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2002-11-12 LOC Amended . . , November 12,2002 Your ~rHjepgndGnt CammunHy IRREVOCABLE STANDBY LETTER OF CREDIT NO. 45-00 N.E r'J1N 612<~?9-8811 2-3G?-;i?fi2 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 extend the maturity date to February 14,2003. 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, )'-L, I.. \ '-"-- v--- Y~/--....' Gail T. Mikolich Executive Vice President and Cashier