Laserfiche WebLink
AMENDMENT N0.1 TO SECURITY AGREEMENT <br />DEBTOR: <br />SECURED PARTY: <br />SOUTH SIDE RESERVOIR COMPANY <br />COLORADO WATER CONSERVATION BOARD <br />DATE OF ORIGINAL SECURITYAGREEMENT: MARCH 1, 2003 <br />Original Promissory Note <br />ORIGINAL LOAN CONTRACT: <br />$363, 300, March 1, 2003, interest at the <br />rate of 3.1 % per annum with annual <br />payment for a period of 30 years or until <br />paid in full. <br />C 150130 DATED MARCH 1 2003 <br />1. The Parties have amended the ORiGiNa� LoaN CoNrRacr and Promissory Note <br />to decrease the loan amount from $363,300 to $161,217.05 and hereby amend <br />the original Security Agreement to document the change of loan amount. <br />2. The Parties expressly agree that this Amendment is supplemental to the Security <br />Agreement and all terms, conditions, and provisions thereof, unless specifically <br />modified below, are to apply to this Amendment as though they were expressly <br />rewritten, incorporated, and included herein. <br />Amended Loan Contract: C150130, dated December 15, 2009 <br />Replacement Promissory Note: $161,217.05, dated December 15, 2009, <br />interest at the rate of 3.1 % per annum <br />with annual payments for a period of 30 <br />years or until paid in full <br />Date of Amended Security Agreement: <br />� F 0 I <br />December 15, 2009 <br />DEBTOR: South Side Reservoir Company <br />i1 <br />�L�.� -ir � �" <br />Gale Bernhardt, President <br />Appendix B to Loan Contract C150130 Amendment No. 1 <br />Page 1 of 1 <br />