2000-02-24 LOC 26-98
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. Northea5t
. Bank
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February 24, 2000
Your Independent
CDrmnunitv Bank
IRREVOCABLE LETTER OF CREDIT NO. 26-98
City of Albertville
Attn: Linda Houghton
Box 131
Albertville, MN 55301
RE: SUBDIVISION IMPROVEMENTS IN THE KARSTON COVE, CITY OF
ALBERTVILLE AS REGULA TED BY THE DEVELOPERS AGREEMENT
Irrevocable Letter of Credit No. 26-98 is hereby amended to extend the maturity date to
November 30, 2000.
A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under
Northeast Bank Letter of Credit No. 26-98, dated November 30,1998."
All other terms and conditions of this Irrevocable Letter of Credit No. 26-98 shall remain
unchanged.
Sincerely,
~oD~_
Gail T. Braun
Executive Vice President and Cashier