Exhibit_10.4


FIRST
AMENDMENT TO LOAN AGREEMENT AND OTHER LOAN DOCUMENTS


                    THIS
FIRST AMENDMENT TO LOAN AGREEMENT AND OTHER LOAN DOCUMENTS (this “Agreement”)
is made as of this 20 day of September, 2005, between 1334 YORK AVENUE L.P.,
a Delaware limited partnership, having its principal place of business at RFR
Holding LLC, 400 Park Avenue, New York, New York 10022 (together with its
successors and/or assigns, as “Borrower”),
and BANK OF AMERICA, N.A., a
national banking association, with an address at 214 North Tryon Street,
Charlotte, North Carolina 28255 (together
with its successors and/or assigns, “Lender”).


RECITALS:


          A.
As of June 22, 2005, Lender made a mortgage
loan to Borrower in the original principal
sum of $235,000,000 (the “Loan”),
which Loan is evidenced by, among other things, the Note (as defined in
the Loan Agreement (defined below)) and is secured by, among other things, the Mortgage (as defined in the Loan
Agreement) and that certain Loan Agreement executed by Borrower and Lender and dated as of June 22, 2005 (the “Loan
Agreement”).


          B.
As of the date hereof, Borrower and Lender
desire to, in accordance with the terms hereof, amend each of (i) the
Loan Agreement and (ii) each of the other Loan Documents (as defined in the Loan Agreement).


AGREEMENT:


                    For
the mutual promises contained herein and for other good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the parties hereto agree as follows:


                    1.
Definitions. All capitalized terms not defined herein shall have the meaning
ascribed to them in the Loan Agreement.


                    2.
Defined Terms. The following defined terms in the Loan
Agreement shall have the meanings
set forth below:



                    
“Initial Note
Rate” shall mean, with respect
to Note A, the Initial Note A Rate, and,
with respect to Note B, the Initial Note B Rate.  



                    
“Initial Note
A Rate” shall mean, with respect
to Replacement Note A-l, the Initial
Note A-l Rate, and with respect to Replacement Note A-2, the Initial Note A-2
Rate. 



                    
“Initial Note A-1 Rate” shall mean
an interest rate equal to 5.222476190476190%
per annum.  



                    
“Initial Note A-2 Rate” shall mean an interest rate
equal to 5.222476190476190% per
annum. 


	
 

	
 


	
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                    “Initial
Note B Rate” shall mean an interest rate equal to 7.662000000000000% per annum.  



                    
“Note” shall mean that certain Consolidated, Amended and Restated Promissory Note dated June 22, 2005 in the principal amount of
$235,000,000.00 made by Borrower in favor of Lender, as severed pursuant to that certain Note Severance and Modification
Agreement dated as of June 22, 2005 pursuant to which such consolidated note
was severed and split into the following replacements notes: (i) Replacement Note A in the original principal
amount of $210,000,000.00, (“Replacement Note A”), as further severed pursuant to that certain Note Severance and
Modification Agreement dated as of September 20, 2005 pursuant to which such Replacement
Note A was severed and split into
the following replacements notes: (1) Replacement Note A-1 in the original principal amount of $110,000,000.00
(“Replacement Note A-1”) and (2) Replacement Note A-2 in the original principal amount of
$100,000,000.00 (“Replacement Note A-2”;
and together with Replacement Note
A-l, “Note A”); and (ii)
Replacement Note B in the original principal amount of $25,000,000.00 (“Note B”),
each made by Borrower in favor of Lender, as each of the same may be assigned, amended, restated,
replaced, extended, renewed, supplemented, severed, split, or otherwise modified from time to time in
accordance with the terms and provisions hereof. References to the “Note” in this Agreement shall refer to Note A
(already defined as Replacement Note
A-1 and Replacement Note A-2 collectively) and Note B collectively.  



                    
“Replacement Note A-1” shall have
the meaning set forth in the definition of “Note”.  



                    
“Replacement Note A-2” shall have the meaning set
forth in the definition of “Note”.  



                    
“Revised Note
Rate” shall mean, with respect
to Note A, the Revised Note A Rate,
and, with respect to Note B, the Revised Note B Rate.  



                    
“Revised Note
A Rate” shall mean, with respect
to Replacement Note A-l, the Revised Note A-l Rate, and with respect to
Replacement Note A-2, the Revised Note A-2 Rate.  



                    
“Revised Note
A-l Rate” shall mean an
interest rate equal to five percent plus the Initial Note A-l Rate per annum.  



                    
“Revised Note
A-2 Rate” shall mean an
interest rate equal to five percent plus the Initial Note A-2 Rate per annum. 



                    
“Revised Note
B Rate” shall mean an interest
rate equal to five percent plus the Initial Note B Rate per annum.  


                    Schedule
2.2(b) is replaced with Schedule 2.2(b)
attached hereto.


                    3.
Amendment to Other Loan Documents. Notwithstanding anything to the contrary
contained in any Loan Document other than the Note and the Loan Agreement (as amended hereby) (such other Loan Documents,
collectively, the “Other Loan Documents”),
the Other Loan Documents are each
hereby modified such that (i) all references therein to the “Note”


- 2 -


	
 

	
 


	
Confidential Treatment Requested by
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shall be
deemed to refer to the “Note” as defined in the Loan Agreement, as such Loan Agreement has been
amended pursuant to the terms hereof, and (ii) all references therein to the “Loan Agreement” shall be deemed to refer to
the Loan Agreement as amended hereby.


                    4.
No Offsets, Counterclaims/Due
Authority. Borrower represents,
warrants, and covenants, that there
are no offsets, counterclaims or defenses against the Debt, this Agreement, the Mortgage, the Loan Agreement (as
amended hereby), or the Note, and that Borrower (and the undersigned
representative of Borrower, if any) has full power, authority, and legal right to execute this Agreement and to keep
and observe all of the terms of this Agreement on Borrower’s part to be
observed or performed.


                    5.
Conflicts. Except as expressly modified pursuant to this Agreement,
all of the
terms, covenants and provisions of the Loan Agreement and the other Loan
Documents shall continue in full force and effect. In the event of any conflict or
ambiguity between the terms, covenants, and provisions of this Agreement and those of the
Loan Agreement or the other Loan Documents,
the terms, covenants, and provisions of this Agreement shall control.


                    6.
No Waiver or Modification. The parties hereto agree
that, except as specifically set forth herein, this Agreement does not amend, waive,
satisfy, terminate, diminish or otherwise modify any of the terms, conditions,
provisions and/or agreements contained in the Loan Documents, and Borrower
hereby acknowledges and agrees that said Loan Documents are in full force and effect
as amended hereby.


                    7.
Governing Law. This Agreement shall be deemed to be a contract
entered into
pursuant to the laws of the State of New York and shall in all respects be
governed, construed, applied and
enforced in accordance with the laws of the State of New York.


                    8.
No Oral Change. This Agreement may not be modified in any manner
or terminated except by an
instrument in writing executed by the parties hereto.


                    9.
Liability; Successors and Assigns. If any party hereto
consists of more than one person, the obligations and liabilities of each such person
hereunder shall be joint and several. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and assigns forever.


                    10.
Inapplicable Provisions. If any term, covenant or
condition of this Agreement is held to be invalid, illegal or unenforceable in any
respect, this Agreement shall be construed without such provision.


                    11.
Headings, etc. The headings and captions of various paragraphs of
this Agreement
are for convenience of reference only and are not to be construed as defining
or limiting, in any way, the
scope or intent of the provisions hereof


                    12.
Duplicate Originals; Counterparts. This Agreement may be
executed in any
number of duplicate originals and each duplicate original shall be deemed to be
an original. This
Agreement may be executed in several counterparts, each of which counterparts
shall be deemed an original
instrument and all of which together shall constitute a single Agreement. The


- 3 -


	
 

	
 


	
Confidential Treatment Requested by
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failure of any party hereto
to execute this Agreement, or any counterpart hereof, shall not relieve the other signatories from their obligations
hereunder.


                    13.
Number and Gender. Whenever the context may
require, any pronouns used herein shall include the corresponding masculine, feminine or neuter
forms, and the singular form of nouns and pronouns shall include the plural and
vice versa.


                    14.
Entire Agreement. This Agreement embodies the entire agreement and understanding among the
parties hereto and supercedes all prior agreements and understandings among the
parties hereto relating to the subject matter hereof. Accordingly, this
Agreement may not be
contradicted by evidence of prior, contemporaneous, or subsequent oral
agreements of the parties hereto. There are
no unwritten or oral agreements between the parties hereto.


[NO FURTHER TEXT ON THIS PAGE]


- 4 -


	
 

	
 


	
Confidential
 Treatment Requested by BANA

	
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          IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be duly executed by their duly authorized
representatives, all as of the day and year first above written.


	
 

	
 

	
 

	
 

	
 


	
 

	
BORROWER:


	
 

	
 


	
 

	
1334 YORK AVENUE L.P.,
 a Delaware limited partnership


	
 

	
 


	
 

	
By:

	
1334 GP II LLC, a Delaware limited liability
 company, its general partner


	
 

	
 

	
 


	
 

	
 

	
By:

	



	
 

	
 

	
 

	



	
 

	
 

	
 

	
Name: 

	
Aby Rosen


	
 

	
 

	
 

	
Title: 

	
Member


	
 

	
 


	
 

	
BORROWER PRINCIPAL:


	
 

	
 


	
 

	



	
 

	



	
 

	
Aby Rosen, an individual 


	
 

	
 


	
 

	



	
 

	



	
 

	
Michael Fuchs, an individual 


	
 

	
 


	
 

	
LENDER:


	
 

	
 


	
 

	
BANK OF AMERICA, N.A.,
 a national banking association 


	
 

	
 


	
 

	
By: 

	
 


	
 

	
 

	



	
 

	
 

	
Name:


	
 

	
 

	
Title:








	
 

	
 


	
Confidential Treatment Requested
 by BANA

	
BANA-Soth-00043












          IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be duly executed by their duly authorized
representatives, all as of the day and year first above written.


