Subject: Re: Supporting Statements
From: "Eric Schwerin" <[email-masked]>
To: "SMancinelli" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>
Date: Sat, 20 Aug 2016 12:22:30 -0400

The HELOC is the amount that has been drawn down.  Right now the only
monthly payments for that are interest only and no principal is being paid
down.  And we actually need to double check - I am pretty sure the HELOC is
on the Indiana house not the Loughboro house.   Will confirm that on
Monday.

We can add in Blue Book values as well.

Eric D. Schwerin
[email-masked]

Sent from my iPhone

On Aug 20, 2016, at 12:14 PM, SMancinelli <[email-masked]>
wrote:

Eric and Hunter-

Take a look at the updated schedule of Assets and Liabilities. I cleaned it
up a bit. I made sure all debt was reflected in the lien column. I included
the equity value of the two homes (based on the Zillow estimates).

Question on the Loughboro House: I see it is encumbered by a first
($1,109,184.60) and second ($473,554).  And I see the HELOC is reflected at
$100,000- is that the amount the HELOC has been drawn down or is that the
amount available to be used on the HELOC? I assume that is the amount that
has already been drawn down, so I calculated the total debt on the marital
home as $1,682,738. Is that accurate?

Question: Do you have any sense of the fair market value of the cars and
boat? It’s a small point but for the sake of completion, it would be
helpful to at least add blue book values based on the current condition of
each of those.

Take a look at the attached and make sure this all looks accurate.

Thank you, both.

Sarah

*From:* Eric Schwerin [mailto:[email-masked]
<[email-masked]>]
*Sent:* Thursday, August 18, 2016 11:00 PM
*To:* SMancinelli
*Cc:* Hunter Biden
*Subject:* Re: Supporting Statements

Thanks, Sarah.  Have a great weekend.

Eric D. Schwerin

[email-masked]

Sent from my iPhone

On Aug 18, 2016, at 3:57 PM, SMancinelli <[email-masked]> wrote:

Hi Eric and Hunter-

I will review everything and get it ready in its final form and then
recirculate. Will work to get back out to you all by Monday. Thank you for
your help.

Sarah

*From:* Eric Schwerin [mailto:[email-masked]
<[email-masked]>]
*Sent:* Thursday, August 18, 2016 3:56 PM
*To:* SMancinelli
*Cc:* Hunter Biden
*Subject:* Re: Supporting Statements

Sarah-

Just wanted to let you know Hunter has reviewed everything you have up to
now and has no changes/comments.  He would just like to see the final
version of whatever you see before it goes out, but I am assuming you
planned to do that anyway.

Thanks - let us know if you need anything else.

Best,

Eric

Eric D. Schwerin

Rosemont Seneca Advisors, LLC

1010 Wisconsin Ave., NW

Suite 705

Washington, DC 20007

(202) 333-1880

[email-masked] <x-msg://59/[email-masked]>

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On Aug 17, 2016, at 4:21 PM, Eric Schwerin <[email-masked]>
wrote:

<doc00535820160817151856 (1).pdf>

Sarah-

Attached are the additional supporting statements per your request.  FYI,
there is no statement available for the USAA Amex (at least not online and
we don’t receive paper copies) but that is because there has been no
activity.

Also, the Washington First Bank statement is the most recent one we have.
We don’t have online access to the statements for that account.

Let me know if you need anything else.

Thanks,

Eric

Eric D. Schwerin

Rosemont Seneca Advisors, LLC

1010 Wisconsin Ave., NW

Suite 705

Washington, DC 20007

(202) 333-1880

[email-masked] <x-msg://59/[email-masked]>

*P* *Consider the environment before printing this email.*

<Biden A L Schedule (00102915xC3E2C).xlsx