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Baitk of America <br />DATE: MAY 2, 2003 <br />AMENDMENT TO IRREVOCABLE STANDBY CREDIT NUMBER: 3046140 <br />AMENDMENT NUMBER 1 <br />BENEFICIARY <br />INDIAN RIVER COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br />1840 25TH STREET <br />VERO BEACH, FL 32950 <br />PAGE: 1 <br />APPLICANT.. <br />M -R HOMES, LTD.. <br />1300 N. FLORIDA MANGO RD. <br />WEST PALM BEACH, FL 33409 <br />THIS AMENDMENT IS TO BE CONSIDERED AN INTEGRAL PART OF THE ABOVE CREDIT <br />AND MUST BE ATTACHED THERETO. <br />THE ABOVE MENTIONED CREDIT IS AMENDED AS FOLLOWS: <br />THE EXPIRATION DATE IS AMENDED TO: MAY 12, 2004. <br />ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. <br />IF YOU REQUIRE ANY ASSISTANCE OR HAVE ANY QUESTIONS REGARDING THIS <br />AMENDMENT, PLEASE CALL 305-819-7662 . <br />ORIZED SIGNATURE AUTHORIZED SIGNATURE <br />THIS DOCUMENT CONSISTS OF 1 PAGE(S). <br />CARRILLO, 8OUVAf <br />ORIGINAL <br />Bank of Americo. N.A. Trade Operations <br />Mail Code: CA9-703-19-09 <br />333 S. Beaudry Avenue. 19th Floor, Lo. Angeles. CA 90017 <br />00-35-02070313 9-1999_CA9 19 <br />EUNSON BAE <br />1_11 0........n...a o....... <br />