1998-10-06 LOC Amended
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October 6, 1998
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City of Albertville
5975 Main Avenue N.E.
P.O. Box 9
Albertville, MN 55301
RE: Irrevocable Letter of Credit #9-98
Center Oaks 2nd and 3rd Additions Pilot Land Development Company
Irrevocable Letter of Credit No. 9-98 is hereby amended to reduce the amount from $335,437.00
to $194,000.00
A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under
Northeast State Bank Letter of Credit No. 9-98, dated July 24, 1998."
All other terms and conditions of Irrevocable Letter of Credit No. 9-98 shall remain unchanged.
Sincerely,
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Senior Vice President and Cashier