Statement of Account

LE-20260603-1 · Issued Jun 3, 2026
16 Livemore Lane, Unit 8, Laconia, NH 03246 (Boulevard Commons Unit 8)

Borrower

Tim LeBlanc
20 Governors Road, Groveland, MA 01834
mysticpropertyservices@gmail.com

Lender

Michael Merlina
Boulevard Commons Unit 8
39 Saugus Avenue, Saugus, MA 01906
Total Owed Today
$300,000.00

Loan Summary

Original Principal
$250,000.00
Finance Charge
$50,000.00
Down Payment
$25,000.00
Total Payable
$300,000.00
Installments
8 × $34,375.00 quarterly
Late Fee
5% if > 10d past due
Default Interest
12% APR after 30d
Closed → Maturity
May 19, 2026 → Apr 15, 2028

Current Status

Balance Remaining
$300,000.00
Total Paid
$0.00
Late Fees Owed
$0.00
Default Interest Owed
$0.00

Payment Schedule

#TypeDueStatusAmount DuePaidPaid DateLate FeeDefault Int.
0 down payment Jun 4, 2026 Pending $25,000.00 — — — —
1 installment Jul 15, 2026 Pending $34,375.00 — — — —
2 installment Oct 15, 2026 Pending $34,375.00 — — — —
3 installment Jan 15, 2027 Pending $34,375.00 — — — —
4 installment Apr 15, 2027 Pending $34,375.00 — — — —
5 installment Jul 15, 2027 Pending $34,375.00 — — — —
6 installment Oct 15, 2027 Pending $34,375.00 — — — —
7 installment Jan 15, 2028 Pending $34,375.00 — — — —
8 maturity Apr 15, 2028 Pending $34,375.00 — — — —

Payment Instructions

By Check
Make checks payable to Michael Merlina
Mail to: 39 Saugus Avenue, Saugus, MA 01906
Include loan reference: LE-20260603-1
By Wire Transfer
Bank: Atlantic Community Bankers Bank (ACBB)
ABA / Routing: 031301752
For credit to: Everett Bank, Account 220689
FBO: Michael Merlina, Account 21679769