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IW A d !ii 244 <br /> ©2007 Wisconsin Bankers Association/Distributed by FIPCO® Boxes Checked Are Applicable. <br /> Boxes Not Checked Are Not Applicable. <br /> IRREVOCABLE STANDBY LETTER OF CREDIT <br /> Bank of Deerfield <br /> 15 S.Main St.,P.O.Box 85 <br /> Deerfield,WI 53531 <br /> (NAME AND ADDRESS OF ISSUING BANK) <br /> IBENEFICIARY .:` LETTER OF CREDIT NQ ... DATE <br /> Dane County Planning&Development 533 July 15,2011 <br /> 1 210 Martin Luther King Jr. Blvd Room 116 <br /> Madison,WI 53703 <br /> WE HEREBY AUTHORIZE YOU TO DRAW ON US FOR THE ACCOUNT OF HEPTA S.Inc. <br /> UP TO AN AGGREGATE AMOUNT OF Twenty Two Thousand Five Hundred and 00/100 ($22,500.00 <br /> AVAILABLE BY YOUR DRAFTS AT SIGHT TO BE ACCOMPANIED BY <br /> All demands requested by Dane County Planning&Development, must be accompanied by a statement signed by an authorized <br /> representative stating that HEPTA S, Inc.,its heirs or assigns have defaulted or failed to perform pursuant to the terms specified in the <br /> special instructions noted below in this agreement. All such demands shall be honored on presentation without notice to or subject to <br /> confirmation by HEPTA S, Inc. <br /> I <br /> SPECIAL INSTRUCTIONS: <br /> ALL BANKING CHARGES OTHER THAN ISSUING BANK'S ARE FOR BENEFICIARY'S ACCOUNT, <br /> PARTIAL DRAWINGS® PERMITTED❑ NOT PERMITTED. <br /> ALL DRAFTS MUST BE MARKED"DRAWN UNDER LETTER OF CREDIT OF Bank of Deerfield <br /> (NAME OF ISSUING BANK) <br /> • <br /> NO.533 DATED July 15, 2011 <br /> THIS LETTER OF CREDIT IS SUBJECT TO THE INTERNATIONAL STANDBY PRACTICES (1998), INTERNATIONAL CHAMBER OF <br /> COMMERCE PUBLICATION NO.590.WE AGREE WITH YOU TO PAY DRAFT(S) DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS <br /> OF THIS LETTER OF CREDIT IF PRESENTED AT THIS OFFICE TOGETHER WITH THIS LETTER OF CREDIT ON OR BEFORE THE CLOSE <br /> OF OUR BUSINESS ON July 15,2012 <br /> July 15,2011 <br /> (DATED) <br /> Bank of Deerfield <br /> AM�E OF BANK <br /> BY <br /> AUTHORIZED SIGNATURE <br /> Bruce K. Gibson,Vice President <br /> I <br />