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r f 4 <br />Phone 919-Gh3-1000 <br />FIRST NATIONAL Fax 919-6h3-1010 <br />www.MyYcsBankcom <br />First National IIank & Fmsr Company <br />1? O. box 1239, Hillsborough, NC 27278 <br />102 Millsmnc Drive, Hillsborough, NC 27278 <br />May 5, 2006 <br />O. E. Enterprises, Inc. <br />348 Elizabeth Brady Road <br />Hillsborough, NC 27278 <br />Dear Kathy Bryan: <br />Please allow me to again express our eagerness to provide O.E. Enterprises, Inc.. with the <br />financing alluded to in our commitment letter. The requirements that Orange County <br />consent to this indebtedness and grant priority to our proposed Deed of Trust which <br />would secure said loan can be accomplished by written acknowledgement by the County <br />Commissioners or their representatives. The same is true of the requirement that Orange <br />County waive any rights to pursue a remedy for covenant violations. <br />Thank you for your continued patience and for the opporhmity to be a financial partner.. <br />Sincerely, <br />Leith Epstein <br />Vice President <br />Cc: Geoffrey Gledhill; Dianne Reid <br />An FNB Carp. Company • NASDAQ FNBN ~C'.5,1®ZL CCrrn. '~ Yes zve Ctn. " <br />