Laserfiche WebLink
<br />678735 09/18/2006 0a:4$A B166 P791 DT <br />1 of 5 R 26.00 D 0.00 N 0.00 Logan County CO <br /> <br />DATE: <br />GRANTORS: <br /> <br />BENEFICIARY: <br />COUNTY: <br />PRINCIPAL LOAN AMOUNT: <br />LOAN CONTRACT: <br /> <br />TERMS OF REPAYMENT: <br />COLLATERAL: <br /> <br />Deed of Trust <br /> <br />January 6, 2006 <br />(1) BCK Heath Property, LLC <br />(2) AP Springer Farms, LLC <br />(3) Jack L. Cox Trust <br />(4) Mark A. Kross <br />(5) Stephanie A. Mokler <br />(6) June I. Kross <br />(7) Robert V. Sanderson <br />all on behalf of <br />Buffalo Farms Water Development, LLC <br />COLORADO WATER CONSERVATION BOARD <br />LOGAN <br />$277,245 <br />Loan Contract No. C 150191, dated January 1, 2005, <br />and amended January 6, 2006 <br />2.25% per annum for 20 years <br />An undivided one-hundred percent interest in a parcel <br />known as 10678 U.S. Highway 6, Merino, Colorado, <br />covering approximately five acres, located in the NE% <br />of Section 26, Township 6 North, Range 54 West of the <br />6th P.M., Logan County, Colorado; more particularly <br />described as follows: commence at NW corner of NE% <br />of Section 26; thence N88D45'36"E 162.44'; thence <br />S7D14'15"W 704.96'; thence S1 D56'15"E 81.80' to the <br />point of beginning; then S89D17'20"E 655.75'; thence <br />SOD42'40"W 336.20'; thence N89D17'20"W 640.19'; <br />thence N1D56'15"W 336.56' to point of beginning 26- <br />06-54. <br /> <br />This indenture is between the Grantors, and the Public Trustee of the above <br />referenced COUNTY, State of Colorado ("PUBLIC TRUSTEE"), <br />F ACTUAL RECITALS <br />1. The GRANTORS, except for Jack L. Cox Trust, are members of Buffalo Farms Water <br />Development, LLC ("BORROWER"). Grantor Jack L. Cox Trust is not a Borrower or <br />Guarantor of the Loan Contract No. C150191. The BORROWER has executed a <br />Promissory Note of even date and amount, set forth in the LOAN CONTRACT, for a <br />loan in the PRINCIPAL LOAN AMOUNT to be repaid to the BENEFICIARY, with TERMS OF <br />REPAYMENT and in accordance with the Promissory Note or until loan is paid in full. <br />2. The GRANTORS are desirous of securing payment of the PRINCIPAL LOAN AMOUNT <br />and interest of said Promissory Note to the BENEFICIARY. <br /> <br />Appendix F <br />Loan Contract C150191 Amendment No.1 <br />Page 1 of 5 <br />