Exhibit 10 (hh)
THIS MORTGAGE, made this 21st day of October, in the year 2002, by M-Tron Industries, Inc. of 100
Douglas Avenue, Yankton, Yankton County, South Dakota, Mortgagor, to Yankton Area Progressive Growth,
Inc., P. O. Box 588, Yankton, SD 57078, Mortgagee:
WITNESSETH, that said Mortgagor hereby mortgages to said Mortgagee the following described premises
situated in the County of Yankton and State of South Dakota, to-wit:
Lot One (1) and Lot Two (2), Tucker's 4th Addition, County of Yankton, South Dakota, as per plat recorded in
Book S11, page 66,
West Two Hundred feet (W 200') of the Northeast Quarter of the Northeast Quarter (NE 1/4 NE 1/4), except
the North 467.8 feet thereof, AND the West Two Hundred feet (W 200') of Government Lot One
(1), Section Seventeen (17), Township Ninety-three (93), Range Fifty-five (55), Yankton County, South
as security for payment to said mortgagee at P. O. Box 588, Yankton, SD 57078, of the principal sum of Two
Hundred Fifty Thousand and 00/100 Dollars ($250,000.00) and no interest thereon, according to a certain
promissory note bearing even date herewith, due April 21, 2005.
SAID MORTGAGOR further agrees to pay all taxes and assessments that may be levied upon said premises,
before the same shall become delinquent and to keep the buildings upon said premises insured for the benefit of
said Mortgagee against loss by fire, wind, lightning, and other perils in the sum of at least $250,000.
In case of the Mortgagor's failure to pay said taxes or assessments before the same become delinquent or to pay
insurance premiums for insurance on said buildings, said Mortgagee or assignee may do so and the amounts so
paid shall be added to and deemed a part of the money secured by this mortgage. Said Mortgagor hereby
warrants that he is the owner in fee of said premises.
In case of default in the payment of said principal sum of money or any part thereof, or interest thereon at the time
or times above specified for payment thereof, or in