	
 

	
 

	
 

	
 

	
 


	
 

	
BORROWER:


	
 

	
 


	
 

	
1334 YORK
 AVENUE L.P., a
 Delaware limited partnership


	
 

	
 


	
 

	
By:

	
1334 GP II LLC, a Delaware
 limited liability company, its general partner


	
 

	
 

	
 


	
 

	
 

	
By:

	
 


	
 

	
 

	
 

	



	
 

	
 

	
 

	
Name: 

	
 


	
 

	
 

	
 

	
Title: 

	
 


	
 

	
 


	
 

	
BORROWER PRINCIPAL:


	
 

	
 


	
 

	



	
 

	
Aby Rosen, an individual
 


	
 

	
 


	
 

	



	
 

	
Michael Fuchs, an
 individual 


	
 

	
 


	
 

	
LENDER:


	
 

	
 


	
 

	
BANK OF
 AMERICA, NA., a
 national banking association








	
 

	
 

	
 

	
 


	
 

	
By: 

	



	
 

	
 

	



	
 

	
 

	
Name:

	
Dean C. Ravant


	
 

	
 

	
Title:

	
Principal








	
 

	
 


	
Confidential Treatment Requested
 by BANA

	
BANA-Soth-00044












Schedule 2.2(b)


	
 

	
 


	
Confidential Treatment Requested
 by BANA

	
BANA-Soth-00045













Sotheby’s
- Loan Agreement Schedules


	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - 1st Mortgage


	
 

	
 

	



	
Date

	
 

	
Payment
Period

	
 

	
Begin
Principal

	
 

	
Monthly 

 Payment

	
 

	
Interest 

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending 

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
 


	
8/1/05

	
 

	
1

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
9/1/05

	
 

	
2

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
10/1/05

	
 

	
3

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
11/1/05

	
 

	
4

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
12/1/05

	
 

	
5

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
1/1/06

	
 

	
6

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
2/1/06

	
 

	
7

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
3/1/06

	
 

	
8

	
 

	
235,000,000.00

	
 

	
1,001,987.78

	
 

	
1,001,987.78

	
 

	
—

	
 

	
235,000,000.00


	
4/1/06

	
 

	
9

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
5/1/06

	
 

	
10

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
6/1/06

	
 

	
11

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
7/1/06

	
 

	
12

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
8/1/06

	
 

	
13

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
9/1/06

	
 

	
14

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
10/1/06

	
 

	
15

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
11/1/06

	
 

	
16

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
12/1/06

	
 

	
17

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
1/1/07

	
 

	
18

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
2/1/07

	
 

	
19

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
3/1/07

	
 

	
20

	
 

	
235,000,000.00

	
 

	
1,001,987.78

	
 

	
1,001,987.78

	
 

	
—

	
 

	
235,000,000.00


	
4/1/07

	
 

	
21

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
5/1/07

	
 

	
22

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
6/1/07

	
 

	
23

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
7/1/07

	
 

	
24

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
8/1/07

	
 

	
25

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
9/1/07

	
 

	
26

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
10/1/07

	
 

	
27

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
11/1/07

	
 

	
28

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
12/1/07

	
 

	
29

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
1/1/08

	
 

	
30

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
2/1/08

	
 

	
31

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
3/1/08

	
 

	
32

	
 

	
235,000,000.00

	
 

	
1,037,773.06

	
 

	
1,037,773.06

	
 

	
—

	
 

	
235,000,000.00


	
4/1/08

	
 

	
33

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
5/1/08

	
 

	
34

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
6/1/08

	
 

	
35

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
7/1/08

	
 

	
36

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
8/1/08

	
 

	
37

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
9/1/08

	
 

	
38

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
10/1/08

	
 

	
39

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
11/1/08

	
 

	
40

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
12/1/08

	
 

	
41

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
1/1/09

	
 

	
42

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
2/1/09

	
 

	
43

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
3/1/09

	
 

	
44

	
 

	
235,000,000.00

	
 

	
1,001,987.78

	
 

	
1,001,987.78

	
 

	
—

	
 

	
235,000,000.00


	
4/1/09

	
 

	
45

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
5/1/09

	
 

	
46

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
6/1/09

	
 

	
47

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
7/1/09

	
 

	
48

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
8/1/09

	
 

	
49

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
9/1/09

	
 

	
50

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00








	
 

	
 


	
1 Confidential Treatment Requested by BANA

	
BANA-Soth-00046












Sotheby’s - Loan Agreement Schedules


	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - 1st Mortgage


	
 

	
 

	



	
Date

	
 

	
Payment
Period

	
 

	
Begin
Principal

	
 

	
Monthly
Payment

	
 

	
Interest
Payment

	
 

	
Principal
Payment

	
 

	
Ending
Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
10/1/09

	
 

	
51

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
11/1/09

	
 

	
52

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
12/1/09

	
 

	
53

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
1/1/10

	
 

	
54

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
2/1/10

	
 

	
55

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
3/1/10

	
 

	
56

	
 

	
235,000,000.00

	
 

	
1,001,987.78

	
 

	
1,001,987.78

	
 

	
—

	
 

	
235,000,000.00


	
4/1/10

	
 

	
57

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
5/1/10

	
 

	
58

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
6/1/10

	
 

	
59

	
 

	
235,000,000.00

	
 

	
1,109,343.61

	
 

	
1,109,343.61

	
 

	
—

	
 

	
235,000,000.00


	
7/1/10

	
 

	
60

	
 

	
235,000,000.00

	
 

	
1,073,558.33

	
 

	
1,073,558.33

	
 

	
—

	
 

	
235,000,000.00


	
8/1/10

	
 

	
61

	
 

	
235,000,000.00

	
 

	
1,331,651.40

	
 

	
1,109,343.61

	
 

	
222,307.79

	
 

	
234,777,692.21


	
9/1/10

	
 

	
62

	
 

	
234,777,692.21

	
 

	
1,331,651.40

	
 

	
1,108,294.18

	
 

	
223,357.22

	
 

	
234,554,334.99


	
10/1/10

	
 

	
63

	
 

	
234,554,334.99

	
 

	
1,331,651.40

	
 

	
1,071,522.39

	
 

	
260,129.01

	
 

	
234,294,205.98


	
11/1/10

	
 

	
64

	
 

	
234,294,205.98

	
 

	
1,331,651.40

	
 

	
1,106,011.83

	
 

	
225,639.57

	
 

	
234,068,566.41


	
12/1/10

	
 

	
65

	
 

	
234,068,566.41

	
 

	
1,331,651.40

	
 

	
1,069,303.23

	
 

	
262,348.17

	
 

	
233,806,218.24


	
1/1/11

	
 

	
66

	
 

	
233,806,218.24

	
 

	
1,331,651.40

	
 

	
1,103,708.23

	
 

	
227,943.17

	
 

	
233,578,275.07


	
2/1/11

	
 

	
67

	
 

	
233,578,275.07

	
 

	
1,331,651.40

	
 

	
1,102,632.20

	
 

	
229,019.20

	
 

	
233,349,255.87


	
3/1/11

	
 

	
68

	
 

	
233,349,255.87

	
 

	
1,331,651.40

	
 

	
994,949.37

	
 

	
336,702.03

	
 

	
233,012,553.84


	
4/1/11

	
 

	
69

	
 

	
233,012,553.84

	
 

	
1,331,651.40

	
 

	
1,099,961.65

	
 

	
231,689.75

	
 

	
232,780,864.09


	
5/1/11

	
 

	
70

	
 

	
232,780,864.09

	
 

	
1,331,651.40

	
 

	
1,063,420.58

	
 

	
268,230.82

	
 

	
232,512,633.27


	
6/1/11

	
 

	
71

	
 

	
232,512,633.27

	
 

	
1,331,651.40

	
 

	
1,097,601.72

	
 

	
234,049.68

	
 

	
232,278,583.59


	
7/1/11

	
 

	
72

	
 

	
232,278,583.59

	
 

	
1,331,651.40

	
 

	
1,061,126.00

	
 

	
270,525.40

	
 

	
232,008,058.19


	
8/1/11

	
 

	
73

	
 

	
232,008,058.19

	
 

	
1,331,651.40

	
 

	
1,095,219.82

	
 

	
236,431.58

	
 

	
231,771,626.61


	
9/1/11

	
 

	
74

	
 

	
231,771,626.61

	
 

	
1,331,651.40

	
 

	
1,094,103.72

	
 

	
237,547.68

	
 

	
231,534,078.93


	
10/1/11

	
 

	
75

	
 

	
231,534,078.93

	
 

	
1,331,651.40

	
 

	
1,057,724.85

	
 

	
273,926.55

	
 

	
231,260,152.38


	
11/1/11

	
 

	
76

	
 

	
231,260,152.38

	
 

	
1,331,651.40

	
 

	
1,091,689.24

	
 

	
239,962.16

	
 

	
231,020,190.22


	
12/1/11

	
 

	
77

	
 

	
231,020,190.22

	
 

	
1,331,651.40

	
 

	
1,055,377.24

	
 

	
276,274.16

	
 

	
230,743,916.06


	
1/1/12

	
 

