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2008-07-17 RECEIVED JUl 2 1 2008 TOWN CLERK MANDT BANK TRADE SERVICES DEPT., 2ND FL ONE FOUNTAIN PLAZA BUFFALO, NEW YORK 14203-1495 TELEPHONE: (716) 848-3597 (800) 724-1268 ;;i~'\7-~':, ~ "- ,~:;::' '0, July 17, 2008 ,/u 2,.. ( 2 ", vlvlft" ;>, It'IA: VIG, c, l.~~ \jvvlI; ..q,"> ;)~tt;IvIS .-' AJ/~;:)!.l;,~ /. IVG~/]Of:( ,'::, ,~-:/ ") _/ TOWN OF WAPPINGER 20 MIDDLEBUSH ROAD WAPPINGERS FALLS, NY 12590 RE: Our Letter of Credit Number: 3B-910912-2000 Current USD Balance:94,800.00 Date of Issue: 10/10/2007 Account of: PHANTOM HOLLOW REALTY CORP. C/O RIEGER HOMES, INC. 6 OLD NORTH PLANK ROAD NEWBURGH, NY 12550 Prior Expiration Date: 10/09/2008 Amount: USD94,800.00 Ladies and Gentlemen: According to the original terms of this letter of credit, it has been automatically extended for an additional period. The new expiration date is: 10/09/2009 This letter is a notification only and is not an amendment to the credit. Very truly yours, Thank you for the opportunity to be of service to you. -~, /' '--_~_"~_...-;=:> L,:~ .-~~J"-;--;: ~J~__ Authorized Signature cc: PHANTOM HOLLOW REALTY CORP. C/O RIEGER HOMES, INC. 6 OLD NORTH PLANK ROAD NEWBURGH, NY 12550 STELLWAG, MARK J. Bank: 2000 Branch: 18182HUDSON VALLEY NORTH - CRE : FISHKILL OPERATIONS CENTER - 02 Letter of Credit File SB-910912-2000