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Mai L..Y:2q.,004 211. 16AM Gradient Technology 783-717-94800.516 P.4 p. 5 <br /> MAY.213.2004. 10:03AM .503 P.S <br /> • i <br /> In order to proceed we will need to receives sworn construction statement including a complete <br /> set of plans and specifications for the building along with a copy of the purchase agreement for <br /> the land. I will also need a copy of the Articles of Organization and tar ID#for Badger <br /> Ventures.LLC. <br /> In order to proceed with the financing package described above please remit a non-refundable <br /> payment of 53,50000. The payment will be allocated to obtaining en appraisal of the property <br /> and satisfying a.portion of the origination fee Please countersign and return with your payment <br /> the enclosed copy of this letter to indicate your interest in further pursuing the transaction <br /> outlined above. <br /> I would sincerely appreciate the opporttmity to develop a relationship with you and your <br /> company and create a mutually acceptable snancang package for this property. If you have any <br /> questions or require additional information please contact me at 763-2414502. <br /> Sincerely, _. <br /> —4<e7:7:41•7 <br /> Torn McNair <br /> Vice resident <br /> • Accepted thia1 day of ,2004. <br /> Ventures,LIC <br /> -erf••••4J, <br /> Duane A. Goerach <br /> • <br />