	
78

	
 

	
230,743,916.06

	
 

	
1,331,651.40

	
 

	
1,089,252.29

	
 

	
242,399.11

	
 

	
230,501,516.95


	
2/1/12

	
 

	
79

	
 

	
230,501,516.95

	
 

	
1,331,651.40

	
 

	
1,088,108.02

	
 

	
243,543.38

	
 

	
230,257,973.57


	
3/1/12

	
 

	
80

	
 

	
230,257,973.57

	
 

	
1,331,651.40

	
 

	
1,016,832.00

	
 

	
314,819.40

	
 

	
229,943,154.17


	
4/1/12

	
 

	
81

	
 

	
229,943,154.17

	
 

	
1,331,651.40

	
 

	
1,085,472.21

	
 

	
246,179.19

	
 

	
229,696,974.98


	
5/1/12

	
 

	
82

	
 

	
229,696,974.98

	
 

	
1,331,651.40

	
 

	
1,049,332.35

	
 

	
282,319.05

	
 

	
229,414,655.93


	
6/1/12

	
 

	
83

	
 

	
229,414,655.93

	
 

	
1,331,651.40

	
 

	
1,082,977.37

	
 

	
248,674.03

	
 

	
229,165,981.90


	
7/1/12

	
 

	
84

	
 

	
229,165,981.90

	
 

	
1,331,651.40

	
 

	
1,046,906.59

	
 

	
284,744.81

	
 

	
228,881,237.09


	
8/1/12

	
 

	
85

	
 

	
228,881,237.09

	
 

	
1,331,651.40

	
 

	
1,080,459.31

	
 

	
251,192.09

	
 

	
228,630,045.00


	
9/1/12

	
 

	
86

	
 

	
228,630,045.00

	
 

	
1,331,651.40

	
 

	
1,079,273.53

	
 

	
252,377.87

	
 

	
228,377,667.13


	
10/1/12

	
 

	
87

	
 

	
228,377,667.13

	
 

	
1,331,651.40

	
 

	
1,043,305.31

	
 

	
288,346.09

	
 

	
228,089,321.04


	
11/1/12

	
 

	
88

	
 

	
228,089,321.04

	
 

	
1,331,651.40

	
 

	
1,076,720.98

	
 

	
254,930.42

	
 

	
227,834,390.62


	
12/1/12

	
 

	
89

	
 

	
227,834,390.62

	
 

	
1,331,651.40

	
 

	
1,040,823.44

	
 

	
290,827.96

	
 

	
227,543,562.66


	
1/1/13

	
 

	
90

	
 

	
227,543,562.66

	
 

	
1,331,651.40

	
 

	
1,074,144.67

	
 

	
257,506.73

	
 

	
227,286,055.93


	
2/1/13

	
 

	
91

	
 

	
227,286,055.93

	
 

	
1,331,651.40

	
 

	
1,072,929.08

	
 

	
258,722.32

	
 

	
227,027,333.61


	
3/1/13

	
 

	
92

	
 

	
227,027,333.61

	
 

	
1,331,651.40

	
 

	
967,994.10

	
 

	
363,657.30

	
 

	
226,663,676.31


	
4/1/13

	
 

	
93

	
 

	
226,663,676.31

	
 

	
1,331,651.40

	
 

	
1,069,991.07

	
 

	
261,660.33

	
 

	
226,402,015.98


	
5/1/13

	
 

	
94

	
 

	
226,402,015.98

	
 

	
1,331,651.40

	
 

	
1,034,279.88

	
 

	
297,371.52

	
 

	
226,104,644.46


	
6/1/13

	
 

	
95

	
 

	
226,104,644.46

	
 

	
1,331,651.40

	
 

	
1,067,352.10

	
 

	
264,299.30

	
 

	
225,840,345.16


	
7/1/13

	
 

	
96

	
 

	
225,840,345.16

	
 

	
1,331,651.40

	
 

	
1,031,713.98

	
 

	
299,937.42

	
 

	
225,540,407.74


	
8/1/13

	
 

	
97

	
 

	
225,540,407.74

	
 

	
1,331,651.40

	
 

	
1,064,688.55

	
 

	
266,962.85

	
 

	
225,273,444.89


	
9/1/13

	
 

	
98

	
 

	
225,273,444.89

	
 

	
1,331,651.40

	
 

	
1,063,428.33

	
 

	
268,223.07

	
 

	
225,005,221.82


	
10/1/13

	
 

	
99

	
 

	
225,005,221.82

	
 

	
1,331,651.40

	
 

	
1,027,898.86

	
 

	
303,752.54

	
 

	
224,701,469.28


	
11/1/13

	
 

	
100

	
 

	
224,701,469.28

	
 

	
1,331,651.40

	
 

	
1,060,728.25

	
 

	
270,923.15

	
 

	
224,430,546.13


	
12/1/13

	
 

	
101

	
 

	
224,430,546.13

	
 

	
1,331,651.40

	
 

	
1,025,273.54

	
 

	
306,377.86

	
 

	
224,124,168.27







	
 

	
 


	
2 Confidential Treatment Requested by BANA

	
BANA-Soth-00047












Sotheby’s - Loan Agreement Schedules


	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - 1st
 Mortgage


	
 

	
 

	



	
Date

	
 

	
Payment Period

	
 

	
Begin 

 Principal

	
 

	
Monthly 

 Payment

	
 

	
Interest 

 Payment

	
 

	
Principal 

 Payment

	
 

	
Ending 

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
1/1/14

	
 

	
102

	
 

	
224,124,168.27

	
 

	
1,331,651.40

	
 

	
1,058,003.04

	
 

	
273,648.36

	
 

	
223,850,519.91


	
2/1/14

	
 

	
103

	
 

	
223,850,519.91

	
 

	
1,331,651.40

	
 

	
1,056,711.25

	
 

	
274,940.15

	
 

	
223,575,579.76


	
3/1/14

	
 

	
104

	
 

	
223,575,579.76

	
 

	
1,331,651.40

	
 

	
953,276.59

	
 

	
378,374.81

	
 

	
223,197,204.95


	
4/1/14

	
 

	
105

	
 

	
223,197,204.95

	
 

	
1,331,651.40

	
 

	
1,053,627.21

	
 

	
278,024.19

	
 

	
222,919,180.76


	
5/1/14

	
 

	
106

	
 

	
222,919,180.76

	
 

	
1,331,651.40

	
 

	
1,018,369.12

	
 

	
313,282.28

	
 

	
222,605,898.48


	
6/1/14

	
 

	
107

	
 

	
222,605,898.48

	
 

	
1,331,651.40

	
 

	
1,050,835.88

	
 

	
280,815.52

	
 

	
222,325,082.96


	
7/1/14

	
 

	
108

	
 

	
222,325,082.96

	
 

	
1,331,651.40

	
 

	
1,015,655.09

	
 

	
315,996.31

	
 

	
222,009,086.65


	
8/1/14

	
 

	
109

	
 

	
222,009,086.65

	
 

	
1,331,651.40

	
 

	
1,048,018.56

	
 

	
283,632.84

	
 

	
221,725,453.81


	
9/1/14

	
 

	
110

	
 

	
221,725,453.81

	
 

	
1,331,651.40

	
 

	
1,046,679.64

	
 

	
284,971.76

	
 

	
221,440,482.05


	
10/1/14

	
 

	
111

	
 

	
221,440,482.05

	
 

	
1,331,651.40

	
 

	
1,011,613.94

	
 

	
320,037.46

	
 

	
221,120,444.59


	
11/1/14

	
 

	
112

	
 

	
221,120,444.59

	
 

	
1,331,651.40

	
 

	
1,043,823.63

	
 

	
287,827.77

	
 

	
220,832,616.82


	
12/1/14

	
 

	
113

	
 

	
220,832,616.82

	
 

	
1,331,651.40

	
 

	
1,008,837.00

	
 

	
322,814.40

	
 

	
220,509,802.42


	
1/1/15

	
 

	
114

	
 

	
220,509,802.42

	
 

	
1,331,651.40

	
 

	
1,040,941.02

	
 

	
290,710.38

	
 

	
220,219,092.04


	
2/1/15

	
 

	
115

	
 

	
220,219,092.04

	
 

	
1,331,651.40

	
 

	
1,039,568.69

	
 

	
292,082.71

	
 

	
219,927,009.33


	
3/1/15

	
 

	
116

	
 

	
219,927,009.33

	
 

	
1,331,651.40

	
 

	
937,719.90

	
 

	
393,931.50

	
 

	
219,533,077.83


	
4/1/15

	
 

	
117

	
 

	
219,533,077.83

	
 

	
1,331,651.40

	
 

	
1,036,330.29

	
 

	
295,321.11

	
 

	
219,237,756.72


	
5/1/15

	
 

	
118

	
 

	
219,237,756.72

	
 

	
1,331,651.40

	
 

	
1,001,551.15

	
 

	
330,100.25

	
 

	
218,907,656.47


	
6/1/15

	
 

	
119

	
 

	
218,907,656.47

	
 

	
1,331,651.40

	
 

	
1,033,377.92

	
 

	
298,273.48

	
 

	
218,609,382.99


	
7/1/15

	
 

	
120

	
 

	
218,609,382.99

	
 

	
219,608,063.52

	
 

	
998,680.53

	
 

	
218,609,382.99

	
 

	
—







	
 

	
 


	
3 Confidential Treatment Requested by BANA

	
BANA-Soth-00048













	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - Replacement
 Note A-1


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal 

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
 


	
8/1/05

	
 

	
1

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
9/1/05

	
 

