STATE OF NORTH CAROLINA i IN THE CENERAL OF JUSTICE SUPERIOR COURT DIVISION Its. M33 awn?J: COUNTY OF ALAMANCE m: 3? 4 I 1H: ELON UNIVERSITY, 9 CD "at: 1 1 m. Plaintiff, COMPLAINT (Suit on Note) VS. TAYLOR P. BURNS, Defendant. l. Elon University (?Plaintiff?) is an institution of higher education or other legal entity located in the State of North Carolina. 2. The Defendant Taylor P. Burns (the ?Defendant?) is a citizen and resident of Alamance County, North Carolina. 3 This Court has jurisdiction over this matter. 4. Plaintiff is the-owner and holder of the Note described hereafter, which is the subject of this action. 5. Pursuant to Title 20 USC Section 1091a, this action involves a federal student loan and is not time barred. 6. On or about August 31, 2010 Defendant, for valuable consideration, executed and delivered a Federal Perkins Loan Master Promissory Note (the ?Note?) while a student of Elon University. Defendant acknowledged that multiple loans might be made to him under the Note. 7. Under the terms of the Note, the Defendant promised to pay to the Plaintiff all sums disbursed under the terms of the Note, plus interest and other fees which may become due as provided in the Note. Defendant also promised to pay all reasonable collection costs, including attorney fees, court costs and other fees in the event he failed to make payments when due under the terms of the Note. 8. A true and authentic copy of the Note is attached hereto and incorporated herein by reference as Exhibit A. 9. Based on the Note, on or about September 1, 2010 a loan was made to the Defendant in the total disbursement amount of One Thousand Five Hundred and 00/100 Dollars. 10. Based on the Note, on or about January 26, 2011 a loan was made to the Defendant in the total disbursement amount of One Thousand Five Hundred and 00/ 100 Dollars. 11. Based on the Note, on or about August 26, 2011 a loan was made to the Defendant in the total disbursement amount of One Thousand Five Hundred and 00/100 Dollars. 12. Based on the Note, on or about January 24, 2012 a loan was made to the Defendant in the total disbursement amount of One Thousand Five Hundred and 00/ 100 Dollars. 13. Based on the Note, on or about September 2, 2013 a loan was made to the Defendant in the total disbursement amount of One Thousand One Hundred Twenty-Five and 00/ 100 Dollars. 14. Based on the Note, on or about January 28, 2014 a loan was made to the Defendant in the total disbursement amount of One Thousand One Hundred Twenty?Five and 00/100 Dollars. 15. Based on the Note, on or about March 21, 2014 a loan was made to the Defendant in the total disbursement amount of Three Hundred Twenty?One and 00/100 ($321.00) Dollars. 16. Based on the Note, on or about March 21, 2014 a loan was made to the Defendant in the total disbursement amount of Three Hundred Twenty and 00/ 100 ($320.00) Dollars. 17. Based on the Note, on or about January 5, 2015 a loan was made to the Defendant in the total disbursement amount of One Thousand Five Hundred and 00/ 100 Dollars. 18. Based on the Note, on or about February 4, 2015 a loan was made to the Defendant in the total disbursement amount of One Thousand Five Hundred and 00/100 Dollars. 19. According to the terms and conditions under the Note, the Defendant is now, and for some period of time has been, in default for failure to make payments when due. 20. On or about August 17, 2018, the Plaintiff sent the Defendant a written notice of right to cure under the terms of the Note. 21. The Defendant failed to cure the default on the Note, and the balance was thereafter accelerated by the Plaintiff. 22. The total sum now due on the Note as of April 16, 2018 is Eighteen Thousand Three Hundred Sixty?Five and 25/100 Dollars, as set forth in the Federal Perkins Loan Account Statement, signed by the Plaintiff, and attached hereto and incorporated herein as Exhibit B, and in the notarized Federal Perkins Loan Collection Fees Calculation, signed by the Plaintiff, and attached hereto and incorporated herein as Exhibit C. 23. The Note is in default, the Defendant failing to make payments as provided thereunder, and the Plaintiff has elected to exercise its right under the Note and to declare the entire amount due thereunder now due and payable, which is Eighteen Thousand Three Hundred Sixty?Five and 25/100 Dollars as of April 16, 2018, plus interest thereafter as provided in the Note, together with late charges, collection costs, and attorney?s fees. 24. Should the Plaintiff incur any costs in connection with this action, it is informed and believes that the same should be included in any judgment amount found to be due to the Plaintiff in accordance with the terms of the Note. WHEREFORE, Plaintiff prays as follows: 1. For judgment against the Defendant Taylor P. Burns for the sum of Eighteen Thousand Three Hundred Sixty-Five and 25/ 100 Dollars; 2. For interest from April 16, 2018, at the rate speci?ed in said Note; 3. For all costs of collection, including reasonable attorneys? fees; and 4. For such other and further relief as the Court may deem just and proper. GRIMSLEY LAW FIRM, LLC December ,2018 P. O. Box 11682 Columbia, South Carolina 29211 (803) 233-1 177 (803) 233?0?98 By: n'amin E. Gr? sley 012'). Bar No. 3 618 Attorney for the Plainti? NOTICE REQUIRED BY THE FAIR DEBT COLLECTION PRACTICES ACT In accordance with the Fair Debt Collection Practices Act (15 U.S.C. 1692), we advise you as follows: 1. This is a lawsuit brought on behalf of Elon University in an attempt to collect from you a debt in the amount of $1 8,365.25 as of April 16, 2018 plus fees and costs accruing thereafter. 