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2001-07-19 LOC e e , July 19, 2001 IRRE\10CI\BLE STANDBY LETTER OF CREDIT NO. 30-99 City of Albertville Box 131 Albertville, MN 55301 RE: Irrevocable Letter of Credit #30-99 -~1";',~ ,,- ion Pilot Land Development Company Irrevocable Letter of Credit No. 30-99 is hereby amended to extend the maturity date to October 5, 2001. A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under Northeast Bank Letter of Credit No.30-99, dated July 05, 2000." All other terms and conditions of this Irrevocable Letter of Credit No. 30-99 shall remain unchanged. Sincerely,