2000-11-13 LOC
-rI Northeast
~&nk
e
e
November 13,2000
Your Independenl
Community Bank
77 Broaclwav ~J.E
Minneapo!is, Mi\j .5:J413
612'379~8811
FJ~X 612.;-;62-3262
City of Albertville
Attn: Linda
Box 131
Albertville, MN 55301
!V1S'mbr9f F:.DJC
RE: Irrevocable Letter of Credit #5-99
Cedar Creek South 3rd Addition
Pilot Land Development Company
Irrevocable Letter of Credit No. 5-99 is hereby amended to reduce the amount from $48,400.00
to $28,400.00.
A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under
Northeast Bank Letter of Credit No. 5-99, dated May 05, 1999."
All other terms and conditions oflrrevocable Letter of Credit No. 5-99 shall remain unchanged.
Sincerely,
NORTHEAST BANK
~~ \ ~LcCA-
Gail T. Mikolich
Executive Vice President and Cashier