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HISTORICAL PAYMENT EXAMPLE - 2ND LIEN - OPTION 2

Year Index (%)Margin* (%)Annual Percentage Rate (%)Minimum Monthly Payment ($)
Year
2012
Index (%)
3.250
Margin* (%)
1.000
Annual Percentage Rate (%)
4.500**
Minimum Monthly Payment ($)
37.50
Year
2013
Index (%)
3.250
Margin* (%)
1.000
Annual Percentage Rate (%)
4.500**
Minimum Monthly Payment ($)
37.50
Year
2014
Index (%)
3.250
Margin* (%)
1.000
Annual Percentage Rate (%)
4.500**
Minimum Monthly Payment ($)
37.50
Year
2015
Index (%)
3.250
Margin* (%)
1.000
Annual Percentage Rate (%)
4.500**
Minimum Monthly Payment ($)
37.50
Year
2016
Index (%)
3.50
Margin* (%)
1.000
Annual Percentage Rate (%)
4.500**
Minimum Monthly Payment ($)
37.50^2
Year
2017
Index (%)
3.750
Margin* (%)
1.000
Annual Percentage Rate (%)
4.750
Year
2018
Index (%)
4.500
Margin* (%)
1.000
Annual Percentage Rate (%)
5.500
Year
2019
Index (%)
5.500
Margin* (%)
1.000
Annual Percentage Rate (%)
6.500
Year
2020
Index (%)
4.750
Margin* (%)
1.000
Annual Percentage Rate (%)
5.750
Year
2021
Index (%)
3.250
Margin* (%)
1.000
Annual Percentage Rate (%)
4.500**
Year
2022
Index (%)
3.250
Margin* (%)
1.000
Annual Percentage Rate (%)
4.500**
Year
2023
Index (%)
7.500
Margin* (%)
1.000
Annual Percentage Rate (%)
8.500
Year
2024
Index (%)
8.500
Margin* (%)
1.000
Annual Percentage Rate (%)
9.500
Year
2025
Index (%)
7.500
Margin* (%)
1.000
Annual Percentage Rate (%)
8.500
Year
2026
Index (%)
6.750
Margin* (%)
1.00
Annual Percentage Rate (%)
7.750