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1998-06-25 LOC 284 First National Bank I FHDI e) e\ j First National Bank of Monticello June 25, 1998 IRREVOCABLE LETTER OF CREDIT #284 City of Albertville 5975 Main Avenue NE Albertville MN 55301 To Whom It May Concern: By Order 0 RE: Letter of C amount of ($24,185.0 Please address all correspondence regarding this Letter of Credit to the attention of First National Bank of MonticeUo, 407 Pine Street, P.O. Box 239, Monticello, MN 55362. Sincerely, ~o/ Tom Lindquist Vice President TSL/ldp cc: Little Mountain Development LLC and Floyd Roden 407 Pine Street Monticello, Minnesota 55362 Phone 612-295-2290 Respond To 0 Monticello 0 Lakeville Detached Facility: Lakeville 10880 West 175th Street Lakeville, Minnesota 55044 Phone 612-892-6000 MEMBER FDIC