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EXHioi i --_ <br />A N1 F. H I (' \ '\ <br />NA f 10NA1 to AN1- • A-N I , A I. <br />IRI:r1',4.ABLE L1:1'fEa OF ('111~1,1. No. >-i_' ) 27- <br />April 19, 1982 <br />City of Orono <br />1333 Broan Road South <br />Orono. Minnesota 51323 <br />r.,nt lemon: <br />':a horehv establish our Irrov,1.:ahte Letter of Credit No. ;-12_327-K in Vour <br />favor for the account ^f Jennis-illian, 120 North `inelling ,%vent,,:. .4t. <br />'Sul, Minnesota SSLU», .p to an a,yTegate amount of :..;. X 11.►r:; i iv. ::,ou- <br />and (u5S5,000.00) av: L''ible by yo,ir draft(s) at sight drawn cn ua an; ac- <br />car^panied by the following: <br />Your signed statement cart_tying that the a:ncunt draum represents <br />past due dobt to the City of Orono for sewer cinstru:tion, fr.­i <br />Dennis S. Killian. <br />%11 draft(s) drawn under this Letter of Credit :rust be Tnarkcd "'Drawn under <br />.nerican National flank and Tri!st "r-:pan;: Letter of Credit %o. S-125 7-.C, <br />Dated April 19, 1'12." <br />we hereby engage with you that draft(s) drawn under and in ,:1..,npliance wLth <br />0e terms of this Letter o 1r1i1 :,onored if uraarl and pre- <br />sented to us on or befo Cove^bee 1, 1932. <br />,his Letter of Credit is subject to the .Uniform Cu-;tc,r,s and Practice for <br />Uocumentary Credit;, 197: Revision, International Cha^her of Ccrnerce. <br />?ublication 290. <br />Yours truly. <br />American National Rank and Trust Company <br />Ica tharine A.-Ifuart <br />International Ranking Officer 6 Manager <br />International Rankin; !►ep.artment <br />A•,41 /11 Ark P.A i ,1 •..* I:n•.- A'.r 1►; . 1►''• A% <br />