CENTENNIAL BANK [LOGO] Administrative
Member FDIC Offices
Open for business. 675 Oak
P.O. Box 1560
Eugene, OR 97440
(▇▇▇) ▇▇▇-▇▇▇▇
FAX (▇▇▇) ▇▇▇-▇▇▇▇
LETTER OF AGREEMENT FOR A
BORROWER-IN-CUSTODY
May 4, 2000
Federal Reserve Bank of San Francisco
▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Attention: ▇▇▇▇ ▇▇▇▇▇▇
In consideration of being able to request advances from you and your making
advances to us secured by our pledge to you of collateral that you will
permit us to hold in safekeeping for you, and to secure any advance or
indebtedness or other obligation to you that we may incur, we agree to the
provisions of Appendix B to your Operating Circular No. 10, effective
January 2, 1998, as amended from time to time.
CENTENNIAL BANK
By: /S/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
----------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Senior Vice President
and Cashier