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<br />. 15934ifH/2!s/2002 01 i52P'. DT.L. 'NIchols <br />. 1 of 3 R 16.00 D 0.00 N 0.00 Crowley Co, Co <br /> <br />Deed of Trust <br /> <br />DATE: November 1,2002 <br /> <br />GRANTOR: THE LAKE HENRY RESERVOIR COMPANY <br /> <br />BENEFICIARY: COLORADO WATER CONSERVATION BOARD <br /> <br />eOUNTY: eROWLEyeOUNTY <br /> <br />PRINCIPAL LOAN AMOUNT: $490,000 <br /> <br />LOAN CONTRACT: Loan eontract No. C150098, dated November 1, 2002 <br /> <br />TERMS: Interest of 4.25% per annum and repayment period .of 30 <br />years <br /> <br />COLLATERAL: An undivided .one hundred percent (100%) interest in and <br />ta all easements and rights-af-way appurtenant thereto, all <br />impravements therean, and all other physical and legal <br />features knawn as the Lake Henry Reservair located in <br />Sectians 31 and 32, Township 20 Sauth, Range 56 West <br />and Sections 5 and 6, Tawnship 21 South, Range 56 West <br />of the 6th P.M., Crowley Caunty, eolarada, together with all <br />dams, embankments, gates, easements, ditches,canals, <br />rights-of-way and all ather structures, appliances, fixtures <br />and other property .of whatsaever kind and descriptian the <br />same may be and which are now, and which have been <br />heretofore, or which may hereafter be used in cannectian <br />with the aperatian .of said reservoir and the storage. <br /> <br />This indenture is between the GRANTOR, and the Public Trustee .of the abave <br />referenced COUNTY, State .of Colorada ("PUBLIC TRUSTEE"), <br /> <br />Factual Recitals <br /> <br />1. The GRANTOR has executed a Promissary Note .of even date and amount, set forth <br />in the LOAN eONTRACT, for a loan in the PRINCIPAL LOAN AMOUNT ta be repaid to the <br />BENEFICIARY, with terms as shown above and in accordance with the Promissory <br />Note or until loan is paid in full. <br /> <br />2. The GRANTOR is desirous .of securing payment of the PRINCIPAL LOAN AMOUNT and <br />interest of said Promissory Note to the BENEFICIARY. <br /> <br />The GRANTOR, in cansiderationof the premises and for the purpase aforesaid, <br />does hereby grant, bargain, sell and convey unta the said PUBLIC TRUSTEE in trust <br />farever, the above described COLLATERAL. <br /> <br />Appendix 5 to Loan Contract C150098 <br />