	
2

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
10/1/05

	
 

	
3

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
11/1/05

	
 

	
4

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
12/1/05

	
 

	
5

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
1/1/06

	
 

	
6

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
2/1/06

	
 

	
7

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
3/1/06

	
 

	
8

	
 

	
110,000,000.00

	
 

	
446,811.85

	
 

	
446,811.85

	
 

	
—

	
 

	
110,000,000.00


	
4/1/06

	
 

	
9

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
5/1/06

	
 

	
10

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
6/1/06

	
 

	
11

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
7/1/06

	
 

	
12

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
8/1/06

	
 

	
13

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
9/1/06

	
 

	
14

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
10/1/06

	
 

	
15

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
11/1/06

	
 

	
16

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
12/1/06

	
 

	
17

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
1/1/07

	
 

	
18

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
2/1/07

	
 

	
19

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
3/1/07

	
 

	
20

	
 

	
110,000,000.00

	
 

	
446,811.85

	
 

	
446,811.85

	
 

	
—

	
 

	
110,000,000.00


	
4/1/07

	
 

	
21

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
5/1/07

	
 

	
22

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
6/1/07

	
 

	
23

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
7/1/07

	
 

	
24

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
8/1/07

	
 

	
25

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
9/1/07

	
 

	
26

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
10/1/07

	
 

	
27

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
11/1/07

	
 

	
28

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
12/1/07

	
 

	
29

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
1/1/08

	
 

	
30

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
2/1/08

	
 

	
31

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
3/1/08

	
 

	
32

	
 

	
110,000,000.00

	
 

	
462,769.42

	
 

	
462,769.42

	
 

	
—

	
 

	
110,000,000.00


	
4/1/08

	
 

	
33

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
5/1/08

	
 

	
34

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
6/1/08

	
 

	
35

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
7/1/08

	
 

	
36

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
8/1/08

	
 

	
37

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
9/1/08

	
 

	
38

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
10/1/08

	
 

	
39

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
11/1/08

	
 

	
40

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
12/1/08

	
 

	
41

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
1/1/09

	
 

	
42

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
2/1/09

	
 

	
43

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
3/1/09

	
 

	
44

	
 

	
110,000,000.00

	
 

	
446,811.85

	
 

	
446,811.85

	
 

	
—

	
 

	
110,000,000.00


	
4/1/09

	
 

	
45

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
5/1/09

	
 

	
46

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
6/1/09

	
 

	
47

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
7/1/09

	
 

	
48

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00


	
8/1/09

	
 

	
49

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00


	
9/1/09

	
 

	
50

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00








	
 

	
 

	
 


	
1

	
Confidential
 Treatment Requested by BANA

	
BANA-Soth-00049 












	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - Replacement
 Note A-1


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
10/1/09

	
 

	
51

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00 


	
11/1/09

	
 

	
52

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00 


	
12/1/09

	
 

	
53

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00 


	
1/1/10

	
 

	
54

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00 


	
2/1/10

	
 

	
55

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00 


	
3/1/10

	
 

	
56

	
 

	
110,000,000.00

	
 

	
446,811.85

	
 

	
446,811.85

	
 

	
—

	
 

	
110,000,000.00 


	
4/1/10

	
 

	
57

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00 


	
5/1/10

	
 

	
58

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00 


	
6/1/10

	
 

	
59

	
 

	
110,000,000.00

	
 

	
494,684.55

	
 

	
494,684.55

	
 

	
—

	
 

	
110,000,000.00 


	
7/1/10

	
 

	
60

	
 

	
110,000,000.00

	
 

	
478,726.98

	
 

	
478,726.98

	
 

	
—

	
 

	
110,000,000.00 


	
8/1/10

	
 

	
61

	
 

	
110,000,000.00

	
 

	
598,743.52

	
 

	
494,684.55

	
 

	
104,058.97

	
 

	
109,895,941.03 


	
9/1/10

	
 

	
62

	
 

	
109,895,941.03

	
 

	
598,766.77

	
 

	
494,216.58

	
 

	
104,550.19

	
 

	
109,791,390.84 


	
10/1/10

	
 

	
63

	
 

	
109,791,390.84

	
 

	
599,581.62

	
 

	
477,819.10

	
 

	
121,762.52

	
 

	
109,669,628.32 


	
11/1/10

	
 

	
64

	
 

	
109,669,628.32

	
 

	
598,817.35

	
 

	
493,198.83

	
 

	
105,618.52

	
 

	
109,564,009.80 


	
12/1/10

	
 

	
65

	
 

	
109,564,009.80

	
 

	
599,630.80

	
 

	
476,829.53

	
 

	
122,801.27

	
 

	
109,441,208.53 


	
1/1/11

	
 

	
66

	
 

	
109,441,208.53

	
 

	
598,868.39

	
 

	
492,171.59

	
 

	
106,696.80

	
 

	
109,334,511.73 


	
2/1/11

	
 

	
67

	
 

	
109,334,511.73

	
 

	
598,892.24

	
 

	
491,691.76

	
 

	
107,200.48

	
 

	
109,227,311.25 


	
3/1/11

	
 

	
68

	
 

	
109,227,311.25

	
 

	
601,278.46

	
 

	
443,673.25

	
 

	
157,605.21

	
 

	
109,069,706.04 


	
4/1/11

	
 

	
69

	
 

	
109,069,706.04

	
 

	
598,951.42

	
 

	
490,500.90

	
 

	
108,450.52

	
 

	
108,961,255.52 


	
5/1/11

	
 

	
70

	
 

	
108,961,255.52

	
 

	
599,761.15

	
 

	
474,206.30

	
 

	
125,554.85

	
 

	
108,835,700.67 


	
6/1/11

	
 

	
71

	
 

	
108,835,700.67

	
 

	
599,003.71

	
 

	
489,448.54

	
 

	
109,555.17

	
 

	
108,726,145.50 


	
7/1/11

	
 

	
72

	
 

	
108,726,145.50

	
 

	
599,812.00

	
 

	
473,183.09

	
 

	
126,628.91

	
 

	
108,599,516.59 


	
8/1/11

	
 

	
73

	
 

	
108,599,516.59

	
 

	
599,056.49

	
 

	
488,386.39

	
 

	
110,670.10

	
 

	
108,488,846.49 


	
9/1/11

	
 

	
74

	
 

	
108,488,846.49

	
 

	
599,081.22

	
 

	
487,888.69

	
 

	
111,192.53

	
 

	
108,377,653.96 


	
10/1/11

	
 

	
75

	
 

	
108,377,653.96

	
 

	
599,887.37

	
 

	
471,666.43

	
 

	
128,220.94

	
 

	
108,249,433.02 


	
11/1/11

	
 

	
76

	
 

	
108,249,433.02

	
 

	
599,134.73

	
 

	
486,812.02

	
 

	
112,322.71

	
 

	
108,137,110.31 


	
12/1/11

	
 

	
77

	
 

	
108,137,110.31

	
 

	
599,939.39

	
 

	
470,619.57

	
 

	
129,319.82

	
 

	
108,007,790.49 


	
1/1/12

	
 

	
78

	
 

	
108,007,790.49

	
 

	
599,188.73

	
 

	
485,725.32

	
 

	
113,463.41

	
 

	
107,894,327.08 


	
2/1/12

	
 

	
79

	
 

	
107,894,327.08

	
 

	
599,214.09

	
 

	
485,215.06

	
 

	
113,999.03

	
 

	
107,780,328.05 


	
3/1/12

	
 

	
80

	
 

	
107,780,328.05

	
 

	
600,793.54

	
 

	
453,431.27

	
 

	
147,362.27

	
 

	
107,632,965.78 


	
4/1/12

	
 

	
81

	
 

	
107,632,965.78

	
 

	
599,272.49

	
 

	
484,039.68

	
 

	
115,232.81

	
 

	
107,517,732.97 


	
5/1/12

	
 

	
82

	
 

	
107,517,732.97

	
 

	
600,073.34

	
 

	
467,924.00

	
 

	
132,149.34

	
 

	
107,385,583.63 


	
6/1/12

	
 

	
83

	
 

	
107,385,583.63

	
 

	
599,327.78

	
 

	
482,927.17

	
 

	
116,400.61

	
 

	
107,269,183.02 


	
7/1/12

	
 

	
84

	
 

	
107,269,183.02

	
 

	
600,127.10

	
 

	
466,842.30

	
 

	
133,284.80

	
 

	
107,135,898.22 


	
8/1/12

	
 

	
85

	
 

	
107,135,898.22

	
 

	
599,383.59

	
 

	
481,804.31

	
 

	
117,579.28

	
 

	
107,018,318.94 


	
9/1/12

	
 

	
86

	
 

	
107,018,318.94

	
 

	
599,409.86

	
 

	
481,275.54

	
 

	
118,134.32

	
 

	
106,900,184.62 


	
10/1/12

	
 

	
87

	
 

	
106,900,184.62

	
 

	
600,206.90

	
 

	
465,236.39

	
 

	
134,970.51

	
 

	
106,765,214.11 


	
11/1/12

	
 

	
88

	
 

	
106,765,214.11

	
 

	
599,466.42

	
 

	
480,137.29

	
 

	
119,329.13

	
 

	
106,645,884.98 


	
12/1/12

	
 

	
89

	
 

	
106,645,884.98

	
 

	
600,261.90

	
 

	
464,129.66

	
 

	
136,132.24

	
 

	
106,509,752.74 


	
1/1/13

	
 

	
90

	
 

	
106,509,752.74

	
 

	
599,523.52

	
 

	
478,988.45

	
 

