C150207 Contract & Amend 1

• Contract/PO #: C150207
• Contractor Name: East Mancos Highline Ditch Company
• Contract Type: Loan
• Water District: 0
• County: Montezuma
• Loan Projects - Doc Type: Contract Documents

571207 AMDDT 06/10/2010 10:55:52 AM
Page: 1 of 2 R 11.00 D 0.00 T 11.00
Carol Tullis Clerk/Recorder, Montezuma County, Co
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Amendment No. 1 to Deed of Trust
Date:
Grantor (Borrower):
Beneficiary (Lender):
Date of Deed of Trust:
Recording Date of Deed of Trust:
County of Recording ("County"):
Deed of Trust Recording Information:
Loan Contract:
Promissory Note:
April 19, 2010
East Mancos Highline Ditch Company
Colorado Water Conservation Board
February 15, 2007
April 12, 2007
Montezuma
547788 (2 pages)
C150207, dated February 15, 2007 and
amended April 19, 2010
$223,404.53, 2.5%, 30 years, April 19, 2010
This Amendment to the Deed of Trust is befinreen the Grantor and the Public Trustee of
the County, State of Colorada
The Original Deed of Trust was recorded to secure repayment of the
indebtedness evidenced by Loan Contract and Promissory Note befinreen the Grantor
and the Beneficiary.
Based upon a principal payment made by Grantor from funds delivered from the
United Stated Department of Agriculture, the principal amount of the loan has been
reduced.
Grantor and Beneficiary have agreed to amend the Original Deed of Trust to
$223,404.53 to reflect the revised principal and annual loan payment amount.
NOW THEREFORE, the CWCB and Grantor agree that:
1. The first full paragraph of the Original Deed of Trust is hereby amended to read as
follows:
The Grantor has executed a Promissory Note dated April 19, 2010, to secure the
repayment of the indebtedness evidenced by Contract No. C150207 dated February
15, 2007 and amended April 19, 2010, for the total principal sum of $223,404.53, to
be repaid to the State of Colorado for the use and benefit of the Department of
Natural Resources, Colorado Water Conservation Board ("CWCB") the beneficiary
herein, whose address is 1313 Sherman Street, Room 721, Denver, CO 80203,
payable in 30 annual installments, in accordance with said Promissory Note, or until
the loan is paid in fulL
2. In the event of any conflict, inconsistency, variance, or contradiction befinreen the
provisions of this amendment and any of the provisions of the original deed of trust,
the provisions of this amendment shall in all respects supersede, govern, and
control.
3. Any provisions of the original deed of trust not expressly modified herein remain in
full force and effect.
Appendix C to Loan Contract C150207 Amendment No. 1
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