1998-11-24 LOC Amended
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November 24, 1998
City of Albertville
5975 Main Avenue N.E.
P.O. Box 9
Albertville, MN 55301
RE: Irrevocable Letter of Credit #9-98
Pilot Land Development
Center Oaks 2nd and 3rd Addition
Irrevocable Letter of Credit No. 9-98 is hereby amended to reduce the amount from $194,00000
to $120,000.00.
A draft drawn under this Letter of Credit must bear on its face the the words: "Drawn under
Northeast 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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Thomas M. Beck
President