	
120,535.07

	
 

	
106,389,217.67 


	
2/1/13

	
 

	
91

	
 

	
106,389,217.67

	
 

	
599,550.44

	
 

	
478,446.38

	
 

	
121,104.06

	
 

	
106,268,113.61 


	
3/1/13

	
 

	
92

	
 

	
106,268,113.61

	
 

	
601,875.78

	
 

	
431,653.21

	
 

	
170,222.57

	
 

	
106,097,891.04 


	
4/1/13

	
 

	
93

	
 

	
106,097,891.04

	
 

	
599,615.55

	
 

	
477,136.25

	
 

	
122,479.30

	
 

	
105,975,411.74 


	
5/1/13

	
 

	
94

	
 

	
105,975,411.74

	
 

	
600,406.90

	
 

	
461,211.72

	
 

	
139,195.18

	
 

	
105,836,216.56 


	
6/1/13

	
 

	
95

	
 

	
105,836,216.56

	
 

	
599,674.04

	
 

	
475,959.47

	
 

	
123,714.57

	
 

	
105,712,501.99 


	
7/1/13

	
 

	
96

	
 

	
105,712,501.99

	
 

	
600,463.76

	
 

	
460,067.52

	
 

	
140,396.24

	
 

	
105,572,105.75 


	
8/1/13

	
 

	
97

	
 

	
105,572,105.75

	
 

	
599,733.05

	
 

	
474,771.72

	
 

	
124,961.33

	
 

	
105,447,144.42 


	
9/1/13

	
 

	
98

	
 

	
105,447,144.42

	
 

	
599,760.98

	
 

	
474,209.76

	
 

	
125,551.22

	
 

	
105,321,593.20 


	
10/1/13

	
 

	
99

	
 

	
105,321,593.20

	
 

	
600,548.30

	
 

	
458,366.26

	
 

	
142,182.04

	
 

	
105,179,411.16 


	
11/1/13

	
 

	
100

	
 

	
105,179,411.16

	
 

	
599,820.81

	
 

	
473,005.72

	
 

	
126,815.09

	
 

	
105,052,596.07 


	
12/1/13

	
 

	
101

	
 

	
105,052,596.07

	
 

	
600,606.48

	
 

	
457,195.57

	
 

	
143,410.91

	
 

	
104,909,185.16 








	
 

	
 

	
 


	
2

	
Confidential
 Treatment Requested by BANA

	
BANA-Soth-00050












	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - Replacement
 Note A-1


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
1/1/14

	
 

	
102

	
 

	
104,909,185.16

	
 

	
599,881.20

	
 

	
471,790.48

	
 

	
128,090.72

	
 

	
104,781,094.44 


	
2/1/14

	
 

	
103

	
 

	
104,781,094.44

	
 

	
599,909.83

	
 

	
471,214.44

	
 

	
128,695.39

	
 

	
104,652,399.05 


	
3/1/14

	
 

	
104

	
 

	
104,652,399.05

	
 

	
602,201.90

	
 

	
425,090.29

	
 

	
177,111.61

	
 

	
104,475,287.44 


	
4/1/14

	
 

	
105

	
 

	
104,475,287.44

	
 

	
599,978.17

	
 

	
469,839.19

	
 

	
130,138.98

	
 

	
104,345,148.46 


	
5/1/14

	
 

	
106

	
 

	
104,345,148.46

	
 

	
600,759.48

	
 

	
454,116.71

	
 

	
146,642.77

	
 

	
104,198,505.69 


	
6/1/14

	
 

	
107

	
 

	
104,198,505.69

	
 

	
600,040.02

	
 

	
468,594.46

	
 

	
131,445.56

	
 

	
104,067,060.13 


	
7/1/14

	
 

	
108

	
 

	
104,067,060.13

	
 

	
600,819.62

	
 

	
452,906.45

	
 

	
147,913.17

	
 

	
103,919,146.96 


	
8/1/14

	
 

	
109

	
 

	
103,919,146.96

	
 

	
600,102.46

	
 

	
467,338.15

	
 

	
132,764.31

	
 

	
103,786,382.65 


	
9/1/14

	
 

	
110

	
 

	
103,786,382.65

	
 

	
600,132.13

	
 

	
466,741.09

	
 

	
133,391.04

	
 

	
103,652,991.61 


	
10/1/14

	
 

	
111

	
 

	
103,652,991.61

	
 

	
600,909.17

	
 

	
451,104.40

	
 

	
149,804.77

	
 

	
103,503,186.84 


	
11/1/14

	
 

	
112

	
 

	
103,503,186.84

	
 

	
600,195.41

	
 

	
465,467.52

	
 

	
134,727.89

	
 

	
103,368,458.95 


	
12/1/14

	
 

	
113

	
 

	
103,368,458.95

	
 

	
600,970.71

	
 

	
449,866.10

	
 

	
151,104.61

	
 

	
103,217,354.34 


	
1/1/15

	
 

	
114

	
 

	
103,217,354.34

	
 

	
600,259.30

	
 

	
464,182.10

	
 

	
136,077.20

	
 

	
103,081,277.14 


	
2/1/15

	
 

	
115

	
 

	
103,081,277.14

	
 

	
600,289.71

	
 

	
463,570.14

	
 

	
136,719.57

	
 

	
102,944,557.57 


	
3/1/15

	
 

	
116

	
 

	
102,944,557.57

	
 

	
602,546.64

	
 

	
418,153.17

	
 

	
184,393.47

	
 

	
102,760,164.10 


	
4/1/15

	
 

	
117

	
 

	
102,760,164.10

	
 

	
600,361.46

	
 

	
462,126.05

	
 

	
138,235.41

	
 

	
102,621,928.69 


	
5/1/15

	
 

	
118

	
 

	
102,621,928.69

	
 

	
601,132.16

	
 

	
446,617.15

	
 

	
154,515.01

	
 

	
102,467,413.68 


	
6/1/15

	
 

	
119

	
 

	
102,467,413.68

	
 

	
600,426.88

	
 

	
460,809.51

	
 

	
139,617.37

	
 

	
102,327,796.31 


	
7/1/15

	
 

	
120

	
 

	
102,327,796.31

	
 

	
102,773,133.38

	
 

	
445,337.07

	
 

	
102,327,796.31

	
 

	
—








	
 

	
 

	
 


	
3

	
Confidential Treatment Requested by BANA

	
BANA-Soth-00051 













	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - Replacement Note A-2


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
 


	
8/1/05

	
 

	
1

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
9/1/05

	
 

	
2

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
10/1/05

	
 

	
3

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
11/1/05

	
 

	
4

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
12/1/05

	
 

	
5

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
1/1/06

	
 

	
6

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
2/1/06

	
 

	
7

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
3/1/06

	
 

	
8

	
 

	
100,000,000.00

	
 

	
406,192.59

	
 

	
406,192.59

	
 

	
—

	
 

	
100,000,000.00


	
4/1/06

	
 

	
9

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
5/1/06

	
 

	
10

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
6/1/06

	
 

	
11

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
7/1/06

	
 

	
12

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
8/1/06

	
 

	
13

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
9/1/06

	
 

	
14

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
10/1/06

	
 

	
15

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
11/1/06

	
 

	
16

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
12/1/06

	
 

	
17

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
1/1/07

	
 

	
18

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
2/1/07

	
 

	
19

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
3/1/07

	
 

	
20

	
 

	
100,000,000.00

	
 

	
406,192.59

	
 

	
406,192.59

	
 

	
—

	
 

	
100,000,000.00


	
4/1/07

	
 

	
21

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
5/1/07

	
 

	
22

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
6/1/07

	
 

	
23

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
7/1/07

	
 

	
24

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
8/1/07

	
 

	
25

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
9/1/07

	
 

	
26

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
10/1/07

	
 

	
27

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
11/1/07

	
 

	
28

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
12/1/07

	
 

	
29

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
1/1/08

	
 

	
30

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
2/1/08

	
 

	
31

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
3/1/08

	
 

	
32

	
 

	
100,000,000.00

	
 

	
420,699.47

	
 

	
420,699.47

	
 

	
—

	
 

	
100,000,000.00


	
4/1/08

	
 

	
33

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
5/1/08

	
 

	
34

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
6/1/08

	
 

	
35

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
7/1/08

	
 

	
36

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
8/1/08

	
 

	
37

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
9/1/08

	
 

	
38

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
10/1/08

	
 

	
39

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
11/1/08

	
 

	
40

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
12/1/08

	
 

	
41

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
1/1/09

	
 

	
42

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
2/1/09

	
 

	
43

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
3/1/09

	
 

	
44

	
 

	
100,000,000.00

	
 

	
406,192.59

	
 

	
406,192.59

	
 

	
—

	
 

	
100,000,000.00


	
4/1/09

	
 

	
45

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
5/1/09

	
 

	
46

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
6/1/09

	
 

	
47

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
7/1/09

	
 

	
48

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
8/1/09

	
 

	
49

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
9/1/09

	
 

	
50

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00








	
 

	
 

	
 


	
1

	
Confidential Treatment Requested by
 BANA

	
BANA-Soth-00052















	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s- Replacement Note A-2


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
10/1/09

	
 

	
51

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
11/1/09

	
 

	
52

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
12/1/09

	
 

	
53

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
1/1/10

	
 

	
54

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
2/1/10

	
 

	
55

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
3/1/10

	
 

	
56

	
 

	
100,000,000.00

	
 

	
406,192.59

	
 

	
406,192.59

	
 

	
—

	
 

	
100,000,000.00


	
4/1/10

	
 

	
57

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
5/1/10

	
 

