---------------------------------------EXCALIBUR BANK--------------------------------------
                                                                      Woodstreet, Old Lane
                                                                     North Carolina 369008
                                                           1-800-777-9898, (659) 978-6649                                         

July 18, 2011
Davey Smith
403, Trueman Travel Street
New City
NC 3564788
Cell - (659) 846 – 9466

Subject: Overdue Balance Payment Acknowledgement for Account #10899765

Dear Davey Smith,

This is to acknowledge your online deposit into our bank account of $1000 as the final payment. Thank you very much for remitting this overdue balance. All the restrictions levied on your account have been now removed.

Please note that in order to maintain a line of credit; ensure your monthly payments by the date mentioned on each billing. It is also advised that you to take a careful note of our continuing policy of charging a 5% penalty on overdue accounts. To avoid additional penalties, please adhere to the payment schedule in your contract.

If you have any further queries regarding your account, conditions of credit, or any other information, please call us on the number shown above. We value our association with you.

We look forward to serving you again in the future.

Yours Sincerely,

Amanda Peet

Relationship Manager