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2005-04-11 LOC Amended 06-02ftl Northeast WBank Strength of a Leader. Hand of a Friend. April 11, 2005 IRREVOCABLE STANDBY LETTER OF CREDIT NO.06-02 City of Albertville Attn: Linda Goeb PO Box 9 Albertville, MN 55301 RE: CEDAR CREEK SOUTH 5TH ADDITION 77 Broadway Street NE Minneapolis, MN 55413 Ph 612-379-8811 Fx 612-362-3262 Irrevocable Letter of Credit no. 06-02 is hereby amended to extend the maturity date to April 30, 2006. A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under Northeast Bank Letter of Credit No. 06-02, dated April 8, 2002." All other terms and conditions of this Irrevocable Letter of Credit No. 06-02 shall remain unchanged. If you have any questions please feel free to contact Larry Crane at 763-792-3216 regarding this matter. Si erely, Gail T. Mikolich ecutive Vice President and Chief Operating Officer MEMBER FDIC I& EQUAL OPPORTUNITY LENDER