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2003-01-14 LOC Amended e e , YaUf B3:nk January 14, 2003 IRREVOCABLE LETTER OF CREDIT NO. 45-00 City of Albertville Attn: Linda Goeb PO Box 9 Albertville, MN 55301 RE: CEDAR CREEK SOUTH 6TH ADDITION Irrevocable Letter of Credit No. 45-00 is hereby amended to change the name of the account from Pilot Land Development Company to Woodside Group Inc. A draft drawn under this Letter of credit must bear on its face the words: "Drawn under Northeast Bank Letter of Credit No. 45-00, dated November 14,2000." All other terms and conditions of this Irrevocable Letter of Credit No. 45-00 shall remain unchanged. If you have any questions please feel free to contact Larry Crane at 763-792-3216 regarding this matter. Sincerely, ~ J. y7/G.1~~c..J'..-- Gail T. Mikolich Executive Vice President and Cashier