LPPD000447

• Contract/PO #: C150170
• Contractor Name: North Poudre Irrigation Company
• Contract Type: Loan
• Water District: 3
• County: Larimer
• Loan Projects - Doc Type: Contract Documents

AMENDMENT NO. 1 TO DEED OF TRUST
Date:
Grantor (Borrower):
Beneficiary (Lender):
Date of Deed of Trust:
Recording Date of Deed of Trust:
County of Recording ("County"):
Deed of Trust Recording Information:
Loan Contract:
Promissory Note:
November 3, 2006
NORTH POUDRE IRRIGATION CO.
Colorado Water Conservation Board
August 1, 2004
April 21, 2005
Larimer County
458524 (2 pages)
C 150170, dated August 1, 2004,
amended November 3, 2006
$735,280, 3.25%, 20 Years, dated
November 3, 2006
This Amendment to the Deed of Trusf is between the Grantor and the Public
Trustee of Larimer County, State of Colorado.
The Original Deed of Trust was recorded to secure repayment of the
indebtedness evidenced by Loan Contract and Promissory Note befinreen the
Grantor and the Beneficiary.
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The amount of the loan to the Grantor was increased from $614,080 to $735,280. Grantor
and Beneficiary have agreed to amend the Original Deed of Trust to reflect the loan amount
of $735,280.
NOW THEREFORE, the CWCB and Grantor agree that:
1
E
Paragraph 1 of the Original Deed of Trust is hereby amended to read as follows:
The Grantor has executed a Promissory Note dated November 3, 2006, to secure the
repayment of the indebtedness evidenced by Contract No. C150170, dated August 1,
2004, as amended on November 3, 2006 for the total principal sum of $735,280, to be
repaid to the State of Colorado for the use and benefit of the Department of Natural
Resources, Colorado Water Conservation Board ("CWCB") the beneficiary herein, whose
address is 1313 Sherman Street, Room 721, Denver, CO 80203, payable in 20 annual
installments, in accordance with said Promissory Note, or until the loan is paid in full.
In the event of any conflict, inconsistency, variance, or contradiction between the
provisions of this amendment and any of the provisions of the original deed of trust, the
provisions of this amendment shall in all respects supersede, govern, and control.
3. Any provisions of the original deed of trust not expressly modified herein remain in full
force and effect
Executed on the date first written above.
GRaNroR: The North Poudre Irrigation
Company, a Colorado nonprofit
co�poration
Appendix C to Loan Contract C150170 Amendment No. 1