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• III • I • ills) <br />• <br />M SI I M Ill ll%Rl% • 51" %% \1 / \ I % M Ali \II1%NI \fill 11, \II\\I �,()l 1 �Vle • I'IIo'.I `JJ-1VJ <br />etarch 4, 1983 <br />City of Orono <br />P.O. Box 66 <br />Crystal Bay, Minjivsota SS323 <br />1t ,- Iter of Credit No. 1125 <br />Gentlemen: <br />We do hereby- issue c-r Letter of Credit No. 1125 in your favor for the <br />account of John Massopust and Edward W. Brehm Ill, in regard to stronghold <br />subdivision 420 Brown Road South, Orono, Minnesota in he amount of $33,000.00. <br />The purpose of this Letter of Credit is to guarantee construction of the road <br />to qualify to the City of Orono standards. Any drafts presented for payment <br />under this Letter of Credit must be r.�stmarked no later than September 4, 1983, <br />1••hich is the expiration of this Ix:tter of Credit. <br />Very truly yours, <br />PARK NATIONAL BANK <br />1 <br />t is R. 11karling <br />Vice President <br />CRD-nc <br />#7o5 <br />,lift <br />a"'..mown" I0�I <br />