	
58

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
6/1/10

	
 

	
59

	
 

	
100,000,000.00

	
 

	
449,713.23

	
 

	
449,713.23

	
 

	
—

	
 

	
100,000,000.00


	
7/1/10

	
 

	
60

	
 

	
100,000,000.00

	
 

	
435,206.35

	
 

	
435,206.35

	
 

	
—

	
 

	
100,000,000.00


	
8/1/10

	
 

	
61

	
 

	
100,000,000.00

	
 

	
544,312.29

	
 

	
449,713.23

	
 

	
94,599.06

	
 

	
99,905,400.94


	
9/1/10

	
 

	
62

	
 

	
99,905,400.94

	
 

	
544,333.43

	
 

	
449,287.80

	
 

	
95,045.63

	
 

	
99,810,355.31


	
10/1/10

	
 

	
63

	
 

	
99,810,355.31

	
 

	
545,074.20

	
 

	
434,381.00

	
 

	
110,693.20

	
 

	
99,699,662.11


	
11/1/10

	
 

	
64

	
 

	
99,699,662.11

	
 

	
544,379.41

	
 

	
448,362.57

	
 

	
96,016.84

	
 

	
99,603,645.27


	
12/1/10

	
 

	
65

	
 

	
99,603,645.27

	
 

	
545,118.91

	
 

	
433,481.39

	
 

	
111,637.52

	
 

	
99,492,007.75


	
1/1/11

	
 

	
66

	
 

	
99,492,007.75

	
 

	
544,425.81

	
 

	
447,428.72

	
 

	
96,997.09

	
 

	
99,395,010.66


	
2/1/11

	
 

	
67

	
 

	
99,395,010.66

	
 

	
544,447.49

	
 

	
446,992.51

	
 

	
97,454.98

	
 

	
99,297,555.68


	
3/1/11

	
 

	
68

	
 

	
99,297,555.68

	
 

	
546,616.78

	
 

	
403,339.32

	
 

	
143,277.46

	
 

	
99,154,278.22


	
4/1/11

	
 

	
69

	
 

	
99,154,278.22

	
 

	
544,501.28

	
 

	
445,909.90

	
 

	
98,591.38

	
 

	
99,055,686.84


	
5/1/11

	
 

	
70

	
 

	
99,055,686.84

	
 

	
545,237.41

	
 

	
431,096.64

	
 

	
114,140.77

	
 

	
98,941,546.07


	
6/1/11

	
 

	
71

	
 

	
98,941,546.07

	
 

	
544,548.83

	
 

	
444,953.22

	
 

	
99,595.61

	
 

	
98,841,950.46


	
7/1/11

	
 

	
72

	
 

	
98,841,950.46

	
 

	
545,283.63

	
 

	
430,166.44

	
 

	
115,117.19

	
 

	
98,726,833.27


	
8/1/11

	
 

	
73

	
 

	
98,726,833.27

	
 

	
544,596.81

	
 

	
443,987.63

	
 

	
100,609.18

	
 

	
98,626,224.09


	
9/1/11

	
 

	
74

	
 

	
98,626,224.09

	
 

	
544,619.30

	
 

	
443,535.18

	
 

	
101,084.12

	
 

	
98,525,139.97


	
10/1/11

	
 

	
75

	
 

	
98,525,139.97

	
 

	
545,352.15

	
 

	
428,787.66

	
 

	
116,564.49

	
 

	
98,408,575.48


	
11/1/11

	
 

	
76

	
 

	
98,408,575.48

	
 

	
544,667.94

	
 

	
442,556.38

	
 

	
102,111.56

	
 

	
98,306,463.92


	
12/1/11

	
 

	
77

	
 

	
98,306,463.92

	
 

	
545,399.44

	
 

	
427,835.97

	
 

	
117,563.47

	
 

	
98,188,900.45


	
1/1/12

	
 

	
78

	
 

	
98,188,900.45

	
 

	
544,717.03

	
 

	
441,568.47

	
 

	
103,148.56

	
 

	
98,085,751.89


	
2/1/12

	
 

	
79

	
 

	
98,085,751.89

	
 

	
544,740.08

	
 

	
441,104.60

	
 

	
103,635.48

	
 

	
97,982,116.41


	
3/1/12

	
 

	
80

	
 

	
97,982,116.41

	
 

	
546,175.95

	
 

	
412,210.25

	
 

	
133,965.70

	
 

	
97,848,150.71


	
4/1/12

	
 

	
81

	
 

	
97,848,150.71

	
 

	
544,793.18

	
 

	
440,036.08

	
 

	
104,757.10

	
 

	
97,743,393.61


	
5/1/12

	
 

	
82

	
 

	
97,743,393.61

	
 

	
545,521.22

	
 

	
425,385.45

	
 

	
120,135.77

	
 

	
97,623,257.84


	
6/1/12

	
 

	
83

	
 

	
97,623,257.84

	
 

	
544,843.44

	
 

	
439,024.70

	
 

	
105,818.74

	
 

	
97,517,439.10


	
7/1/12

	
 

	
84

	
 

	
97,517,439.10

	
 

	
545,570.09

	
 

	
424,402.09

	
 

	
121,168.00

	
 

	
97,396,271.10


	
8/1/12

	
 

	
85

	
 

	
97,396,271.10

	
 

	
544,894.16

	
 

	
438,003.91

	
 

	
106,890.25

	
 

	
97,289,380.85


	
9/1/12

	
 

	
86

	
 

	
97,289,380.85

	
 

	
544,918.05

	
 

	
437,523.21

	
 

	
107,394.84

	
 

	
97,181,986.01


	
10/1/12

	
 

	
87

	
 

	
97,181,986.01

	
 

	
545,642.63

	
 

	
422,942.17

	
 

	
122,700.46

	
 

	
97,059,285.55


	
11/1/12

	
 

	
88

	
 

	
97,059,285.55

	
 

	
544,969.48

	
 

	
436,488.45

	
 

	
108,481.03

	
 

	
96,950,804.52


	
12/1/12

	
 

	
89

	
 

	
96,950,804.52

	
 

	
545,692.64

	
 

	
421,936.06

	
 

	
123,756.58

	
 

	
96,827,047.94


	
1/1/13

	
 

	
90

	
 

	
96,827,047.94

	
 

	
545,021.37

	
 

	
435,444.04

	
 

	
109,577.33

	
 

	
96,717,470.61


	
2/1/13

	
 

	
91

	
 

	
96,717,470.61

	
 

	
545,045.86

	
 

	
434,951.26

	
 

	
110,094.60

	
 

	
96,607,376.01


	
3/1/13

	
 

	
92

	
 

	
96,607,376.01

	
 

	
547,159.80

	
 

	
392,412.01

	
 

	
154,747.79

	
 

	
96,452,628.22


	
4/1/13

	
 

	
93

	
 

	
96,452,628.22

	
 

	
545,105.05

	
 

	
433,760.23

	
 

	
111,344.82

	
 

	
96,341,283.40


	
5/1/13

	
 

	
94

	
 

	
96,341,283.40

	
 

	
545,824.45

	
 

	
419,283.38

	
 

	
126,541.07

	
 

	
96,214,742.33


	
6/1/13

	
 

	
95

	
 

	
96,214,742.33

	
 

	
545,158.21

	
 

	
432,690.42

	
 

	
112,467.79

	
 

	
96,102,274.54


	
7/1/13

	
 

	
96

	
 

	
96,102,274.54

	
 

	
545,876.14

	
 

	
418,243.20

	
 

	
127,632.94

	
 

	
95,974,641.60


	
8/1/13

	
 

	
97

	
 

	
95,974,641.60

	
 

	
545,211.87

	
 

	
431,610.66

	
 

	
113,601.21

	
 

	
95,861,040.39


	
9/1/13

	
 

	
98

	
 

	
95,861,040.39

	
 

	
545,237.26

	
 

	
431,099.78

	
 

	
114,137.48

	
 

	
95,746,902.91


	
10/1/13

	
 

	
99

	
 

	
95,746,902.91

	
 

	
545,953.00

	
 

	
416,696.60

	
 

	
129,256.40

	
 

	
95,617,646.51


	
11/1/13

	
 

	
100

	
 

	
95,617,646.51

	
 

	
545,291.65

	
 

	
430,005.20

	
 

	
115,286.45

	
 

	
95,502,360.06


	
12/1/13

	
 

	
101

	
 

	
95,502,360.06

	
 

	
546,005.89

	
 

	
415,632.33

	
 

	
130,373.56

	
 

	
95,371,986.50








	
 

	
 

	
 


	
2

	
Confidential Treatment Requested by
 BANA

	
BANA-Soth-00053












	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s- Replacement Note A-2


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	




	
1/1/14

	
 

	
102

	
 

	
95,371,986.50

	
 

	
545,346.55

	
 

	
428,900.44

	
 

	
116,446.11

	
 

	
95,255,540.39


	
2/1/14

	
 

	
103

	
 

	
95,255,540.39

	
 

	
545,372.58

	
 

	
428,376.77

	
 

	
116,995.81

	
 

	
95,138,544.58


	
3/1/14

	
 

	
104

	
 

	
95,138,544.58

	
 

	
547,456.28

	
 

	
386,445.72

	
 

	
161,010.56

	
 

	
94,977,534.02


	
4/1/14

	
 

	
105

	
 

	
94,977,534.02

	
 

	
545,434.70

	
 

	
427,126.53

	
 

	
118,308.17

	
 

	
94,859,225.85


	
5/1/14

	
 

	
106

	
 

	
94,859,225.85

	
 