2. Unless you dispute the validity of your debt or any portion of such debt to Elon University within thirty (30) days after receipt of this notice, we will assume that the debt is valid; 3. If you notify Plaintiffs law ?rm within thirty (30) days after you receive this notice that your debt to Elon University or any portion thereof is disputed, we will mail you a veri?cation of the debt and, upon your written request within the thirty?day period, Plaintiffs law ?rm will provide you with the name and address of the original creditor, if different from the current creditor. 4. Written requests should be addressed to Grimsley Law Firm, LLC, Post Of?ce Box 11682, Columbia, South Carolina 29211. 5. Please be advised that the time period within which you have to dispute the amount of your debt and request additional information in no way alters or affects the time period set forth in the Summons within which you must ?le an Answer to the Complaint. PLEASE BE ADVISED THAT THIS IS AN ATTEMPT TO COLLECT A DEBT. ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. EXHIBIT A FEDERAL PERKIN LOAN PROMISSORY NOTE mm ind Sucliull I. Name (last, first, middle initial) and 2_ 5mm Security Numb" 1: mud: W: emanen ems malty 3min 4. Home Am Codefl'elephone Number 5. unveils License Number (Lin stale abbreviation limo suiluul Suciloll code) s. School Name Address (snail. oily. slain, zip nude) 7' Annual ImerestRale Elon University 5% PO Box 393 Elon, NC 27244 [Any ill-dim ul nny n. includcd .l uniim nrinniiulinn] Terms and Cundidany: (Now: Additional Terms and follow on subsequent pages) APPLICABLE LAW- Inns nflhu Mini Putin: Lola Mum Plom'mly Nina (hellimflar mind in: New) Ind my dubnn:mlx mm imileliius uni: lie in Pm arm: iv oflh: Him. min-lion Act nf miss, Amended Ad), is well in Maui amt-flan: iuumi umim REPAYMENT . i um lo leply ibepmmimi and II): null-emu an my lump) in ways-mad (hmiflIMk "fled In: Scnoul) oven pllind hjnning 9 (mmnain um i Immu--Half-"mc launnwa) mm in; film i can: in in; ii I: lluimimn minnl II In insiilulimi DIEM ndunfimi an mquml in wtilin' llinl my valymem period begin mum iunlilnlnun uni ID: to II men-mull email bum-u. imam [his low silnii mam imm 1b: hgp'nning oilii. mmym. pimuwd mill-unis in "cold-mi: mime upwind by inmlimmls minimum: by the 5:an 1m sinmi inny imma my mmlimnnl plymenl la liin um mm muin'pie um. will oull'lmfing Fuiull I'm-km: 1m: mid: berm: ombm i, 1992 ml included no minimum oph'on mum-nun. Nnuunni Small 1mm) in wilh Ibe Minimum Pnyminl 3mm arm. Tm mil Cnnulnnm on In: lave-mine orinis dilemma LATE mans . 'nln School mny impm hie clings in all not mnke snilmiuind when Cu or in in luhmil in ill: School on minim due DEFAULT . n: smnni mny, ill in npn'nn, lieu-m my iunn in h: in dafxixll i all In Indie mlmiuimi when dun; (1) hi! in submil [0 lb: smmi. nn in will: in; due all lawman-mm. dncumenlan'm um i qualify (on femur-nan, defmnt, (3)1 nil in comply in: Ind mniiln-nns ni mum rap-yum! 11.: Semi mnyun'm dafinlkd inln |o die be indisibll funny aluminum-i linden! anmniu mam-in. Lb: unlii i make in>> mi mummy in: Same! ur lni Deli-mini lo my imn. The School mm: CHANGE OF sums - i will inrulin liln Scunoi nlmy Change in my me, llama, Sunni Swillily Nunlilm, maxim: lime AUTHORIZATION: . i nummiu in: Semi. liln mi lgnu inn in mm inn "Ming my inn. mum my imnil), including Ionicmiiuinrpiinm mm minim dwicle min; nulomlzd liming or mind>> mpm--mcmded voice in mi mus-5m. 1'0 PAY: iplvnum in ply lm School, nl I DWI: Null, uli sum: diihlmed under inn 1m oriiui New, [3qu imam nun mm The: mny nu: ni in in; Nut: i undonbind liml mullinie any ill: nude in m: umm iilli Nnu. iuniiasimii lilnl by will] my knurd my lime unlisiilisNoieJ Agree ln szly the iuini i um etch inin ii minimum; mm mi nu: Ind mm wpy nrlnii Nnii. i lnui i UNDERSTAND Tan 1 MAYRKCEIVE ONE on MORE LOANS UNDER mis MASTEI PROMISSORYNOTE AND m1 i um! sues Date me i in I . Terms and Conditions (cont) DISCLOSURE 015' WAN TERMS - I understand that under this Note, the principal amount that I own, and are required to repay, will he the sum of all disbursements issued unless I reduce or cancel any disbursements. The School will determine whether to make any loan under this Note alter my loan eligibility is determined. At or before the time of ?rst disbursement for each loan, a disclosure statement will be provided to me identifying the amount of the loan and any additional terms of the loan. I may decline a loan or request a lower amount. by contacting the School. Any disclosure statement I receive in connection with any loan under this Notc' rs hereby incorporated into this Note. LOAN REHABILITATION - default on my Federal Perkins Loam and that loan has not been reduced to a judgment as a result