2002-11-12 LOC Amended 16-01
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.. Northeast
. Bank
Your Imlepelilhml
Community !lank
November 12, 2002
77 Broaciwav N,E,
IRREVOCABLE STANDBY LETTER OF CREDIT NO. 16-01
Minneapulisl fv1r~ 55413
612-379-8811
F!\X: 6'12-<362-3262
City of Albertville
Attn: Linda Houghton
P.O. Box 9
Albertville, MN 55301
Member F<O.LC
RE: CEDAR CREEK SOUTH 7th ADDITION
Irrevocable Letter of Credit No. 16-01 is hereby amended to extend the maturity date to
February 15,2003.
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.l6-0 1 shall remain
unchanged.
If you have any questions please feel free to contact Larry Crane at 763-792-3216
regarding this matter.
Sincerely,
//~c>--Sj-) 7 tL<--JlD~. CJ-____
Gail T. Mikolich
Executive Vice President and Cashier