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• • f& b; Pa9e 3 <br /> State of Colorado <br /> Letter of Credit No. 00281 <br /> page 2 <br /> to his power to draw hereon under the preceding paragraphs, <br /> the Director may draw the full or any lesser amount hereof at <br /> any time prior to such expiration date by sight draft, or <br /> drafts, accompanied by the written statement of the Director <br /> certifying that the amount drawn will be held as a cash <br /> deposit in lieu of financial warranty, as provided in <br /> applicable Colorado statues governing mined land and <br /> reclamation. <br /> The original signed letter of credit will be presented to the <br /> Bank by the beneficiary along with any draft presented <br /> pursuant to this letter of credit, amount, or the balance <br /> remaining available, under this letter of credit. <br /> If any expiration date specified herein shall fall upon a day <br /> other than a regular business day of the Bank, the expiration <br /> date shall ipso facto be extended to the close of business on <br /> the next successive business day of the Bank. <br /> This credit is issued to the Uniform Customs and Practice for <br /> Documentary Credits (1983 revision) , International Chamber of <br /> Commerce Publication No. 400. <br /> NORWEST WK MMO�JNTRROSE, NATIONAL ASSOCIATION <br /> By: ��9-L/2na4'D <br /> Ron Holman, Vice President Agriculture <br />