EXHIBIT 10.49


                       ENVIRONMENTAL INVESTIGATION LETTER

                                October 28, 2003
Commerce Financial Group, Inc.
7650 Edinborough Way
Suite 160
Edina, MN 55435

Re:      1945 Steiger Lake Lane, Victoria, MN

Ladies and Gentlemen:

         This letter will certify that we have conducted a search of the real
estate that is the subject of the above-referenced project in an attempt to
determine if there are any environmentally hazardous substances on or about the
premises. That search has consisted of engaging Braun Intertech Corporation and
obtaining a Phase I Environmental Site Assessment.

         It is therefore our opinion that to the best of the company's
information, knowledge, and belief, there are no pollutants or migrating
pollutants on or under the Mortgaged Property and that to the best of our
information, knowledge, and belief, no Hazardous Substances have been released
into the environment from the Mortgaged Property, and if any such Hazardous
Substances exist, HEI, Inc. shall and does hereby agree to fully indemnify and
hold harmless Commerce Financial Group, Inc. from any and all losses caused or
attributable to any such Hazardous Substances, and the company shall be willing
to execute an indemnity agreement specifically relating to such issue
substantially the form attached hereto as Exhibit 1.

                                   Sincerely,

                                   HEI, INC.

                                   By: /s/ Douglas J. Nesbit
                                      ----------------------------
                                      Its: Chief Financial Officer