of litigation against me, I may rehabilitate my defaulted loan by requesting the rehabilitation and by making a voluntary, on-time, payment, as determined by the School, each month for nine consecutive months. Ifl successfully rehabilitate my defaulted Federal Perkins Loan, I will again be subject to the terms and conditions and qualify for any remaining bene?ts and privileges of Note and the default will be removed ?om my credit history. I understand that I may rehabilitate a defaulted Federal Perkins Loan only once. A?er my loan is rehabilitated, collection costs on the loan may not exceed 24 percent of the unpaid principal and accrued interest as of the date following the application of the ninth contecutive payment. default on my rehabilitated loan, the cap on collection costs is removed. ASSIGNMENT - A loan ?rnadc under this Note may be assigned School only to the United States, as represented by the United States Department ofEducation. Upon assignment, the provisions of this Note that relate to the School will, where appropriate, relate to the Department. HARDSHIP REPAYMENT OPTIONS - Upon my written request, the School may extend my repayment period (1) for up to an additional 10 years if I qualify as a low-income individual during the repayment period; or (2) for the period necessary beyond my 10 year repayment period if, the School?s opinion, prolonged illness or unemployment prevent me from making the scheduled repayments. Interest will continue to accrue during any extension of a repayment period. am required by the School to make a minimum payment on my loan, the School may also permit me to pay less than the minimum payment amount for a peripd of not more than one year at a time if I experience a period of prolonged illness or unemployment. However, such action may not extend the repayment period beyond 10 years. GRACE PERIODS - Unless I am a Less-Than-Half-Time Borrower, I will receive an initial nincamontb grace period before the ?rst payment of my Federal Perl-dos Loan must be nude. After the close of an authorized deferment period, I will receive a post-deferment grace period of 6 months before my payments rcsurrtc. Interest does not accrue during the initial grace period or during the post-deferment grace period. The nine-month initial grace period for Federal Perkins Loans does not include any period up to three years duringwhich I am called occrdered to active dutwaor. more than 30 days from a component of the Armed Forces of the United States, including the period necessary for me to resume enrollment at the next available enrollment period. I must notify the school that made my loan of the beginning a'nd ending dates of my service, and the date I resume enrollment. am in my initial grace period when called or ordered to active duty, I am entitled to a new nine-month initial grace period upon completion of the excluded period I If I am a Borrower with outstanding Federal Perkins Loans, my repayment period begins when the next installment of my outstanding loan is dud am a Icss-Than?I-Ialf? Time Borrower with no other outstanding Federal Perkins Loans, my repayment begins the earlier of: 9 months from the date my loan was made, or!) months from the date I became a less-than?lialf? time student, even If I received the loan alter Ibccamc a less -than -half- -time student. PREPAYMENT- I may prepay all or any part of my unpaid loan balance, plus any accrued interest, tit any time without penalty. Amounts I repay in the academic year in which the loan was made and before the initial grace period has ended will be used to reduce the amormt of the loan and will not be considered a prepayment. lfI repay amounts during the academic year in which the loan was made and the initial grace period has ended, only those amounts in excess of the amount due for any repayment period shall I . I be considered a prepayment. If, in an academic year other than the academic year in which the loan was made, I repay more than the amount due for an installment, the excess funds will be used to repay principal unless I designate it as an advance payment ofthe next regular installment. PAYMENT - Ifrequired by the School, 1 will make a minimum payment in the amount of $40 (or $30 if I have Federal Perkins Loans made before October I, 1992 that included the $30 minimum payment Option or outstanding National Direct Student Loans) or its or quarterly equivalent If the total payment amount on this loan and any outstanding Federal Perkins Loans I may have is less than the minimum payment amount established by the School, the School may still require a minimum payment amount. A minimum payment amount will combine my obligation on this and all my outstanding Federal Perkins Loans, unless I have received loans with different grace periods and deferments. At my request and if I am eligible, the school may combine this minimum payment amount with all my outstanding Federal Perkins Loans including those made at other schools. Under these circumstances the portions of the minimum payment that will be applied to this loan will be the difference between the minimum payment amount and the total amounts owed on a basis on my other Federal