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SCHEDULE OF BOND YEARS
<br /> 54,895,000
<br /> SOUTH BEND (INDIANA) REDEVELOPMENT AUTH ORITY •
<br /> LEASE RENTAL REVENUE BONDS
<br />(SOUTH BEND CENTRAL DEVELOPMENT AREA PUBLIC IMPROVEMENT PROJECT)
<br /> Cumulative
<br />Year Principal Bond Years Bond Years
<br />1996 $40,000 233.3333 233.3333
<br />1997 $100,000 683.3333 916.6666
<br />1998 $115,000 900.8333 1,817.4999
<br />1999 $150,000 1,325.0000 3,142.4999
<br />2000 $175,000 1,720.8333 4,863.3332
<br />2001 $190,000 2,058.3333 6,921.6665
<br />2002 $200,000 2,366.6667 9,288.3332
<br />2003 $225,000 c 2,887.5000 12,175.8332
<br />2004 $250,000 c 3,458.3333 15,634.1665
<br />2005 $275,000 c 4,079.1667 19,713.3332 •
<br />2006 $365,000 c 5,779.1667 25,492.4999
<br />2007 $390,000 c 6,565.0000 32,057.4999
<br />2008 $425,000 C 7,579.1667 39,636.6666
<br />2009 $450,000 c 8,475.0000 48,111.6666
<br />2010 $480,000 c 9,520.0000 57,631.6666
<br />2011 $515,000 c 10,729.1667 68,360.8333
<br />2012 $550,000 c 12,008.3333 80,369.1666
<br />Average Maturity: 16.42 Years
<br />Bonds Dated: .April 1, 1990
<br />Interest Due: February 1, 1991 and each August 1 and February 1 to maturity.
<br />Principal Due: February 1, 1996-2012 inclusive.
<br />Optional Cali: Bonds maturing on or after February 1, 2003 are callable
<br />commencing February 1, 2002 and any date thereafter at par.
<br />(See Notice of Intent to Sell.) •
<br />c: subject to optional call
<br />- xiii -
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