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<br />All other references in the Bond to a Guaranty Agreement <br />are hereby deleted. <br /> <br />Section 3. Transfer of Bond. <br />shall be effective unless the Bond <br />Amendment. <br /> <br />No transfer of the Bond <br />is accompanied by this <br /> <br />Section 4. Conflict. Except as is specifically modified <br />herein, the terms of the Bond shall remain in full force and <br />effect. To the extent there is any conflict between the terms and <br />provisions of this Amendment and the Bond, the terms and <br />provisions of this Amendment: shall control. <br /> <br />Section 5. Effective Date. Notwithstanding the actual <br />date of execution, this Amendment shall be effective on August <br />' 1990 (the "Effective Date"). <br /> <br />IN WITNESS WHEREOF', this Amendment has been executed on <br />this the day of August, 1990. <br /> <br />"Issuer" <br /> <br />(SEAL) <br /> <br />ATTESTED: <br /> <br />CITY OF LOUISVILLE, COLORADO <br /> <br />City Clerk <br /> <br />By: <br /> <br />Mayor <br /> <br />, <br />"Lender" <br /> <br />FIRST NATIONAL <br />BOULDER <br /> <br />BANK <br /> <br />IN <br /> <br />By: <br /> <br />Title: <br /> <br />- 21 - <br />