000 $000
$11.675.00000 $000
$11,875,00000 $000
S11.87S,OOOOO $000
511,875,000 00 $000
S11,875,000 00 $000
511,875,000 00 $000
$11,875,000 00 $000
$11,875,00000 $000
Sll,875,00000 $000
$11,875,000 00 $000
$11,875,00000 $000
S11 875,00000 $000
$11.875,000 00 $000
SH,811820 46 $000
511881 97014 $000
$11 858 51969 $000
S11 852,96663 sooo
$11849.◄6919 $000
$11 8◄3,87046 $000
S11 840,32151 S000
$11,838,75324 $000
$11 831.()87 54 $000
$11,827,46902 $000
$11821,754 42 $000
$11,818,08511 $000
S11,81◄_395 82 $000
S11,8CM,484 21 $000
$11,80070080 $000
S11,794645 23 sooo
S11.791_02847 S000
S11,765,122 96 $000
$11,781,25429 sooo
$11,777.364 56 $000
S11,771,386 08 $000
$11.787,44265 $000
511.7151,411 92 $000
$11,757,41421 $000
$11,753,39474 $000
$11.743,183 27 $000
$11,739,08625 $000
$11,732.886 07 $000
S11,728,733 11 $000
S11,722,496 51 $000
$11,716,28902 $000
$11,714,05662 $000
$11.707744 72 S000
$11,703,45.( 94 $000
S11,697.DB7 21 $000
$11,692.73943 $000
$11,888.36798 $000
$11 679,66883 $000
S1Ul75,◄27 35 $000
$11,668,91200 $000
$11,1564.41086 $000
$11,857,837 52 $000
$11,853,278 13 $000
S11,848689 92 $0 00
$11,84203375 $000
S1163738636 $000
$11 630 670 66 sooo
$11,1$25,961 43 $000
$11.1$21.22656 $000
$111510,345 42 $000
S11,eo5,525 57 $000
$11,5Q8,64207 sooo
$11,593,75653 $000
S11,�,61306 $000
$11,581,66514 $000
$11,!576,890 30 $000
S11,!561il,855 99 $000
$11.5601579 $000
$11,557,71789 $000
$11,552,61162 $000
S11,S47,477 57 $000
$11,536,233 91 $000
$11,!531,010 73 $000
$11,523.734 79 $000
$11,518.44359 $000
S11511.101◄6 $0 00
$11505,741 50 $000
$11&I0,352 37 $000
$11,492,91497 $000
$11,487,456 03 $000
$11.4N.95070 sooo
$11.74.421 22 $000
$11 468,661 64 $000
$114!57 23153 $000
S11,451,57840 $000
S11.443118-112 $000
$11,438158 35 $000
ltl 4130393 39 $000
$11.424,59420 $000
$11,41876345 S000
511,410,896 34 $000
S11.404,991 04 $000
$11.397,051 40 $000
$11,391.07076 $000
S11 383,0!57 57 SO 00
$11,375,01423 $000
S11,368,913 65 $000
$11,380,764 00 $000
S11.354,60598 $000
SU.3415,40098 sooo
511,340,144 68 $000
$11,333,854 34 $0 00
Pagel
GovlLenderFee
$000
$000
S000
S000
S000
$000
$000
1000
$000 sooo
$000
$000
$000 sooo
1000
$000
1000
$000
$0 00
$000
$000
$000
S000
$000
$000 sooo
S000
$000
$000
$000
$000
$000
$000
1000
$000
$000
$000
$000
$000 sooo
S000
S000
S000
$000
$000
$000 sooo
$000
$000
$000 sooo
$000
$000
$000
$000
$000 sooo
$000 sooo
S000
$000
$000 sooo
$000
$000
$000
$000
1000 sooo
1000
S000
$000
1000
1000
$000
$000
$000
S000
$000
$000
$000
$000
$000 sooo
S000
$000
$000
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$000
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$000 sooo
$000
$000
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$000
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S000
1000
$000
1000
$000
$000 sooo
$000
S000
$000
$000
$000 sooo
$000
$000 sooo
rot.1�.J1�9(1i•041ooi•
$000 $000 564,62839
$0.00 S000 $58 372 22
S000 $000 564,626 39
$000 $000 $6254167
$000 $000 $64 62639
$000 $000 $6254167
$000 $000 56462639
$000 $000 $6462639
$000 $000 $62,541 67
$000 S000 $64,626 3SI
$000 $000 $62,541 67
$000 $000 564.626 351
$000 $000 $64,621539
$000 $000 56045894