	
546,144.98

	
 

	
412,833.37

	
 

	
133,311.61

	
 

	
94,725,914.24


	
6/1/14

	
 

	
107

	
 

	
94,725,914.24

	
 

	
545,490.94

	
 

	
425,994.97

	
 

	
119,495.97

	
 

	
94,606,418.27


	
7/1/14

	
 

	
108

	
 

	
94,606,418.27

	
 

	
546,199.65

	
 

	
411,733.14

	
 

	
134,466.51

	
 

	
94,471,951.76


	
8/1/14

	
 

	
109

	
 

	
94,471,951.76

	
 

	
545,547.69

	
 

	
424,852.86

	
 

	
120,694.83

	
 

	
94,351,256.93


	
9/1/14

	
 

	
110

	
 

	
94,351,256.93

	
 

	
545,574.66

	
 

	
424,310.08

	
 

	
121,264.58

	
 

	
94,229,992.35


	
10/1/14

	
 

	
111

	
 

	
94,229,992.35

	
 

	
546,281.06

	
 

	
410,094.91

	
 

	
136,186.15

	
 

	
94,093,806.20


	
11/1/14

	
 

	
112

	
 

	
94,093,806.20

	
 

	
545,632.19

	
 

	
423,152.29

	
 

	
122,479.90

	
 

	
93,971,326.30


	
12/1/14

	
 

	
113

	
 

	
93,971,326.30

	
 

	
546,337.01

	
 

	
408,969.18

	
 

	
137,367.83

	
 

	
93,833,958.47


	
1/1/15

	
 

	
114

	
 

	
93,833,958.47

	
 

	
545,690.26

	
 

	
421,983.72

	
 

	
123,706.54

	
 

	
93,710,251.93


	
2/1/15

	
 

	
115

	
 

	
93,710,251.93

	
 

	
545,717.91

	
 

	
421,427.40

	
 

	
124,290.51

	
 

	
93,585,961.42


	
3/1/15

	
 

	
116

	
 

	
93,585,961.42

	
 

	
547,769.67

	
 

	
380,139.24

	
 

	
167,630.43

	
 

	
93,418,330.99


	
4/1/15

	
 

	
117

	
 

	
93,418,330.99

	
 

	
545,783.15

	
 

	
420,114.59

	
 

	
125,668.56

	
 

	
93,292,662.43


	
5/1/15

	
 

	
118

	
 

	
93,292,662.43

	
 

	
546,483.78

	
 

	
406,015.59

	
 

	
140,468.19

	
 

	
93,152,194.24


	
6/1/15

	
 

	
119

	
 

	
93,152,194.24

	
 

	
545,842.63

	
 

	
418,917.74

	
 

	
126,924.89

	
 

	
93,025,269.35


	
7/1/15

	
 

	
120

	
 

	
93,025,269.35

	
 

	
93,430,121.23

	
 

	
404,851.88

	
 

	
93,025,269.35

	
 

	
—








	
 

	
 

	
 


	
3

	
Confidential
 Treatment Requested by BANA

	
BANA-Soth-00054


	
 

	
 

	
 













	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - Replacement Note B


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
 


	
8/1/05

	
 

	
1

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
9/1/05

	
 

	
2

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
10/1/05

	
 

	
3

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
11/1/05

	
 

	
4

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
12/1/05

	
 

	
5

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
1/1/06

	
 

	
6

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
2/1/06

	
 

	
7

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
3/1/06

	
 

	
8

	
 

	
25,000,000.00

	
 

	
148,983.33

	
 

	
148,983.33

	
 

	
—

	
 

	
25,000,000.00


	
4/1/06

	
 

	
9

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
5/1/06

	
 

	
10

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
6/1/06

	
 

	
11

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
7/1/06

	
 

	
12

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
8/1/06

	
 

	
13

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
9/1/06

	
 

	
14

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
10/1/06

	
 

	
15

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
11/1/06

	
 

	
16

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
12/1/06

	
 

	
17

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
1/1/07

	
 

	
18

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
2/1/07

	
 

	
19

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
3/1/07

	
 

	
20

	
 

	
25,000,000.00

	
 

	
148,983.33

	
 

	
148,983.33

	
 

	
—

	
 

	
25,000,000.00


	
4/1/07

	
 

	
21

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
5/1/07

	
 

	
22

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
6/1/07

	
 

	
23

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
7/1/07

	
 

	
24

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
8/1/07

	
 

	
25

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
9/1/07

	
 

	
26

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
10/1/07

	
 

	
27

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
11/1/07

	
 

	
28

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
12/1/07

	
 

	
29

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
1/1/08

	
 

	
30

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
2/1/08

	
 

	
31

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
3/1/08

	
 

	
32

	
 

	
25,000,000.00

	
 

	
154,304.17

	
 

	
154,304.17

	
 

	
—

	
 

	
25,000,000.00


	
4/1/08

	
 

	
33

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
5/1/08

	
 

	
34

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
6/1/08

	
 

	
35

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
7/1/08

	
 

	
36

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
8/1/08

	
 

	
37

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
9/1/08

	
 

	
38

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
10/1/08

	
 

	
39

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
11/1/08

	
 

	
40

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
12/1/08

	
 

	
41

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
1/1/09

	
 

	
42

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
2/1/09

	
 

	
43

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
3/1/09

	
 

	
44

	
 

	
25,000,000.00

	
 

	
148,983.33

	
 

	
148,983.33

	
 

	
—

	
 

	
25,000,000.00


	
4/1/09

	
 

	
45

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
5/1/09

	
 

	
46

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
6/1/09

	
 

	
47

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
7/1/09

	
 

	
48

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
8/1/09

	
 

	
49

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
9/1/09

	
 

	
50

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00








	
 

	
 

	
 


	
1

	
Confidential
 Treatment Requested by BANA

	
BANA-Soth-00055












	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - Replacement Note B


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	



	
10/1/09

	
 

	
51

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
11/1/09

	
 

	
52

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
12/1/09

	
 

	
53

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
1/1/10

	
 

	
54

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
2/1/10

	
 

	
55

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
3/1/10

	
 

	
56

	
 

	
25,000,000.00

	
 

	
148,983.33

	
 

	
148,983.33

	
 

	
—

	
 

	
25,000,000.00


	
4/1/10

	
 

	
57

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
5/1/10

	
 

	
58

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
6/1/10

	
 

	
59

	
 

	
25,000,000.00

	
 

	
164,945.83

	
 

	
164,945.83

	
 

	
—

	
 

	
25,000,000.00


	
7/1/10

	
 

	
60

	
 

	
25,000,000.00

	
 

	
159,625.00

	
 

	
159,625.00

	
 

	
—

	
 

	
25,000,000.00


	
8/1/10

	
 

	
61

	
 

	
25,000,000.00

	
 

	
188,595.59

	
 

	
164,945.83

	
 

	
23,649.76

	
 

	
24,976,350.24


	
9/1/10

	
 

	
62

	
 

	
24,976,350.24

	
 

	
188,551.21

	
 

	
164,789.80

	
 

	
23,761.41

	
 

	
24,952,588.83


	
10/1/10

	
 

	
63

	
 

	
24,952,588.83

	
 

	
186,995.58

	
 

	
159,322.28

	
 

	
27,673.30

	
 

	
24,924,915.53


	
11/1/10

	
 

	
64

	
 

	
24,924,915.53

	
 

	
188,454.65

	
 

	
164,450.44

	
 

	
24,004.21

	
 

	
24,900,911.32


	
12/1/10

	
 

	
65

	
 

	
24,900,911.32

	
 

	
186,901.70

	
 

	
158,992.32

	
 

	
27,909.38

	
 

	
24,873,001.94


	
1/1/11

	
 

	
66

	
 

	
24,873,001.94

	
 

	
188,357.19

	
 

	
164,107.92

	
 

	
24,249.27

	
 

	
24,848,752.67


	
2/1/11

	
 

	
67

	
 

	
24,848,752.67

	
 

	
188,311.67

	
 

	
163,947.93

	
 

	
24,363.74

	
 

	
24,824,388.93


	
3/1/11

	
 

	
68

	
 

	
24,824,388.93

	
 

	
183,756.17

	
 

	
147,936.81

	
 

	
35,819.36

	
 

	
24,788,569.57


	
4/1/11

	
 

	
69

	
 

	
24,788,569.57

	
 

	
188,198.70

	
 

	
163,550.85

	
 

	
24,647.85

	
 

	
24,763,921.72


	
5/1/11

	
 

	
70

	
 

	
24,763,921.72

	
 

	
186,652.83

	
 

	
158,117.64

	
 

	
28,535.19

	
 

	
24,735,386.53


	
6/1/11

	
 

	
71

	
 

	
24,735,386.53

	
 

	
188,098.86

	
 

	
163,199.96

	
 

	
24,898.90

	
 

	
24,710,487.63


	
7/1/11

	
 

	
72

	
 

	
24,710,487.63

	
 

	
186,555.76

	
 

	
157,776.46

	
 

	
28,779.30

	
 

	
24,681,708.33


	
8/1/11

	
 

	
73

	
 

	
24,681,708.33

	
 

	
187,998.10

	
 

	
162,845.80

	
 

	
25,152.30

	
 

	
24,656,556.03


	
9/1/11

	
 

	
74

	
 

	
24,656,556.03

	
 

	
187,950.88

	
 

	
162,679.85

	
 

	
25,271.03

	
 

	
24,631,285.00


	
10/1/11

	
 

	
75

	
 

	
24,631,285.00

	
 

	
186,411.87

	
 

	
157,270.75

	
 

