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1995-08-15 LOC Reduction e e . Northeast IT . State Banr~ August 15th 1995 Your Independent Community Bank city Of Albertville. Attn. Linda Houghton Box 131 Albertville MN 55301 200 Coon Rapids Bivc1 Coon Rapids, fv1!\155433 e,l 7843533 FAX 512 -7B4-3534 Member F O,!.C Attn Linda Houghton RE: Irrevocable Letter of Credit No. 13-95 Kenco Construction, Inc Parks ide Addition Improvements. Dear Ms. Houghton: Irrevocable Letter of Credit No. 13-95 is hereby reduced to $198,187.41. A draft drawn under this Letter of Credit must bear on its face the words: II Drawn under Northeast state Bank Letter of Credit No. 13- 95 ,dated May 1st, 1995. All other terms and conditions of Irrevocable Letter of Credit No. 13-95 shall remain unchanged. Sincerely, _fi_ " R.G.Okerman Executive Vice President .G.Crane Vice President RGOjSJD