2003-06-17 LOC
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Your independent
Bank
June 17, 2003
IRREVOCABLE LETTER OF CREDIT NO. 05-01
fv1N 55413
City of Albertville
Attn: Linda Goeb
PO Box 9
./\1 bertvill e, M1\f 55301
F,O.I.C.
RE: CEDAR CREEK NORTH 3RD ADDITION
Irrevocable Letter of Credit No. 05-01 is hereby amended to extend the maturity date to
October 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. 05-01, dated April 17, 2001."
All other terms and conditions of this Irrevocable Letter of Credit No. 05-01 shall remain
unchanged.
If you have any questions please feel free to contact Larry Crane at 763-792-3216
regarding this matter.
Sincerely,
~~ 'I ~~'-----
Gail T. Mikolich
Executive Vice President and COO