Summary: Application to issue (1) Promissory Notes and a Telephone Loan Contract Amendment together with a Restated Mortgage Security Agreement and Financing Statement with the Rural Electrification Administration (REA) and the Rural Telephone Bank in the amounts of $2,589,000 from the REA and $2,612,400 from the Rural Telephone Bank, and (2) reimbursement note with the Federal Financing Bank in the amount of $100,000.