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<br />Rehbein and Ryan, for themselves, their successors and assigns, hereby <br />unconditionally, jointly and severally guaranty of the obligations ofCRR <br />to fund the earnest money and the Purchase Price as provided in <br />paragraphs 3.0B and 3.0C, respectively. <br /> <br /> <br />2. Paragraph 3.0H is deleted in its entirety and substituted therefore is the following: <br /> <br />3. <br />and effect. <br /> <br />Except as set forth herein, the Guaranty shall remain unmodified and in full force <br /> <br />IN WIlNESS WHEREOF, the parties have executed this First Amendment effective as <br />of the day and year first above written, <br /> <br />CITY OF ARDEN HILLS <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />CRR, LLC <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />RYAN COMPANIES US, INC, <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />REHBEIN COMPANIES, INC. <br /> <br />By: <br /> <br />Name: <br />Its: <br /> <br />4138368_2.DOC <br />012307 <br /> <br />304669v2 SJB AR200-4 <br /> <br />2 <br />