	
29,141.12

	
 

	
24,602,143.88


	
11/1/11

	
 

	
76

	
 

	
24,602,143.88

	
 

	
187,848.73

	
 

	
162,320.84

	
 

	
25,527.89

	
 

	
24,576,615.99


	
12/1/11

	
 

	
77

	
 

	
24,576,615.99

	
 

	
186,312.56

	
 

	
156,921.69

	
 

	
29,390.87

	
 

	
24,547,225.12


	
1/1/12

	
 

	
78

	
 

	
24,547,225.12

	
 

	
187,745.64

	
 

	
161,958.50

	
 

	
25,787.14

	
 

	
24,521,437.98


	
2/1/12

	
 

	
79

	
 

	
24,521,437.98

	
 

	
187,697.23

	
 

	
161,788.36

	
 

	
25,908.87

	
 

	
24,495,529.11


	
3/1/12

	
 

	
80

	
 

	
24,495,529.11

	
 

	
184,681.92

	
 

	
151,190.49

	
 

	
33,491.43

	
 

	
24,462,037.68


	
4/1/12

	
 

	
81

	
 

	
24,462,037.68

	
 

	
187,585.73

	
 

	
161,396.45

	
 

	
26,189.28

	
 

	
24,435,848.40


	
5/1/12

	
 

	
82

	
 

	
24,435,848.40

	
 

	
186,056.83

	
 

	
156,022.89

	
 

	
30,033.94

	
 

	
24,405,814.46


	
6/1/12

	
 

	
83

	
 

	
24,405,814.46

	
 

	
187,480.18

	
 

	
161,025.50

	
 

	
26,454.68

	
 

	
24,379,359.78


	
7/1/12

	
 

	
84

	
 

	
24,379,359.78

	
 

	
185,954.21

	
 

	
155,662.21

	
 

	
30,292.00

	
 

	
24,349,067.78


	
8/1/12

	
 

	
85

	
 

	
24,349,067.78

	
 

	
187,373.65

	
 

	
160,651.09

	
 

	
26,722.56

	
 

	
24,322,345.22


	
9/1/12

	
 

	
86

	
 

	
24,322,345.22

	
 

	
187,323.49

	
 

	
160,474.78

	
 

	
26,848.71

	
 

	
24,295,496.51


	
10/1/12

	
 

	
87

	
 

	
24,295,496.51

	
 

	
185,801.87

	
 

	
155,126.75

	
 

	
30,675.12

	
 

	
24,264,821.39


	
11/1/12

	
 

	
88

	
 

	
24,264,821.39

	
 

	
187,215.51

	
 

	
160,095.25

	
 

	
27,120.26

	
 

	
24,237,701.13


	
12/1/12

	
 

	
89

	
 

	
24,237,701.13

	
 

	
185,696.86

	
 

	
154,757.72

	
 

	
30,939.14

	
 

	
24,206,761.99


	
1/1/13

	
 

	
90

	
 

	
24,206,761.99

	
 

	
187,106.51

	
 

	
159,712.18

	
 

	
27,394.33

	
 

	
24,179,367.66


	
2/1/13

	
 

	
91

	
 

	
24,179,367.66

	
 

	
187,055.09

	
 

	
159,531.44

	
 

	
27,523.65

	
 

	
24,151,844.01


	
3/1/13

	
 

	
92

	
 

	
24,151,844.01

	
 

	
182,615.84

	
 

	
143,928.89

	
 

	
38,686.95

	
 

	
24,113,157.06


	
4/1/13

	
 

	
93

	
 

	
24,113,157.06

	
 

	
186,930.80

	
 

	
159,094.59

	
 

	
27,836.21

	
 

	
24,085,320.85


	
5/1/13

	
 

	
94

	
 

	
24,085,320.85

	
 

	
185,420.04

	
 

	
153,784.77

	
 

	
31,635.27

	
 

	
24,053,685.58


	
6/1/13

	
 

	
95

	
 

	
24,053,685.58

	
 

	
186,819.16

	
 

	
158,702.21

	
 

	
28,116.95

	
 

	
24,025,568.63


	
7/1/13

	
 

	
96

	
 

	
24,025,568.63

	
 

	
185,311.50

	
 

	
153,403.26

	
 

	
31,908.24

	
 

	
23,993,660.39


	
8/1/13

	
 

	
97

	
 

	
23,993,660.39

	
 

	
186,706.47

	
 

	
158,306.17

	
 

	
28,400.30

	
 

	
23,965,260.09


	
9/1/13

	
 

	
98

	
 

	
23,965,260.09

	
 

	
186,653.16

	
 

	
158,118.79

	
 

	
28,534.37

	
 

	
23,936,725.72


	
10/1/13

	
 

	
99

	
 

	
23,936,725.72

	
 

	
185,150.09

	
 

	
152,835.99

	
 

	
32,314.10

	
 

	
23,904,411.62


	
11/1/13

	
 

	
100

	
 

	
23,904,411.62

	
 

	
186,538.93

	
 

	
157,717.32

	
 

	
28,821.61

	
 

	
23,875,590.01


	
12/1/13

	
 

	
101

	
 

	
23,875,590.01

	
 

	
185,039.03

	
 

	
152,445.64

	
 

	
32,593.39

	
 

	
23,842,996.62








	
 

	
 

	
 


	
2

	
Confidential
 Treatment Requested by BANA

	
BANA-Soth-00056












	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 

	
 


	
 

	
 

	
Sotheby’s - Replacement Note B


	
 

	
 

	



	
Date

	
 

	
Payment

 Period

	
 

	
Begin

 Principal

	
 

	
Monthly

 Payment

	
 

	
Interest

 Payment

	
 

	
Principal 

 Payment

	
 

	
Ending

 Principal


	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	


	
 

	




	
1/1/14

	
 

	
102

	
 

	
23,842,996.62

	
 

	
186,423.65

	
 

	
157,312.12

	
 

	
29,111.53

	
 

	
23,813,885.09


	
2/1/14

	
 

	
103

	
 

	
23,813,885.09

	
 

	
186,368.99

	
 

	
157,120.04

	
 

	
29,248.95

	
 

	
23,784,636.14


	
3/1/14

	
 

	
104

	
 

	
23,784,636.14

	
 

	
181,993.21

	
 

	
141,740.57

	
 

	
40,252.64

	
 

	
23,744,383.50


	
4/1/14

	
 

	
105

	
 

	
23,744,383.50

	
 

	
186,238.52

	
 

	
156,661.48

	
 

	
29,577.04

	
 

	
23,714,806.46


	
5/1/14

	
 

	
106

	
 

	
23,714,806.46

	
 

	
184,746.94

	
 

	
151,419.04

	
 

	
33,327.90

	
 

	
23,681,478.56


	
6/1/14

	
 

	
107

	
 

	
23,681,478.56

	
 

	
186,120.44

	
 

	
156,246.45

	
 

	
29,873.99

	
 

	
23,651,604.57


	
7/1/14

	
 

	
108

	
 

	
23,651,604.57

	
 

	
184,632.13

	
 

	
151,015.50

	
 

	
33,616.63

	
 

	
23,617,987.94


	
8/1/14

	
 

	
109

	
 

	
23,617,987.94

	
 

	
186,001.26

	
 

	
155,827.55

	
 

	
30,173.71

	
 

	
23,587,814.23


	
9/1/14

	
 

	
110

	
 

	
23,587,814.23

	
 

	
185,944.61

	
 

	
155,628.47

	
 

	
30,316.14

	
 

	
23,557,498.09


	
10/1/14

	
 

	
111

	
 

	
23,557,498.09

	
 

	
184,461.17

	
 

	
150,414.63

	
 

	
34,046.54

	
 

	
23,523,451.55


	
11/1/14

	
 

	
112

	
 

	
23,523,451.55

	
 

	
185,823.79

	
 

	
155,203.81

	
 

	
30,619.98

	
 

	
23,492,831.57


	
12/1/14

	
 

	
113

	
 

	
23,492,831.57

	
 

	
184,343.69

	
 

	
150,001.73

	
 

	
34,341.96

	
 

	
23,458,489.61


	
1/1/15

	
 

	
114

	
 

	
23,458,489.61

	
 

	
185,701.84

	
 

	
154,775.20

	
 

	
30,926.64

	
 

	
23,427,562.97


	
2/1/15

	
 

	
115

	
 

	
23,427,562.97

	
 

	
185,643.79

	
 

	
154,571.16

	
 

	
31,072.63

	
 

	
23,396,490.34


	
3/1/15

	
 

	
116

	
 

	
23,396,490.34

	
 

	
181,335.09

	
 

	
139,427.48

	
 

	
41,907.61

	
 

	
23,354,582.73


	
4/1/15

	
 

	
117

	
 

	
23,354,582.73

	
 

	
185,506.78

	
 

	
154,089.64

	
 

	
31,417.14

	
 

	
23,323,165.59


	
5/1/15

	
 

	
118

	
 

	
23,323,165.59

	
 

	
184,035.46

	
 

	
148,918.41

	
 

	
35,117.05

	
 

	
23,288,048.54


	
6/1/15

	
 

	
119

	
 

	
23,288,048.54

	
 

	
185,381.88

	
 

	
153,650.66

	
 

	
31,731.22

	
 

	
23,256,317.32


	
7/1/15

	
 

	
120

	
 

	
23,256,317.32

	
 

	
23,404,808.91

	
 

	
148,491.59

	
 

	
23,256,317.32

	
 

	
—








	
 

	
 

	
 


	
3

	
Confidential Treatment Requested
 by BANA

	
BANA-Soth-00057