Perkins Loans. If each school holding my outstanding Federal Perkins Loam exercises the minimum payment amotmt option, the minimum payment amount will be divided among the Schools in proportion to the loan amount advanced by each school if I request this treatment from each School. FORBEARANCE - Upon making a properly documented written or oral request to the School, I am entitled to forbearance of principal and interest or principal only, renewable at intervals of up to 12 months for periods that collectively do not exceed three years, under the following conditions: If my Title IV loan debt burden equals or exceeds 20 percent of my total gross income; ifthe Department authorizes a period of forbearance due to a national military mobilization or other national emergency; orifthe School determines that I quality due to poor health or for other reasons, including service in AmeriCorps. Interest accrues during any period of forbearance. - To apply for a deferment, I must request the deferment ?om the school. My request does not havo to be in writing, but the School may require that I submit supporting documentation to prove my eligibility for a deferment. I may defer maldng scheduled installment payments and will not be liable for any interest that might otherwise accrue (1) during any period that I am enrolled and attending as a regular student in at least a half- time coursc of study at an eligible School (if the School obtains student enrollment information showing that I qualify fortbis deferment, the School may grant the deferment without my request providing the School noti?es me and gives me the option to cancel the deferment); (2) during any period that I am enrolled and attending as a regular student in a graduate fellowship program approved by the Department; engaged in graduate or post-graduate fellowship-supported study outside the enrolled and attending a rehabilitation training program for disabled individuals approved by the Department; oriengagcd in publicservicc that quali?es me to have part or all of my loan canceled; (3) for a period not to exceed three years during which I am seeking but tmable to ?nd hill-time employment; (4) for a period not to exceed three years, for up to one year at a time, during which I am experiencing an economic hardship as determined by the School. I may qualify for an economic hardship deferment for my Federal Perkins Loan if Iprovide my school with documentation showing that I have been granted such a deferment under the William D. Ford Federal Direct Loan or Federal Family Education Loan program for the period of time for which I am1 requesting an economic hardship for my Federal Perkins Loan. If I am serving as a volunteer in the Peace Corps, I am eligible for an economic hardship deferment for my full term of service. An Economic hardship deferment based on service as a Peace Corps volunteer may not exceed the lesser of three years or my remaining period of economic hardship eligibility; (5) during any period when I am serving on active duty during a war or other military operation or national emergency, or performing qualifying National Guard duty during a war or other military operation or national emergency (as these terms are de?ned in 34 CFR 674.34(h) of the Perkins Loan Program regulations) and, if my active duty service includes October 1, 2007 or begins on or a?er that date, for an additional ISO-day period following the demobilization date for my service; and (6) if I am serving on active duty military service on October 1, 2007, or begin serving on or after that date, for at least a 30-day period, for up to 13 months following the conclusion of my active duty military Page 2 of4 Tor-maland Copdi?ons (cont) service and initial grace period or until [return to enrolled student status, whichever is earlier, if I am a member of the National Guard or other reserve component of the Armed Forces of the United States or a member of such force: in retired status (as these terms are de?ned in 34 CFR and I was enrolled in a program of instruction at the time I was called to active duty, or within six months prior to the time I was called to active duty. Active duty does not include active duty for training or attendance at a service school or employment in a ?dl-tirne, permanent position in the National Guard unless lam reassigned from that position to another form of active duty service. I may continue to defer making cdulcd installment payments and will not be liable for any interest that might otherwise secure for a six-month period immediately following the expiration of any deferment period described in this section. I am not eligible for a deferment while serving in a medical internship or residency program. CANCEIMTIONS Upon malrin a properly documented mitten request to the School, lam entitled to have up to 100 percent of the original principal loan amount of this loan canceled if I perform qualitying service in the crew listed in paragraphs A thmugh below. (hirer cancellation percentages apply if I perform qualifying service in the areas listed in paragraphs and M, as explained in those paragraphs. Quali?ring service must be performed alter the