$000 $000 $64,628 39
$000 $000 S62.54167
$000 S000 $64,826 39 sooo $000 $62.54167
$000 $000 $84,61639
$000 S000 $64,6215 J9
$000 $000 $62,541 67
$000 sooo S64,626 31il
$000 S000 $62 54167
sooo $000 564 828 39
$000 $000 168005 93
$000 $000 S68 005 93
$000 $000 $68 005 93
$000 $000 $6800593
$000 $000 $6800593 sooo $000 $6600593
$000 $000 $68 005 93
$000 $000 $68,005513
S000 sooo $68 005 513
$000 $000 568,005 93
$000 $000 $6800593
$000 $000 $68,005 93
$000 $000 $68,005 lilJ
$000 $000 161l00593
$000 $000 $68,005 93
$000 $000 S68 005 93
$000 $000 S6B 005 93
$000 $000 $68,005 93
$000 $000 $68,005 93
$000 $000 $66,00593
$000 $000 $68,00593
$000 $000 568,005513
$000 $000 $66,00593
$000 S000 $66,005 513
$000 $000 $68,005 93
$000 $000 $68,00593
$000 $000 $68,005 93
$000 $000 $68,005 93
$000 S000 S68,00593
$000 sooo $68,00593
$000 sooo $68,005 93
$000 sooo $68,005 93
$000 $000 $68,005 93
$000 $000 $88 005 93
$000 $000 $88 005 93
$000 sooo $68 005 93 sooo sooo $68,005 93
$000 $000 $66 005 93
$000 $000 $68.005 93
$000 sooo $68,00593
$000 sooo $68,005 93 sooo sooo $68,005 93
$000 $000 $68,005 93
$000 $000 S68 005 93
$000 S000 $68,005 93
$000 $000 $68,00593
sooo $000 $68,005 93
$000 $000 568,00593
$000 sooo $68,005 93
$000 S000 S68,005 93
$000 sooo $68,005 93
$000 $000 S68.(l0593
$000 $000 $68,005 93
$000 $000 $88,005 93
$000 $000 $68,005 93
$000 $000 $68,005 gJ
$000 $000 $68,005 93
sooo $000 S68.00Slil3
$000 sooo $68,00593
$000 sooo $68,005 93
$0.00 $000 $88,005 93
$000 S000 $68,005 93
$000 $000 $68,005 93
$000 $000 $66,005 93
sooo $000 $68.()05513
$000 $000 S66 005 93
$000 $000 566005 83
$000 $000 $68,005 93
$000 $000 $68,005 93
$000 $000 $68,00593
$000 $000 $6800593
$000 $000 56800593
S0.00 $000 $66 0051i13
$000 sooo $68,005 93
$000 S000 $68 005 93
$000 $000 $68,005 93
$000 sooo 566.00593
$000 S0.00 161l00593
$000 $000 $68 005 93
$000 sooo $66,005 93
$000 $000 $66 005 93
$000 $000 S68,005 93
$000 sooo $68,005 93
$000 $000 $6800593
$000 $000 $68 005 93
$000 $000 $66,00593
sooo sooo $68,00593
$000 sooo $68,005 93
$000 $000 $68,005 93
S000 sooo $68,00593
11)00 sooo $68,005 93
$000 $000 S68,005 93 SPECIMEN
Pavmen1Number PaymenlDale lnl■r■■IPavmenJ PrincipalPavmenl
117 101112036 $59,691 63 $8,314 30
118 1111/2036 $61,63611 5636982
119 12/112036 $59814 30 $839163
120 1/112037 $61,555 77 56,450.18
121 21112037 $61 52067 $6.,485 26 m 31112037 $5553518 $12,470.75
123 41112037 $6141750 $6,588.43
124 51112037 $59.40160 $8,604.33
125 61112037 $61,33482 $6,671.11
126 71112037 $59,32114 $8,684.79
127 81112037 $61,25125 $6,754 88 "' 9/1/2037 $61,214 49 $6,791 44
129 1011'2037 $59,204 06 $8,801 87
130 1111(2037 $61,12963 56,87630
131 12/1'2037 $59,12149 $8,884 44
132 11112038 56104386 $6.96207
133 2/112038 $61,005 97 $6,999 96 ,,, 31112038 $55,067 75 $12,938 18
135 4/112038 $60,897 46 $7,10847
136 5/112038 $58,89559 $9,11034
137 6/112038 $60,80919 $7,196 74
138 7/112038 $58,809 70 $9,19623
139 8/112038 $60,71998 $7,28595
140 9/112038 $606B033 $7.32560
141 101112038 $58 684 32 $9 321 61
142 111112038 $60 589 73 $741620
143 121112038 $56 59616 $9_40977 "' 11112039 S60 498 16 $7.507 77
145 2/112039 $60,457 30 $7,54863
