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- " III IIIIIIIIIIIII III <br />999 <br />urn <br />MORTGAGE 3131 W.ALABAMA, SUITE 301 • HOUSTON. TEXAS 77098 (7t 3)528.5%5 <br />August 19, 1985 <br />i~E~~11~1E1~- <br />AU6 2 01985 <br />Mined Land Reclamation <br />1313 Sherman Street <br />Suite 423 <br />Denver, Colorado 80203 <br />RE: <br />Gentlemen: <br />MINED LAND <br />RECLAMATION DIVISION <br />American Fuels, Inc. <br />This letter is a confirmation of a loan in the amount of <br />$2,500,000 to American Fuels, Inc. <br />The loan has been initially approved and funding will be <br />handled through Excalibur Mortgage in Houston Texas in an an- <br />ticipated three week schedule. <br />If you need additional information, please contact me. <br />Very truly yours, <br />Ferrell T. Riley <br />FR/mg <br />