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C150218 Contract
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C150218 Contract
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Last modified
4/10/2015 4:37:18 PM
Creation date
6/28/2007 2:20:47 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C150218
Contractor Name
Hope Ditch Company
Contract Type
Loan
Water District
1
County
Adams
Loan Projects - Doc Type
Contract Documents
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<br />DATE: <br />GRANTOR: <br />BENEFICIARY: <br />COUNTY: <br />PRINCIPAL LOAN AMOUNT: <br />LOAN CONTRACT: <br />TERMS OF REPAYMENT: <br />COLLATERAL: <br /> <br />Deed of Trust <br /> <br />\11 II \11111\\ 11111111\\\1111111111111111111 1111I1111 <br /> <br />20060622000636140 Adams Co 113 <br />0612212006 12:36:55PM $.00 <br />Carol Snyder,Clerk $16.00 <br /> <br />May 4, 2006 <br />HOPE DITCH COMPANY <br />COLORADO WATER CONSERVATION BOARD <br />ADAMS <br />$154,530 <br />Loan Contract No. C150218, dated May 4, 2006 <br />3.75% per annum for 30 years <br />An undivided one-hundred percent interest in the following: <br /> <br />(1 ) <br /> <br />the certain replacement water well permitted by the State <br />of Colorado Division of Water Resources Well Permit No. <br />13593-FR, located in Water Division 1, Water District 2, <br />Designated Basin MD, at the approved well location of <br />SWX NWX Section 1, Township 1 South, Range 68 West, <br />Sixth P.M., Adams County, Colorado, including all related <br />appurtenances, all other structures and fixtures, including <br />water storage tanks and pipe, and any easements, <br />rights-of-way, or other property or property interests held <br />and used in connection with the operation of said <br />replacement water well; and <br /> <br />-1- <br />:J <br />".. <br /> <br />(2) an approximately 8,676.6 square foot parcel of land <br />located on the western 60 feet of the South half of Lot <br />24 in Block 1 of the Wiesner subdivision, Adams <br />County, Colorado. <br /> <br />This indenture is between the Grantor, and the Public Trustee of the above referenced <br />COUNTY, State of Colorado ("PUBLIC TRUSTEE"), <br />F ACTUAL RECITALS <br />1. The GRANTOR has executed a Promissory Note of even date and amount, set forth in the <br />LOAN CONTRACT, for a loan in the PRINCIPAL LOAN AMOUNT to be repaid to the BENEFICIARY, <br />with TERMS OF REPAYMENT and in accordance with the Promissory Note or until loan is paid <br />in full. <br />2. The GRANTOR is desirous of securing payment of the PRINCIPAL LOAN AMOUNT and interest of <br />said Promissory Note to the BENEFICIARY. <br />The GRANTOR, in consideration of the premises and for the purpose aforesaid, does <br />hereby grant, bargain, sell and convey unto the said PUBLIC TRUSTEE in trust forever, the above <br />described COLLATERAL. <br />To have and to hold the same, together with all appurtenances, in trust nevertheless, <br />that in case of default in the payment of said Promissory Note, or any part thereof, or the <br />interest thereon, or in the performance of any covenants hereinafter set forth or in said <br /> <br />Appendix 5 to Loan Contract C150218 . <br />Page 1 of 3 G\.OT-c \t) L~r,-V?-' r' <br />s-to LC~~fL"---"" c.=:r ~\CISa (iJY <br />QD ;'\'-.)<:-.? co .~t""'-2c;6 S <br />f <br />
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