enrollment period covered by the loan. A. Teaching a a full-time teacher in a public or other nonpro?t elementary or secondary school or in a school or location operated by an educational service agency that has been designated by the Department in accordance with the provisions of section 465(a)(2) of the Act as a school with a high concentration of students from low-income families. An of?cial Directory of design ated low-income schools and locations operated by educational service agencies is published annually by the Dcpartrnent. II a full-time special education teacher in a public or nonpro?t elementary or secondary school system, including a system administered by an educational service agency; or a full-time teacher, in a public or other nonpro?t elementary or secondary school system who teaches mathematics, science, foreign languages, bilingual education, or any other ?eld that is determined by the State Department of Education to have a shortage of quali?ed teachers in that State. B. Early Intervention Services a ?rll-timc quali?ed professional provider of early intervention random in a public or other nonpro?t program under public supervision by a land agency as authorized by section 632(5) ofthe Individuals with Disabilities Education Act. Early intervention sendcca are provided to inform and toddlers with disabilitim. C. Law Enforcement or Corrections Of?cer 0 a ?rll-?me law enforcement of?cer for an eligible local, State, or Federal law enforcement agency; or a lull-time corrections of?cer for an eligible local, State, or Federal corrections agency. D. Nurse or Medical Technician 0 a ?rll-time nurse providing health care services; or a full-time medical technician providing health care services. E. Child or Family Service Agency 0 a full-time employee ofan eligi public or private non-pro?t child or family convict: agency who is directly providing or supervising the provision of to high-risk children who are from low-income communities and the families of such children. F. Attorneys Employed in a Defender Organization 0 a full-time attorney employed in a defender organization established in accordance with section 3006(g)(2) ot?lltitle 18, U.S.C. G. Fire?ghters . a ?rll-tidue ?re?ghter for a local, State or Federal fire department or ?re district. i H. Tribal College or University Faculty 0 a hill-time faculty member at a Tribal College or University, as that term is de?ned in section 316 of title 20, U.S.C. :1 l. Librarian a a foul-time librarian who has a master's degree in library science and is employed in an elementary or secondary school that is eligible for assistance under part A oftitlc I of the Elementary and i Secondary Education Act of 1965, or who is employed in a public library that a geographic area that contains one or more such schools. J. och-Language Pathologist I a full-ti rue speech-language pathologist who has a master?s degree and who is working exclusively with schools that are eligible for assistance under titteI of the Elementary and Secondary Education Act of 1965. K. Service in an Early Childhood Education Program 0 a ?rll-timc staff member in the educational component of a Head Start program, or a full- time sta??membcr in a pro-kindergarten or child care program that is licensed or regulated by the State. The program must be operated for a period comparable to a full School year and must pay a salary comparable to an employee of a local educational agency. Cancellation Rates - For each completed year- ofsen'icc under paragraphs portion of this loan will be canceled at the following rates: a 15 percent of the original principal loan amount for each of the ?rst and second years; a 20 percent of the original principal loan amount for each of the third and fourth years; and 30 percent of the original principal loan amount for the ?fth year. For each completed year of service under paragraph ll: (Service in an Early Childhood Education Program}, a portion cftbis loan will be canceled at the rate of 15 percent of the original principal loan amotmt . L. Military Cancellation - Upon making a properly documented written request to the School, I am entitled to have up to 50 percent of the principal amount oflhis loan canceled for qualifying service that ended before August 14, 2008, and up to 100 percent cancelled for qualifying service that began on or a?cr August 14, 2008, as: a member of the Armed Forces of the United States in an area of hostilities that quali?es for special pay under section 310 of Title 37 ofthe United States Code. Cancellation Rate - For each completed year ofservicc under the Military Cancellation provision that ended before August 14, 2008, this loan will be canceled attire rate of 12% percent of the original principal loan amount. For qualifying service that began on or alter August 14, 2008, this loan will be canceled at the following rates: I 15 percent of the original principal loan amount for each of the ?rst and second years; 20 percent of the original principal loan amount for each of the third and fourth years; and 30 percent of the original principal loan amount for the ?fth year. M. Volunteer Stu-vice Cancellation - Upon making a properly documented