Loan Extension Letter Agreement between FCStone, LLC and Lender (Loan No. 809121001G1)
This letter agreement, dated February 25, 2003, confirms the extension of a $40,000,000 loan (Loan No. 809121001G1) provided to FCStone, LLC. The due date for repayment is extended from March 1, 2004, to March 1, 2005. All other terms and conditions of the original loan agreement remain unchanged. The agreement is signed by Bert Johnson, Agribusiness Portfolio Manager, and addressed to Robert V. Johnson of FCStone, LLC.
Exhibit 10.26
6400 N. W. 86th St., Johnston, IA 50131-6650
Date: February 25, 2003
Robert V. Johnson
FCStone, LLC
2829 Westown Parkway
West Des Moines, IA 50266
Dear Bob,
| Reference: | FCStone, LLC Loan Number: 809121001G1 Amount of Commitment: $40,000,000 Current Due Date: March 1, 2004 Extended Due Date: March 1, 2005 |
The Note(s) referenced above provide a provision whereby the loan may be extended for another one-year term. Notice is hereby given that the referenced note(s) have been extended to March 1, 2005. All other terms and conditions remain unchanged.
| Sincerely, |
| /s/ BERT |
| Bert Johnson Agribusiness Portfolio Manager |
