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We should be all good on this - Sara and I have been coordinating.

Next week we need to deal with your loan but it should be about $35-40K if you don't take any more out. Pretty amazing you are down to that small a number, huh?

Eric D. Schwerin
eschwerin@rosemontseneca.com

Sent from my iPhone

Begin forwarded message:

> From: "Sara Biden" <sbiden@lionhallgp.com>
> Date: January 23, 2014 at 3:42:38 PM EST
> To: "'Eric Schwerin'" <eschwerin@rosemontseneca.com>
> Cc: "'Joan Peugh'" <jpeugh@rosemontseneca.com>
> Subject: RE: Connecting You Both
>
> Thanks Eric! (and Joan)
>
> From: Eric Schwerin [mailto:eschwerin@rosemontseneca.com]
> Sent: Thursday, January 23, 2014 1:31 PM
> To: George W. Connors
> Cc: Jim Biden; Sara Biden
> Subject: Re: Connecting You Both
>
> George-
>
> We made a deposit today of $278,879.82 as BG's final loan payment.
>
> Let me know if you don't have record of it but it should have been dropped off this morning.
>
>
> Thanks,
>
>
> Eric
>
> Eric D. Schwerin
> eschwerin@rosemontseneca.com
>
> Sent from my iPhone
>
> On Jan 22, 2014, at 6:16 PM, "George W. Connors" <gconnors@wfbi.com> wrote:
>
> Jim:
>
> Spoke with Walker’s Marine and it sounds as if $20M will hold the boat; concerning the updated information we will need:
>
> 1. 2012 Tax Return-full copy
> 2. Updated Personal Financial Statement-our form enclosed-Joan also has copy of this
> 3. We ran a Zillow search on your residence (27 Raynham Rd, Merion Station, PA) and it was short of your estimate, so we may need to get an evaluation; Just to get this expedited, please send a copy of your latest tax assessment; We can probably still make it work on the Zillow number if loan is restricted to total of under $200M
>
> Eric/Jim: We are not showing any out of schedule pay down on the BG Equity loan-our system shows Current Balance: $357M (paid down from $582M when restructured); Eric-it appears you are traveling, but please check into to see if we should have received this or if this was going to be paid at time we pay off the BG Equity loan with replacement notes to Jim and Hunter. If we presume that approximately $280M was paid to BG Equity from Jim, the residual balance of $77M to be split between Jim and Hunter would allow Jim’s new note to include the boat purchase as well as his share of residual to stay under $200M.
>
>
> George W. Connors
> President and Chief Credit Officer
> WashingtonFirst Bank
> 11921 Freedom Drive, Suite 250
> Reston, VA 20190
> Phone: (703) 961-7889
> Cell: (202) 365-4444
> gconnors@wfbi.com
> www.wfbi.com
>
>
> Notice: The information contained in this message may be privileged, confidential, and protected from disclosure. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by replying to this message, and then delete it from your computer. All e-mail sent to this address will be received by WashingtonFirst Bank corporate e-mail system and is subject to archiving and review by someone other than the recipient.
>
> From: Eric Schwerin [mailto:eschwerin@rosemontseneca.com]
> Sent: Tuesday, January 21, 2014 5:03 PM
> To: George W. Connors
> Cc: Jim Biden
> Subject: Connecting You Both
>
> George-
>
> Per our conversation, I am copying Jim on this email. He'll email you with the particulars regarding the boat and how much needs to be financed, etc. Jim, George said he'll get back to you with options as to how you can do this. That is, making the remainder of the BG note one loan and the boat a separate loan or combining them. Also, there may be two options on whether you want to make a home equity loan or not.
>
> George, let us know what you need on the BG note and Jim will get you what you need on boat piece of this.
>
> Thanks,
>
> Eric
>
>
>
> Eric D. Schwerin
> Rosemont Seneca Partners, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880
> eschwerin@rosemontseneca.com
> P Consider the environment before printing this email.
>
> <WFB PFS Template (to be completed by guarantor).pdf