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..;1-a <br />,, l.';frit <br />August 28, 2000 <br />Indian River County <br />Board of County Commissioners <br />1840 25th Street <br />Vero Beach, Florida 32960 <br />Re: Inevocable Standby Letter of Credit S870004 <br />For the Account of Hammock Lakes Ltd. <br />Amendment Number 1 <br />Gentlemeni r <br />We hereby amend our lrrevocable Standby Letter of Credit S870004 in your <br />favor as follows: <br />1.) The expiration date of the Letter of Credit is extended to <br />September 13,2001. <br />2.) Paving required will be /." <br />3.) Total account shall secure defaults for the sidewalk obligation, <br />the paving obligation, or both, <br />This amendment is to be ccnsidered a part of lrrevocable Standby Letter of <br />Credit Number S870004 and must be attached thereto. All other terms and <br />conditions remain the same. <br />Sincerely, <br />GGB:pk <br />l,() Bor ll?19 l[u1rh.r. FL 3lll,l'tf;l|,