146 31112039 $54,569 49 $13,436 44
147 41112039 $60,343 09 $7_662 84
146 511/2039 $58,356 18 $9649 75
149 6/112039 $60,24887 $7,757 06
150 71112039 $58,264 51 $9,741 42
151 B/1/2039 $60.153 64 57,852 29
152 9/112039 $60,110 91 $7,89502
15' 1Clr'1l2039 $58 130 27 $9,875 66
154 1111'2039 $6001420 $7,991 73
155 1211/2039 $58_03617 $9_969 76
156 11112040 $5991645 $8 089 48
157 2/112040 $59 87242 $6 133 51
158 3/112040 $55 96626 $1203765
159 41112040 $59,76265 $6,243 28
160 51112040 $57,791 41 $10,214 52
161 611/2040 $59,662 20 $8,34373
162 71112040 $57,693 66 $10,312 27
163 811/2040 $59,560 67 $8,44526
1 .. 91112040 $59,514 70 $8,491 23
185 10/112040 $57,55015 $10,455 78
166 11/1'2040 $59,41159 $8,594 34 167 12/112040 $57,449 82 $10,558 11
168 11112041 $59,307 37 $8,698 56
169 21112041 $59,260 03 $6,74590
170 31112041 $53,482 20 $14,52373
171 4/112041 $59,133 39 $8,872 54
172 5/112041 S57,179 13 $10,82680
173 6/112041 $59.026 18 $897975
174 7/112041 $57,074 82 $1093111
175 81112041 $58 91782 S9.088 11
176 91112041 $58,868 36 $9,137 57
177 1Clr'112041 $56,921 26 $11,084 67
178 11/112041 $58,758 31 $9,247 62
179 12/112041 S56,814 18 S11,191 75
180 11112042 $58,847 08 $10,776,310 28
YJ&1•Q1M,1■
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EndinRBalance Servicing Fee
$11 325.5-4004 $000
$11319.17022 $000
$11.31077859 sooo
S11.304,32843 $000
$11,297.84316 $000
S11,285.37241 $000
S11,278,78398 $000
$11,270,17965 $000
$11,263,50854 $000
$11,254,82376 $000
$11,248,06908 $000
$11 241,27764 $000
$11,232,475 77 $000
$11,225,59947 $000
$11,216,71503 $000
$11,209,752 96 $000
$11,202,752 99 sooo
$11,189,814 82 $000
$11,182,70635 $000
$11,173,59601 $000
$11,166,39927 $000
$11,157,203 04 $000
$11,149,91709 $000
$11,142,591 49 $000
$11.133,269 87 $000
$11125,85367 $000
$11,116,44390 sooo
S11,106,93613 $000
$11,101,38750 $000
$11,067,951 06 $000
$11,060,28822 $000
$11,070,83847 $0 00
$11,062,881 42 $000
$11,053,14000 $000
$11.04528771 $000
$11.037 392 69 $000
$1102751703 $000
$11 01952530 $000
S11,009,555 54 $000
$11001.46605 $000
S10,993 33255 $000
$10 981,294 89 $000
$10,973,051 61 $000
S10,962,837 09 $000
510,954,49335 sooo
$10,944,181 09 sooo $10,935,73582 $000
$10,927,24460 $000
$10,916,788 82 $000
$10,908,194 48 $000
$10,897,638 36 $000
$10,888,939 82 sooo
$10,880,193 92 $000
$10,865,67018 sooo
$10,856,797 65 sooo
$10,845,970 85 $000
$10,836,99110 $000
$10,826,059 99 $000
$10,816,971 89 $000
$10,807,83432 sooo
$10,796,74965 $000
S10,787,50203 sooo
$10,778,310 28 sooo sooo $000
Page2
Govt Lender Fee
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$000 ICOO $68,005 93
$000 14.00 $68 005 93
$000 sooo $68 005 93 sooo $0."' $68 005 93
$000 IOOO $68,005 93
$000 IOOO $88,00593
$000 ICOO $68,005 93
$000 $0.00 $68,005 93
$000 .. .., $68,005 93
$000 ,..., $68,005 93
$000 ,000 $68,00593
$000 $000 $88,005 93
$000 $000 S68,00593
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$000 $000 $68,00593
$000 $000 $68,00593
$000 sooo $68,005 93
sooo $000 $68,005 93 sooo sooo $68,005 93
sooo sooo $68 005 93
$000 $000 $68 005 93
$000 sooo $68,005 93
$000 $000 S68,005 93
$000 sooo $10,834,95736 SPECIMEN