2001-07-19 LOC Amended
.
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.. Northeast
. Bank
Your Independent
Community Bank
July 19,2001
77 Broadway N.E.
Minneapolis, MN 55413
612-379-8811
FAX (,12-362-3262
IRREVOCABLE STANDBY LETTER OF CREDIT NO. 09-98
Member F.D.I.C.
City of Albertville
5975 Main Avenue N.E.
P.O. Box 9
Albertville, MN 55301
RE: Irrevocable Letter of Credit #09-98
Pilot Land Development
"'-___,,"4; , _' 1 1 ill I ll:L ,
Irrevocable Letter of Credit No. 09-98 is hereby amended to extend the maturity date to
September 30, 2001.
A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under
Northeast Bank Letter of Credit No.09-98, dated July 24, 1998."
All other terms and conditions of this Irrevocable Letter of Credit No. 09-98 shall remain
unchanged.
Sincerely,