2003-01-14 LOC Amended 16-01
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Your !n~!ep~nd€nt
Sank
77 t.,'!'E.
January 14,2003
IRREVOCABLE LETTER OF CREDIT NO. 16-01
City of Albertville
Attn: Linda Houghton
PO Box 9
Albertville, MN 55301
RE: CEDAR CREEK SOUTH 7TH ADDITION
Irrevocable Letter of Credit No. 16-01 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. 16-01, dated November 15, 2001."
All other terms and conditions of this Irrevocable Letter of Credit No. 16-01 shall remain
unchanged.
If you have any questions please feel free to contact Larry Crane at 763-792-3216
regarding this matter.
Sincerely,
~ ' .
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Ga' . Mikolich
Executive Vice President and Cashier