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<br />AMENDMENT No. 1 TO DEED OF TRUST
<br />
<br />Date: July 27, 2005
<br />Grantor (Borrower): The Lake Henry Reservoir Company
<br />Beneficiary (Lender): Colorado Water Conservation Board
<br />Date of Deed of Trust: November 1, 2002
<br />Recording Date of Deed of Trust: November 25, 2002
<br />County of Recording ("County"): Crowley
<br />Deed of Trust Recording Information: Reception No. 159348 (3 pages)
<br />Loan Contract: C150098, dated November 1, 2002, amended
<br />July 27,2005
<br />Promissory Note: $147,701.10 at 4.25%,30 Years, dated July 1,
<br />2005
<br />
<br />This Amendment to the Deed of Trust is between the Grantor and the Public Trustee of the
<br />County, State of Colorado.
<br />
<br />The Original Deed of Trust was recorded to secure repayment of the indebtedness
<br />evidenced by Loan Contract and Promissory Note between the Grantor and the Beneficiary.
<br />
<br />Grantor and Beneficiary have agreed to amend the Original Deed of Trust to
<br />$147,701.10 to reflect the revised principal loan amount.
<br />
<br />NOW THEREFORE, the CWCB and Grantor agree that:
<br />
<br />1. The "Principal Loan Amount" is hereby amended to read "$147,701.10."
<br />
<br />2. In the event of any conflict, inconsistency, variance, or contradiction between the provisions
<br />of this amendment and any of the provisions of the original deed of trust, the provisions of
<br />this amendment shall in all respects supersede, govern, and control.
<br />
<br />3. Any provisions of the original deed of trust not expressly modified herein remain in full force
<br />and effect.
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<br />Executed on the date first written above.
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<br />Allen L Ringle, corp~ Secretary
<br />
<br />GRANTOR: The Lake Henry Reservoir Company
<br />
<br />By atfm.f2JL
<br />
<br />Robert'" Robler, President
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<br />APPENDIX C to LOAN CONTACT NO. C150098 AMENDMENT NO.1
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