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C150191 Contract
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C150191 Contract
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Last modified
6/10/2013 2:56:50 PM
Creation date
3/26/2007 10:48:45 PM
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Loan Projects
Contract/PO #
C150191
Contractor Name
Buffalo Farms Water Development, LLC
Contract Type
Loan
Water District
64
County
Logan
Loan Projects - Doc Type
Contract Documents
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<br />AMENDMENT No. 1 TO LIMITED PERSONAL <br />GUARANTEE <br /> <br />Date: January 6, 2006 <br /> <br />Loan Contract: C150191, dated January 1,2005 ("ORIGINAL LOAN <br />CONTRACT"), amended January 6,2006 ("AMENDED <br />LOAN CONTRACT"). <br /> <br />Date of Limited Personal Guarantee: January 1, 2005 ("ORIGINAL LIMITED <br />PERSONAL GUARANTEE") <br /> <br />Note: Promissory Note, dated January 6, 2006, attached as <br />Appendix B to the AMENDED LOAN CONTRACT. <br /> <br />Collateral: <br /> <br />Guarantors: <br /> <br />Borrower: <br /> <br />Lender: <br />Principal Amount: <br />Interest Rate: <br />Term of Repayment: <br /> <br />Borrower's revenues and real property described in <br />Deeds of Trust, attached as appendices to the <br />ORIGINAL LOAN CONTRACT and the AMENDED LOAN <br />CONTRACT. <br /> <br />Each of the following is a joint and several Guarantor: <br />D. Kevin Vollmer <br /> <br />Michael Goss <br /> <br />BCK Heath Property, LLC <br /> <br />June I. Kross <br /> <br />AP Springer Farms, LLC <br /> <br />Mark A. Kross <br /> <br />Stephanie A. Mokler <br /> <br />Robert V. Sanderson <br /> <br />Buffalo Farms Water Development, LLC <br /> <br />Colorado Water Conservation Board ("CWCB") <br /> <br />$277,245 <br /> <br />2.25% per annum <br />20 years <br /> <br />Loan Payment: $17,367.20 <br /> <br />1. The Lender agrees to release the Guarantors under the ORIGINAL LIMITED <br />PERSONAL GUARANTEE from any and all obligations established pursuant to the <br />ORIGINAL LIMITED PERSONAL GUARANTEE. <br /> <br />Appendix G <br />Loan Contract C150191 Amendment No.1 <br />Page 1 of 4 <br />
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