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2002-04-11 LOC Amended 16-01 .,.... .'f< -) .. iVortheast !iii Ballk Y 0ur Independent Carnrnurdty Bz:nt April 11, 2002 77 Broadvfay N,[ Minnea;)olis, MN 55413 612~379-B8-1i 2-36i;~3262 IRREVOCABLE LETTER OF CREDIT NO. 05-01 F.D_LC. City of Albertville Attn: Linda Houghton Box 131 Albertville, MN 55301 RE: IRREVOCABLE LETTER OF CREDIT NO. 05-01 Irrevocable Letter of Credit No. 05-01 is hereby amended to extend the maturity date to July 1, 2002. A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under Northeast Bank Letter of Credit No.OS-Ol, dated April 17, 2001." All other terms and conditions of this Irrevocable Letter of Credit No. 05-01 shall remain unchanged. Sincerely, /~c...Q I.. ~G.G<- Gail T. Mikolich Executive Vice President and Cashier