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<br />QUIT CLAIM DEED AND RELEASE <br />(11 shares of the capital stock of the Wellington Reservoir Company represented by stock <br />certificate number 1378) <br /> <br />WHEREAS, the Colorado Water Conservation Board ("CWCB") and Columbine Ranches <br />Property Owners Association ("CRPOA") entered into a contract dated June 6, 2000, Contract <br />Encumbrance Number C1500 lOA, which contract was subsequently amended on February 1,2003, <br />pursuant to which contract CWCB loaned money ($399,000.00) to CRPOA, and CRPOA agreed to <br />repay the loan; <br /> <br />WHEREAS, in connection with said loan, CWCB'is the holder of a lien ("Lien") on stock <br />certificate number 1378 of the Wellington Reservoir Company, representing eleven (11) shares of <br />capital stock, along with the water rights and ditch rights associated with said stock (collectively, <br />the "Property"), owned by CRPOA; <br /> <br />WHEREAS, the indebtedness secured by the Lien has been fully paid and the purposes of <br />the Lien have been fully satisfied; <br /> <br />NOW, THEREFORE, in consideration of the premises, the CWCB does hereby remise, <br />release and quit claim unto the present owner or owners of the Property, and unto the heirs, <br />successors and assigns of such owner or owners forever, all the right, title and interest which CWCB <br />has under and by virtue of the aforesaid Lien on said Property, to have and to hold the same, with <br />all the privileges and appurtenances thereunto belonging forever; and further CWCB does hereby <br />fully and absolutely release, cancel and forever discharge said Lien. <br /> <br />IN ,fITNESS WHE~pF, CWCB has executed this quit claim deed and release on this <br />/2-~ dayof Oc~..&~~.q005. <br /> <br />'~ ;;A'H <br /> <br />By: ike Serlet <br />Title: Chief of the Water Supply Planning and Finance Section of the CWCB <br />For Rod Kuharich, Executive Director <br />Colorado Water Conservation Board <br />Department of Natural Resources <br />State of Colorado <br /> <br />/) Thf .foregOing Quit Claim Dr~4 and Rel!a~ was acknowledged <br />U i-rrl2or . ,2005, by IflLdo 'S..1; '--~ f 0/'7 <br />// / <br />_~'.' i'" <br /> <br />Witness my hand and official seal. /' / <br />L[; <br /> <br />before me this 12 day of <br /> <br />J .1 I i70 -l <br />My commission expires: A kil} Lf I vG .Q <br />........ <br /> <br /> <br />My Commission Expires 11/04/2J06 <br />