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2002-12-17 LOC Amended ~ . , htneneraient B,Htk December 17,2002 55413 n ; r' .U,l.\..-. IRREVOCABLE STANDBY LETTER OF CREDIT NO. 45-00 City of Albertville Attn: Linda Goeb P.O. Box 9 Albertville, MN 55301 RE: CEDAR CREEK SOUTH 6TH ADDITION Irrevocable Letter of Credit No. 45-00 is hereby amended to decrease the amount available from $10,000.00 to $5,000.00. 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, A .5). ~~c/- ~~ Mikolich Executive Vice President and Cashier