20021219Final RUS_RTB Loan Documents.pdf

GIVE SLEY
LAW OFFICES Gary G.Allen D.DavidLorello,Jr.Kenneth L Pursley601W.BannockStreet Christopher J.Beeson Emily A.MacMaster BradleyV.SneedPOBox2720,Boise,Idaho83701 Jessica M.Borup KimberlyD.Maloney H.BartonThomasTELEPHONE:208 388-1200 William C.Cole John M.Marshall Conley E.WardFACSIMILE:208 388-1300 MichaelC.Creamer KennethR.McClure Robert B.WhiteWEBSITE:www.givenspursley.com Thomas E.Dvorak Kelly GreeneMcConnell Michael V.WoodhouseRoyLewisEigurenCynthiaA.Melillo
Timothy P.Fearnside ChristopherH.Meyer James A.McClureJeffreyC.Fereday L.EdwardMiller OF COUNSEL
Steven J.Hippler Patrick J.Mitler
Cynthia A.Melillo Karl T.Klein Judson B.Montgomery RaymondD.Givens
Direct Dial:[phone] Debora K.Kristensen Angela K.Nelson
E-Mail:[e-mail] Anne C.Kunkel DeborahE.Nelson John A Miller,LL.M.*Franklin G.Lee W.Hugh O'Riordan TAxCONSULTANTDavidR.Lombardi Michael C.Orr *ucensed in Kentucky only
December 18,2003
Terri Carlock
Idaho Public Utilities Commission
472 W.Washington L ß-TðJ -XP.O.Box 83720
Boise,ID 83720-0074
Re:Direct Communications Rockland,Inc.,Rural Utilities Service andRuralTelephoneBankLoansOurFile:
Dear Terri:
Pursuant to Idaho Public Utilities Commission ("IPUC")Order No.29378,amending Order No.29058,which authorized Albion TelephoneCompany ("Albion")toborrowfromtheRuralUtilitiesService("RUS")and the Rural TelephoneBank ("RTB"),Albion was required to file with the IPUC copies of all final executed RUS and RTB loandocuments.Enclosed herewith are copies of the following final RUS and RTB loandocuments:
1.AmendingTelephoneLoan Contract,dated as of November 3,2003;2.Mortgage Note,made by Albion TelephoneCompany,dated as ofNovember3,2003 (RUS Variable Rate Note);
3.Mortgage Note,made by Albion TelephoneCompany,dated as ofNovember3,2003 (RUS Hardship Note);
4.Mortgage Note,made by Albion TelephoneCompany,dated as ofNovember3,2003
5.Restated Mortgage,Security Agreementand Financing Statement,datedNovember3,2003;
6.Copy of UCC 1 financing statement filed with the Idaho Secretary of State;and
7.Copy of UCC1 financing statement filed with the Utah DepartmentofCommerce,Division of Corporations and Commercial Code.
Terri Carlock
December 18,2003
Page 2
If you have any questions or comments regarding the enclosed,or if you needanyadditionalinformation,please do not hesitate to contact me.
Sincerely,
Cynthia A.Melillo
CAM/kn
Enclosures
cc:Mike Creamer (wlo enclosures)
Richard Redman (wloenclosures)S:\CLIENTS\5261\3\CAM to IPUC re loan documents.DOC