1998-10-13 Amendment LOC
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BUILDERS MORTGAGE COMPANY LLC
Construction Loan Specialists/or Professional Builders
403 Jackson Street, # 301
Anoka, MN 55303
(612)-323-0820
(612)-323-9105 (Fax)
14300 Nicollet Court, #111
Bumsville, MN 55306
(612) 898-1110
(612) 892-6555 (Fax)
October 13, 1998
City of Albertville
5975 Main Avenue NE
PO Box 9
Albertville, MN 55301
Re: Cedar Creek North - Pilot Land Development Company
Re: AMENDMENT
Our Irrevocable Letter of Credit No.6633-798-DI Dated: July 20, 1998
Ladies and Gentlemen:
Builders Mortgage Company LLC hereby amends Irrevocable Letter of Credit No.
6633-798-DI Dated: July 20, 1998, as follows:
1. The amount of the above referenced Irrevocable Letter shall be
decreased from $697,000.00 U.S. to $250,000.00 U.S.
All other terms and conditions remain without change.
Very truly yours,
BUILDERS MORTGAGE COMPANY LLC
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Patricia Filip
Chief Financial Officer