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<br />Hundred Thousand Dollars ($300,000)" dated May 1, 2002, attached to the <br />Amended CONTRACT as Appendix 2. <br />3. The CWCB agrees that it shall extend the time for completion of the BORROWER'S <br />Project to December 31, 2006. <br />4. The parties agree that the Amended CONTRACT, DATED MAY 1, 2002, is and shall be <br />modified, altered, and changed in the following respects only: Paragraph 6(a) is <br />revised to read as follows: "Therefore, the Borrower shall commence with <br />construction in order to complete the Project by no later than December 31, 2006. If <br />the BORROVVER does not complete prior to December 31, 2006, the PROJECT shall be <br />deemed to be substantially complete as of December 31, 2006 and repayment will <br />commence according to the terms of the PromiSSOry Note, attached to this <br />CONTRACT as Appendix A." <br />5. It is expressly agreed by the parties that this Amendment is supplemental to the <br />ORIGINAL CONTRACT as amended and all terms, conditions, and provisions thereof, <br />unless specifically modified herein, are to apply to this Amendment as though they <br />were expressly rewritten, incorporated, and included herein. <br />6. Contract Amendment Service Fees. Under certain circumstances, the <br />BORROWER shall be assessed a fee for amending the contract. <br />a. A service fee shall be imposed on the BORROWER for amendments <br />processed for the benefit of the BORROWER and necessary for the <br />BORROWER'S course of business, including, but not limited to, a change in <br />borrower name (novation), assignment of contract, substitution of collateral, <br />loan payment deferments in excess of 3 per loan, and loan consolidation. <br />Amendments in the course of CWCB business, including, but not limited to, <br />loan payment deferments (up to 3 per loan) and changes in terms of loan <br />repayment will be processed at no additional charge to the borrower. <br />b. The amount charged shall be the fee rate structure in accordance with the <br />CWCB Loan Service Charge Policy in effect at the time the BORROWER shall <br />request an amendment. The current fee for an amendment is $1,000. <br />c. The BORROWER shall remit the service fee to the CWCB prior to initiation of <br />the amendment. Any service fee remitted to the CWCB cannot be <br />refunded. <br />SPECIAL PROVISIONS (8/1105 version). State Fiscal Rule 3-1 requires the inclusion of these <br />Special Provisions in every STATE contract, including grants. <br /> <br />1. CONTROLLER'S APPROVAL. CRS 24-30-202 (1) <br /> <br />This contract shall not be deemed valid until it has been approved by the Controller of the State of <br />Colorado or such assistant as he may designate. <br /> <br />Loan Contract C153770 Amendment No.2 <br />Page 2 of5 <br />