written request to the School, I am entitled to have up to 70 percent of the original principal loan amount of this loan canceled for qualifying service performed after the enrollment period covered by the loan as: a volunteer under the Peace Corps Act; 0 a Volunteer under the Domestic Volunteer Service Act of 1973 (ACTION programs). Cancellation Rate - For each completed year of service under the Volunteer Service Cancellation provision, a portion of this loan will be canceled at the following rates: 0 15 percent of the original principal loan amormt for each of the ?rst and second 12-month periods of service; and 20 percent of the original principal loan amotmt for each of the third and fourth 12-month periods of service. DISCHARGES - My obligation to repay this loan may be partially or totally discharged for the reasons speci?ed in paragraphs A, B, C, and below. A. Death - In the event of my death, the School will discharge the total amormt owed on this loan. B. Total and Permanent Disability - Upon making a properly documented written request to the School, the total amount owed on this loan may be discharged if the US. Department of Education that I am totally and permanently disabled as de?ned in the Act and I meet certain other requirements. Page 3 of 4 Terms and Conditions (cont) C. School Class rc - Under certain conditions, my total Iiahility will be discharged. including refunding any amounts i have already paid on the loan, if I was unable to complete the program in which I was enrolled because my School closed;i D. Bankruptcy - Under cousin conditions, my loan may be discharged in bankruptcy. In order to discharge a loan in bankruptcy, I must. prove undue hardship in an adversary proceeding before the bankruptcy court. Dischisure of Information STUDENT LOAN OMBUDSMAN - If I diSpute the terms of my Federal Perkins Loan in to my School, and my School and I are unable to resolve the diapnte, I may seek the assistance of the Department of Education?s Student Loan Ombudsman. The Student Loan Ombudsman will review and attempt to informally resolve the dispute. Notice About Subsequent Loans Made Under This Master Promissory Note This Note authorizes the School to disburse multiple loans during the multi?year term of this Note upon my request and upon the School's determination of my loan eligibility. Subsequent loans may be made under this Note for the same or subsequent periods of enrollment atthis SchooL The School, however, may, at its discretion, close this Note at any time and require me to sign a new Note for additional disbursements. I understand that if my School chooses to make subsequent loans under this Note, no such loans will be made after the earliest of the following dates: the date the School receives my Written 'notice that no further loans may be disbursed under this Note; (ii) twelve months after the date of my signature on this Note if no disbursement is made during such twelve-month period; or ten years after the date of my signature for: this Note, or the date the School receives this Note. Any amendment to the Act governs the terms of any loans disbursed on or after the e?'ective date of such amendment, and such amended terms are hereby incorporated into this Note. Important Notices Privacy Act Notice The Privacy Act of 1974 (5 U.S.C. 552a) requires that the following notice be provided to you: The authority for collecting the requested information from and about you is {5461 et SQ. of the Higher Education Act (HEA) of 1965, as amended (20 U.S.C. 1087aa et seq.) and the authorities for collecting and using your Social Security Number (SSN) are ?484(a)(4) of the I-IEA (20 U.S.C. 1091(a)(4)) and 31 U.S.C. 7701(b). Participating in the Federal Perkins Loan Program and giving us your SSN are voluntary, but you must provide the requested information, including your SSN, to participate. The principal purposes for collecting the information on this form, including your SSN, are to verify your identity, to determine your eligibility to receive a loan or a bene?t on a loan (such as a deferment, forbearance, discharge, or forgiveness) under the Perkins Program, to permit the servicing of your loan(s), and, if it becomes necessary, to locate you and to collect and report on your loan(s) if your loan(s) become delinquent or in default We also use your SSN as an account identi?er and to permit you to access your account information electronically. The information in your file may be disclosed, on a case by case basis or under a computer matching program, to third parties as authorized under routine uses in the appropriate systems; of records notices. The routine uses of this information include, but are not limited to, its disclosure to federal, state, or local agencies, to private parties such as relatives, present and former employers, business and personal associates, to consumer reporting agencies, to ?nancial and educational institutions, and to guaranty agencies in order to verify your identity, to determine your eligibility to receive a loan or a bene?t on a loan, to permit the servicing or collection of your loan(s), to enforce the terms of the loan(s), to-investigate possible ?aud