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570087 AMDDT 04/05/2010 01:16:22 PM <br />Page: 1 of 2 R 11,00 D 0.00 T 11.00 <br />Carol Tullis Clerk/Recorder, Montezuma County, Co <br />�iii k�� � Ncr���+��,�i�a�«��.i�ti������� ��r iy��, n���,«�ti ���� �i ii i <br />Amendment No. 1 to Deed of Trust <br />Date: <br />Grantor (Borrower): <br />Beneficiary (Lender): <br />Date of Deed of Trust: <br />Recording Date of Deed of Trust: <br />County of Recording ("County"): <br />Deed of Trust Recording Information: <br />Loan Contract: <br />Promissory Note: <br />January 1, 2010 <br />Veits Pipeline Company <br />Colorado Water Conservation Board <br />December 20, 2005 <br />April 28, 2006 <br />Montezuma <br />539924 (2 pages) <br />C150205, dated December 20, 2005 <br />and amended January 1, 2010 <br />$218,732.47, 2.5%, 30 years, January 1, <br />2010 <br />This Amendment to the Deed of Trust is between the Grantor and the Public <br />Trustee of the County, State of Colorado. <br />The Original Deed of Trust was recorded to secure repayment of the <br />indebtedness evidenced by Loan Contract and Promissory Note between the <br />Grantor and the Beneficiary. <br />Based upon a principal payment made by Grantor from funds delivered <br />from the United Stated Department of Agriculture, the principal amount of the <br />loan has been reduced. <br />Furthermore, Grantor has changed its legal name from Number Six Ditch <br />Company to Veits Pipeline Company. <br />Grantor and Beneficiary have agreed to amend the Original Deed of Trust <br />to reflect the revised principal amount and annual loan payment amount, and to <br />reflect the name change of the Grantor. <br />NOW THEREFORE, the CWCB and Grantor agree that: <br />1. The name of the Grantor in the Original Deed of Trust is hereby amended to <br />read: Veits Pipeline Company. <br />2. The first full paragraph of the Original Deed of Trust is hereby amended to <br />read as follows: <br />The Grantor has executed a Promissory Note dated January 1, 2010, to <br />secure the repayment of the indebtedness evidenced by Contract No. <br />C150205 dated December 20, 2005 and amended January 1, 2010, for the <br />total principal sum of $218,732.47, to be repaid to the State of Colorado for <br />the use and benefit of the Department of Natural Resources, Colorado Water <br />Conservation Board ("CWCB") the beneficiary herein, whose address is 1313 <br />Sherman Street, Room 721, Denver, CO 80203, payable in 30 annual <br />Appendix C to Loan Contract C150205 Amendment No. 1 <br />Page 1 of 2 <br />