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6.3. SR 06-21-2004
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6.3. SR 06-21-2004
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1/21/2008 8:33:46 AM
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6/18/2004 8:15:47 PM
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6/21/2004
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~I~Y. ?D. L:::'B2~{ 10: 15~c~M <br /> <br />';S3-? 17-948~0.5iS <br /> HO. 5~ P. 3 <br /> <br />IL l~rm~meutMort~· <br /> <br />Same as cu, n~iu'uc.~ion loan- <br /> <br />A. Thc Bank of Elk River ta provide $883,500 m~ximum ~enou~t offimding inOxe form ora <br /> t~ real c~tatc mor~gage, not ~ c~ce~l 75% of thc ap!~aisccl ~alue atu~ i~ ~ny event not <br /> mom tha~ $883,$00. <br />B. The C~ry of Elk l~iver Revol~ Loan ymui to provide $100,000 m~imura ~mout~t of <br /> <br /> value and in my event no~ mote tlum $ lO0,00~. <br /> <br />A. T~e B~uk of]Elk River 6.25%, ~x~ ~tc ~~ <br />B,~ City 0f ~ ~m~ ~l~ ~ F~(~t ~ ~ by Ci~ ofBIk~) ~mc <br />~te mM~ 4% ~ a ~ of 2%. <br /> <br />Ouatautecs: Same ~ thc constnw, hon loan. <br /> <br /> <br />
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