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<br />. <br /> <br />August 17, -2004 <br /> <br />Dennis Shudy <br /> <br />Dear Mr. Shudy: <br /> <br />I. .,-, ,"',^', <br />I .... . . (: <br />This letter wilf confirm the understanding that Rehbei~ Properties will credit Dennis Shudy with <br />the sum of t on the purchase price of . , for conveyance giving insurable title <br />to the land oWnea by Kenneth CarPenter legally aeSCTIDea on the attached legal description. <br /> <br />It is understood that the sum of will be credited against the purchase price in return <br />for a conveyance of the property owned by Kenneth Carpenter and described on Exhibit 1 <br />attached to this letter. <br /> <br />Rehbein Properties, <br />a Minensota partnership <br /> <br />By <br /> <br />Gordon W. Rehbein <br /> <br />~~ <br /> <br />Gerald L. Rehbein <br /> <br />By <br />