and to verify compliance with federal student ?nancial aid pro gram regulations, or to locate you if you become delinquent in your loan payments or if you default. To provide default rate calculations, disclosures may be made to guaranty agencies, to ?nancial and educational institutions, or to state agencies. To provide ?nancial aid history information, disclosures may be made to educational institutions. To assist program administrators with tracking refunds and cancellations, disclosures may be made to guaranty agencies, to ?nancial and educational institutions, or to federal or state agencies. To provide a standardized method for educational institutions e?iciently to submit student enrollment status, disclosures may be made to guaranty agencies or to ?nancial and educational institutions. To counsel you in repayment efforts, disclosures may be made to guaranty agencies, to ?nancial and educational institutions, or to federal, state, or local agencies. In the event of litigation, we may send records to the Department of Justice, a court, sdjudicative body, counsel, party, or witness if the disclosure is relevant and necessary to the litigation. Ifthis information, either alone or with other information, indicates a potential violation of law, We may send it to the appropriate authority for action. We may send information to members of Congress if you ask them to help you with federal student aid questions. In circumstances involving omployment complaints, grievances, or disciplinary actions, we may disclose relevant records to adjudicate or investigate the issues. prrovided for?bye collective may?disclose records to.a labor organization recognized under 5 Chapter 71.. Disclosures may be made to our contractors for the purpose of performing any programmatic function that requires disclosure of records. Before making any such disclosure, we will require the contractor to maintain Privacy Act safeguards. Disclosures may also be made to quali?ed researchers under Privacy Act safeguards. Financial Privacy Act Notice Under the Right to Financial Privacy Act of 1978 (12 U.S.C. 3401-3421), the U.S. Department of Education will have access to ?nancial records in your student loan ?le maintained by the lender in compliance with the administration of the Federal Perkins Loan Program. Paperwork Reduction Notice According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless it disPIays a currently valid OMB control number. The valid OMB control number for this information collection is 1845-0074. The time required to complete this information is estimated to average 0.5 hours (30 minutes) per response, including the time to review instructions, search existing data resources, gather and maintain the data needed, and complete and review the information collection. Ifyou have any comments concerning the accuracy of the time estimate(s) or suggestions for improving this form, please write to: U.S. Department of Education Washington, DC 20202?4537 Ifyou have any comments or concerns regarding the status of your individual submission of this form, write directly to the lender. EXHIBIT 93'998?81- 86'9173'9 00' l-L 86'9173?9 13?! 00' Ll- 9L1 BUOU L0 86 jfolo, .. e! 83HidX3 NOISIWWOO MN awvw rid EWW 103? ?5?th AVCI SIHJ. EIIN 3130338 ESIHOSSDS CINV O.L NHOMS L3. 3O (9/17/60?? 6968- ?993- ?19- HO1AVJ. 8Loz ludv @7700? W7 MN 30 L838 3HJ. O.L .LO3HHOO CINV 308i 8! 3A08V 3H.L SIHJ. 30 8V J.VHJ. WHI33V I 30 ALNDOO - 30 anus 3m] 1VJ.OJ. 8333 H3H.LO 8333 8333 Al?lVN3d H3MOHHOS OJ. 8333 G388388V 8n'ld SIHJ. .LV SIHJ. JV ANV H3.L3V S333 8333 IS333 Al'lVN3d OJ. S333 SNOIJ.O3TIOO OJ. Cl3l'lddV .LS3H3.LNI OJ. Cl3l'lddV OJ. Cl3l1ddV 8333 H3HJ.O 8333 18333 - 3.LVCI OJ. 8333 3J.VCI 0.L {7&9 H30 #8 33d W083 anuoov OJ. S333 NOIJ.O3TIOO '8 3J.VH 3J.VCI J.HVJ.S 3O 3J.VCI .LSHI3 30 3J.ON 3O 838?!le 3WVN 3J.V0 8Nl)!!33d EXHIBIT FEDERAL PERKINS LOAN COLLECTION FEES CALCULATION Formula to calculate Fees (BPCC) per 34 CFR Subtitle A Balance 1/(1 Commission Rate) Balance Collection Fees Figures?9as of this date. Interest Fees still accumulate. Principal 11,891.00 April 16, 2018 Interest 1,212.32 ELON UNIVERSITY Penalty Fees Late Fees 15.00 BURNS, TAYLOR Other Fees 98 01 Balance 13,11332 Capped at 40% Max Per 34CFR674 Commission Rate (CR) 28.57% 40.00% Rate used Calculated Collections Fees (CC) 5,246.93 1.4000 1.4000 Total 18,365.25 Estimated Commission due to be paid out: $5,246.95 Borrower Paid Collection Fees (BPCC): $5,246.93 Potential shortage on commission $0-02 34 CFR Subtitle A 30.60 Subpart E?What Costs and Penalties (8) Court costs and attorney fees; and Does the Secretary Impose (9) Costs charged by other Governmental on Delinquent Debtors? agencies. SOURCE: 53 FR 33425. Aug. 30, 1988, unless NOTWITHSTANDING ANY 0F otherwise noted. STATE LAW, it the Secretary uses a collection 30.60 What costs does the Secretary agency to collect a debt on a impose on delinquent debtors? contingent fee basis, the Secretary (3) The Secretary may charge a debtor charges the debtor, and collects for the costs associated with the collection through the agency, an amount sufficient of a particular debt. These to recover? costs include, but are not limited