1998-10-06 LOC Amended
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atI Northeast
~ Bank
Your lodependent
Community Bani!
October 6, 1998
77 Broadway Nt
Minneapolis, l'vll\J 55413
612379-8811
FAX 6123623262
fv'lernber F.D.!,C.
City of Albertville
5975 Main Avenue N.E.
P.O. Box 9
Albertville, MN 55301
RE: Irrevocable Letter of Credit # 11-97
Parkside 4th Addition Pilot Land Development Company
Irrevocable Letter of Credit No. 11-97 is hereby amended to reduce the amount from $30,685.00
to $7,000.00
A draft drawn under this Letter of Credit must bear on its face the words: "Drawn under
Northeast State Bank Letter of Credit No. 11-97, dated June 18, 1997."
All other terms and conditions of Irrevocable Letter of Credit No. 11-97 shall remain unchanged.
Sincerely,
A_ r\ l~~
.....-G'aX~un
Senior Vice President and Cashier