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2002-12-04 LOC Amended e . ~ December 4, 2002 55413 IRREVOCABLE STANDBY LETTER OF CREDIT NO. 45-00 City of Albertville Attn: Linda Houghton 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 $42,421.00 to $10,000.00. 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, ~~k~ Gail T. Mikolich Executive Vice President and Cashier