to? (1) The entire amount of the debt; (1) Salaries of employees performing and Federal loan servicing and debt collection (2) The amount that the Secretary is activities: required to pay the agency for its collection (2) Telephone and mailing costs; services. (3) Costs for reporting debts to credit The amount recovered under bureaus; paragraph of this section is the entire (4) Costs tor purchase of credit bureau amount of the debt, multiplied by reports; the tollowing fraction: (5) Costs associated with computer operations and other costs associated with the maintenance of records; (2) In paragraph of this section. (5) Bank charges; or equals the commission rate the Department (7) Collection agency costs; pays to the collection agency. STATE 0F 26, COUNTY OF ?x I AFFIRM THAT AS OF THIS DATE THE ABOVE BALANCE IS TRUE AND CORRECT TO OF NOWLEDGE . ?eeces rm ri?es? '7 SIGNATURE OF SCHOOLIOFFICIAL DATE SEQRN TO AND SUBSCRIBED EFORE ME 0F Ali-"I? 2U ,3er Magyaeik NOTARY NAME MY COMMISION EXPIRES I 309;! STATE OF NORTH CAROLINA The General Court Of Justice ALAMANCE County District Superior Court Division Name And Address Of Plaintiff 1 ELON UNIVERSITY .1 GENERAL .. it; {t f, A: A WW CIVIL ACTION COVER SHEET i=3. limit-ii i? SUBSEQUENT FILING El.? Name And Address Of Plaintiff 2 ea, CFGNITIAL FILING RuIe 5Tb). General Rules of Practice For Superior and District Courts Name And Address OlAttamey Or Party, if Not Represented (samplers fortnitiat _r_tp_g?atance or change of address) BENJAMIN E. GRIMSLEY, ESQ. GRIMSLEY LAW FIRM, LLC VERSUS POST OFFICE BOX 11682 Name Of Defendant 1 TAYLOR P. BURNS COLUIVIBIA SC 2921 1 Telephone No. Cellular Telephone No. 803-233-1177 NC Attorney Bar No. Attomey Address 30618 BGRIMSLEY Summons Smel?ed .Yes No Initial Appearance in Case Change Of Address Name Of Defendant 2 Name Of Firm GRIMSLEY LAW FIRM, LLC FAX No. 803?233?0798 Counsel for Summons Submitted Yes CI No All Plaintiffs I: All Defendants El Only (listparty?es) represented) Jury Demanded In Pleading Complex Litigation Amount in controversy does not exceed $15,000 Stipulate to arbitration TYPE OF PLEADING (check all that apply) Amend (AMND) Amended Answer/Reply (AMND-Response) Amended Complaint (AMND) Assess Costs (COST) Answer/Reply (ANSW-Response) (see Note) Change Venue Complaint (COMP) Confession Of Judgment (CNJF) Consent Order (CONS) Consolidate (CNSL) Contempt(CNTP) Continue (CNTN) Compel (CMPL) Counterolaim (CTCL) Assess Court Costs Dismiss (DISM) Assess Court Costs Exempt/Waive Mediation (EXMD) Extend Statute Of Limitations, Rule 9 (ESOL) Extend Time For Complaint (EXCO) Failure To Join Necessary Party (FJNP) Crossclaim (list on back) (CRSS) Assess Court Costs (check all that apply) Failure To State A Claim (FASC) Implementation Of Wage Withholding In Non-lV-D Cases (OTHR) Improper VenuelDivision (IMVN) Including Attorney's Fees (ATTY) Intervene (INTR) Interplead (OTHR) Lack Of Jurisdiction (Person) (LJPN) Lack Of Jurisdiction (Subject Matter) (LJSM) Modi?cation Of Child Support In Actions (MSUP) Notice Of Dismissal With Or Without Prejudice (VOLD) Petition To Sue As Indigent (OTHR) Rule 12 Motion In Lieu Of Answer (MDLA) Sanctions (SANC) Set Aside (OTHR) Show Cause (SHOW) Transfer (TRFR) Third Party Complaint (list Third Party Defendants on back) (TPCL) VacatetModity Judgment (VCMD) Withdraw As Counsel (WDCN) Other (specify and list each separately) NOTE: All ?lings in civil actions shall include as the first page of the filing a cover sheet summarizing the critical elements of the ?ling in a format prescribed by the Administrative Of?ce of the Courts, and the Clerk of Superior Court shall require a party to relile a ?ling which does not include the required cover sheet. For subsequent filings in civil actions, the tiling party must either include a General Civil 1), Motion (AOC-CV-752). or Court Action cover sheet. Rev. 1l14 2014 Administrative Of?ce of the Courts (Over) i CLAIMS FOR RELIEF Administrative Appeal (ADMA) El Appointment Of Receiver (APRC) Attachmentharnishment (Al?f0) Claim And Delivery (ELMO) Collection 0n Account (ACCT) Condemnation El Contract (CNTR) El Discovery Scheduling Order (DSCH) [j injunction (INJU) Convictions (PLDP) Medical Malpractice (MDML) El Minor Settlement (MSTL) Money Owed (MNYO) Negligence - Motor Vehicle (MVNG) El Negligence - Other (NEGO) El Motor Vehicle Lien G.S. 44A (MVLN) Limited Driving Privilege - Out-Of?State [3 Possession Of Personal Property (POPP) [3 Product Liability (PROD) Real Property Speci?c Performance (SPPR) El Other (specify and list each separately) I Date FEES int/cg. APPLY Assert Right Of Access (ARAS) Substitution Of Trustee (Judicial Foreclosure) (RSOT) Supplemental Procedures (SUPR) Signaturiyfmeym .0 a. PRO HAC VICE FEES APPLY Vice Fee) Motion For Out?Of?State Attorney To Appear In NC Courts In A Civil Or Criminal Matter (Out-Of?State Attorney/Pro Hac No. El Additional Plaintif?s) No. El Additional Defendant(s) El Third Party Defendant(s) Summons Submitted No DYes No [:lYes No DYes No [:lYes No Ptaintif?s) Against Whom Counterctaim Assorted Defendant(s) Against Whom Crossctal'm Assorted AOC-CV-751. Side Two, Rev. 1H4 2014 Administrative Of?ce of the Courts