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of five percent (5%) per annum for a term of forty (40) years. Principal and interest shall be payable in equal installments of $19,846.68, with the first payment due and payable May 1, 1992, and annually thereafter until all principal and interest have been paid in full, with all such principal and interest required to be paid within 40 years. Payments shall be made payable to the Colorado Water Conservation Board and mailed to 1313 Sherman Street, Room 721, Denver, Colorado 80203. The outstanding loan amount may be prepaid in whole or in part at any time without premium or penalty. Any partial prepayment shall not postpone the due date of any subsequent payments or change the amount of such payments. All payments received shall be applied first to accrued interest and then to reduce the principal amount. As of the date of this amendment, the outstanding principal balance on this loan was $305,092.12. b. Paragraph B.14 is modified by the addition of the following sentence: The CWCB hereby agrees to execute and record the quit claim deed, attached hereto as Appendix 1 and incorporated herein, to return the property as described on said quit claim deed back to the Contractor in consideration of the Contractor providing substitute collateral to assure repayment of the loan. c. Paragraph B.19, Collateral, is an addition to the Original Contract as follows: Part of the security provided for this loan, as evidenced by the Deed of Trust, executed by the Contractor, dated October 1, 2001, attached as Appendix 2 and incorporated herein, shall be an undivided one hundred percent (100%) interest in the Fossil Creek Reservoir and Dam, as more particularly described in the attached Deed of Trust, hereinafter referred to as "collateral." d. Paragraph J of to the Original Contract is revised to read as follows: Upon complete repayment to the STATE of the entire principal and all accrued interest, the STATE agrees to execute a release of deed of trust to convey to the CONTRACTOR all of the STATE'S right, title, and interest in and to the property described in the Deed of Trust. e. The Special Provisions are amended by the addition of the following: 11. Pursuant to CRS 24-30-202.4 (as amended), the state controller may withhold debts owed to state agencies under the vendor offset intercept system for: (a) unpaid child support debt or child support arrearages; (b) unpaid balance of tax, accrued interest, or other charges specified in Article 22, Title 39, CRS; (c) unpaid loans due to the student loan division of the department of higher education; (d) owed amounts required to be paid to the unemployment compensation fund; and (e) other unpaid debts owing to the state or any agency thereof, the amount of which is found to be owing as a result of final agency determination or reduced to judgment as certified by the controller. 4. Except for the SPECIAL PROVISIONS, in the event of any conflict, inconsistency, variance, or contradiction between the provisions of this Amendment and any of the provisions of the ORIGINAL CONTRACT, the provisions of this Amendment shall in all respects supersede, govern, and control. The SPECIAL PROVISIONS shall always be controlling over other provisions in the contract or amendments. The representations in the SPECIAL PROVISIONS concerning the absence of bribery or corrupt influences and personal interest of STATE employees are presently reaffirmed. 5. Financial obligations of the state payable after the current fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and otherwise made available.