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February 18 , 1987 <br />City of Little Canada <br />page -2- <br />IRREVOCABLE STANDBY <br />Letter of Credit 10384 <br />It is also understood that once the City of Little Canada has satisfied all <br />costs from drafts drawn on the bank that any excess funds from those drafts <br />will be returned to the bank. <br />This credit sets forth in full our obligation to you and cannot be amplified <br />or modified. We represent that all drafts presented under this Letter of <br />Credit and in compliance with its terms will be duly honored. <br />We confirm to you that this instrument is issued to you in accordance with <br />the Uniform Customs and Practices for Documentary Credit (1983 revision), <br />International Chamber of Commerce Brochure No. 400. <br />NORWEST BANK CENTRAL <br />We hereby agree to the terms and <br />conditions of thi. L•t / o, Credit <br />11111110 de Or- <br />Page 7 <br />