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Minnehaha Avenue <br />Paul, Minnesota 55106 <br />61t01114700 <br />April 21, 1980 <br />RE: Thirteen lots of Marpon Acres, <br />Lino Lakes, Minnesota <br />To whom it may concern: <br />This letter shall serve as the bank's acknowledgement <br />of the following loan arrangement between Northwestern State <br />Bank, St. Paul, Minnesota and Marlyn Tramm: <br />Amount- $52,000 (Includes previous) <br />Term of loan- Seven years <br />Lot release repayment- $4,000 each for thirteen lots <br />Interest due monthly, with principal reductions as per <br />release schedule above. <br />Warren an erg, <br />Assistant Vice President <br />Northwestern State Bank St Pal.. Mirth,- <br />