1993-08-10 Original Notes
1
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PRINCETON BANK .
IV
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.
SAINT PAUL___~____
. Suite 150 HEMAR Building
85 E. 7th Place
51. Paul, Minnesota 55101
(612) 290.2424
August 10, 1993
John George, Inc.
Mr. George Yankoupe
Mr. John Darkenwald
7535 NE River Road
Elk River, MN 55330
Dear George and John:
Enclosed are the original notes on your development loans with Princeton
Ba~k. We are also sending copies of the satisfactions for your files
and wish to inform you that the orginals have been sent to Linda
Christian at Wright Title. She will take care of recording the
satisfactions which also includes the mortgage on your farm George. I
also understand that the letter of credit should be released sometime
this week by the City of Rogers and we can then release your certificate
of deposit after we receive notification from the city. They will need
to return the original letter of credit to me to complete this.
I would also like to take this opportunity to thank you for your
business. All of the payments were made in a very timely fashion on
your loan and we did not have any problem working out several
modifications as far as payments on the lots, during the term of the
loan. Both of you and Wally were very cooperative to work with and we
very much appreciate your business. Please give us a call if we can
help you with any projects in the future.
V(yJ!lU~
Allan R. Stevens
Assistant Vice President
Enclosures
MILACA . OGILVIE . PEASE . PRINCETON . SAINT PAUL . ZIMMERMAN
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PRINCETON BANK . SAINT PAUL______~_____
IV
e
..-..- .'. -_.-
. Suite 150 HEMAR Building
85 E. 7th Place .
SL Paul, Minnesota 55101
(612) 290.2424
August 10, 1993
John George, Inc.
Mr. George Yankoupe
Mr. John Oarkenwald
7535 NE River Road
Elk River, MN 55330
Dear George and John:
Enclosed are the original notes on your development loans with Princeton
Ba~k. We are also sending copies of the satisfactions for your files
and wish to inform you that the orginals have been sent to Linda
Christian at Wright Title. She will take care of recording the
satisfactions which also includes the mortgage on your farm George. I
also understand that the letter of credit should be released sometime
this week by the City of Rogers and we can then release your certificate
of deposit after we receive notification from the city. They will need
to return the original letter of credit to me to complete this.
I would also like to take this opportunity to thank you for your
business. All of the payments were made in a very timely fashion on
your loan and we did not have any problem working out several
modifications as far as payments on the lots, during the term of the
loan. Both of you and Wally were very cooperative to work with and we
very much appreciate your business. Please give us a call if we can
help you with any projects in the future.
V(yJ!lU~
Allan R. Stevens
Assistant Vice President
Enclosures
MILACA . OGILVIE . PEASE . PRINCETON . SAINT PAUL . ZIMMERMAN
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