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It <br />n V099; <br />• OF SI'. 1.01 IS PARK • 535311A1%Al'% MA1). %11*%%1- %V01 S. %II'%\[SO1 % 5V16 • PI111\F. 544.3544 <br />March 4, 1983 <br />City Orono <br />P.O. c 66 <br />Crystal Bay, Minnesota SS323 <br />Re: Letter of Credit No. 1125 <br />Gentlemen: <br />We - �.:reby issue our Letter of Credit No. 1125 in your favor for the <br />aca I. .)f John Massopl.st and Edward W. Lreh n III , in regard to stronghold <br />suL . —ion 420 Brown Road South, Orono, Minnesota in the amount of $33,000.0%1. <br />The pu. !:s Lette. of Credit is to guarantee constrL )n of the road <br />to yua1: _;c City of Orono standards. Any drafts presented for pa- nt <br />under tni., ...ttr of Credit must be postmarked no later than Septembcr �983, <br />which is the expiration of this Letter of Credit. <br />Very truly yours, <br />PARK NATIONAL BANK <br />Cynthia . )ar ing T-- - <br />Vice President <br />CRD:nc <br />00 000 Al .o <br />7 <br />