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<br />02-17-06 <br /> <br />This Letter of Credit shall be governed by the most recent revision of the Uniform <br />Customs and Practice for Documentary Credits, International Chamber of Commerce Publication <br />No. 500. <br /> <br />We hereby agree that a draft drawn under and in compliance with this Letter of Credit <br />shall be duly honored upon presentation. <br /> <br />BY: <br /> <br />Its <br /> <br />** I Must be a location within 50 miles of City Of Centerville. <br /> <br />Q:\Agreements\Pheasant Marsh 3\Pheasant Marsh 3rd Addition V14.doc <br /> <br />Page 25 <br /> <br />~7 <br />