1997-06-27 LOC 283
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First National Bank of Monticello
June 27, 1997
IRREVOCABLE LETTER OF CREDIT #283
City of Albertville
5975 Main Avenue NE
Albertville, MN 55301
To Whom It May Concern:
By Order of:
Little Mountain Development LLC and Floyd Roden
III Thomas Park Drive
Monticello, MN 55362
Re:
Fairfield, Albertville, Minnesota - Warranty
Funds under
appears abo
expiration da
Credit.
Mountain
the aggregate
and 00/100,
of Monticello,
1998.
We hereby is
Development
U.S. Dollars
($27,867.00)
Monticello,
't number as it
n or before the
of the Letter of
We engage with you that drafts drawn under and in conformity with the terms of the credit will be
duly honored on presentation, if presented on or before the expiration date. The original Letter of
Credit must accompany the documents required under this credit, or a copy of the original, if
original is lost in the mail. The credit is subject to the Uniform Customs, and Practice for
Documentary Credits (1983 Revision), International Chamber of Commerce Publication 400.
Please address all correspondence regarding this Letter of Credit to the attention of First National
Bank of Monticello, 407 Pine Street, P.O. Box 239, Monticello, MN 55362.
~~
Tom Lindquist
Vice President
TSL:zg
407 Pine Street
PO Box 239
Monticello, Minnesota 55362
Phone: 612-2g~n~~90
Respond To 0 Monticello
o Lakeville
Detached Facility: Lakeville
10880 West 175th Street
Lakeville, Minnesota 55044
Phone: 612-892-6000
MEMBER FDIC