<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=Content-Type content=text/html;charset=utf-8>
<META content="MSHTML 6.00.6000.17092" name=GENERATOR></HEAD>
<BODY id=MailContainerBody dir=ltr
style="PADDING-RIGHT: 10px; PADDING-LEFT: 10px; PADDING-TOP: 15px" leftMargin=0
topMargin=0 CanvasTabStop="true" name="Compose message area">
<DIV><FONT face=Arial size=2>The note requested by then-Commodore Dionne called
for us to be able to </FONT><FONT face=Arial size=2>borrow an amount
<STRONG>UP TO</STRONG> $55,000, with <STRONG>no</STRONG> prepayment penalty, and
I think that's what we want. </FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>I also think we make a great mistake by not
approaching another bank (Optima?) for a loan alternative. We just might
get a better deal. I think FSB might be taking us for granted.
</FONT></DIV>
<DIV style="FONT: 10pt Tahoma">
<DIV><BR></DIV>
<DIV style="BACKGROUND: #f5f5f5">
<DIV style="font-color: black"><B>From:</B> <A title=junipersc@comcast.net
href="mailto:junipersc@comcast.net">Greg Gebow</A> </DIV>
<DIV><B>Sent:</B> Saturday, November 13, 2010 10:23 AM</DIV>
<DIV><B>To:</B> <A
title="mailto:board@portsmouthyc.org CTRL + Click to follow link"
href="mailto:board@portsmouthyc.org">board@portsmouthyc.org</A> </DIV>
<DIV><B>Subject:</B> [Board] Fw: mortgage</DIV></DIV></DIV>
<DIV><BR></DIV>
<DIV dir=ltr>
<DIV style="FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: 'Calibri'">
<DIV>Sorry these are in the wrong order. We are still trying to figure out our
new computer. I want to draw your attention to Loan Amount \u2013 The total amount
exceeds that authorized by the membership. On page 2 \u2013 Penalty: I don\u2019t
totally understand the meaning. I will attempt to clarify with the bank. Any
input, please call or e-mail me.</DIV>
<DIV>Greg</DIV>
<DIV
style="DISPLAY: inline; FONT-WEIGHT: normal; FONT-SIZE: small; COLOR: #000000; FONT-STYLE: normal; FONT-FAMILY: 'Calibri'; TEXT-DECORATION: none">
<DIV style="FONT: 10pt tahoma">
<DIV> </DIV>
<DIV style="BACKGROUND: #f5f5f5"> </DIV></DIV>
<DIV> </DIV></DIV>
<DIV
style="DISPLAY: inline; FONT-WEIGHT: normal; FONT-SIZE: small; COLOR: #000000; FONT-STYLE: normal; FONT-FAMILY: 'Calibri'; TEXT-DECORATION: none">
<DIV dir=ltr>
<DIV style="FONT-SIZE: 12pt; COLOR: #000000; FONT-FAMILY: 'Calibri'">
<DIV> </DIV></DIV></DIV></DIV></DIV></DIV>
<P>
<HR>
<P></P>_______________________________________________<BR>Board mailing
list<BR>Board@portsmouthyc.org<BR>http://portsmouthyc.org/mailman/listinfo/board_portsmouthyc.org<BR></BODY></HTML>