2002-09-17 LOC Amended
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September 17, 2002
IRREVOCABLE STANDBY LETTER OF CREDIT NO. 09-98
City of Albertville
Attn: Linda Houghton
P.o. Box 9
Albertville, MN 55301
RE: Irrevocable Letter of Credit #09-98
Pilot Land Development
Center Oaks 2nd, 3rd, and 4th Addition
Irrevocable Letter of Credit No. 09-98 is hereby amended to extend the maturity date to
March 30, 2003.
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,
./~) ~~~
Gail T. Mikolich
Executive Vice President and Cashier