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PROJ02158
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PROJ02158
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Last modified
3/7/2013 3:22:56 PM
Creation date
7/17/2007 2:59:13 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C150163
Contractor Name
New Cache La Poudre Irrigating Company
Contract Type
Loan
Water District
3
County
Weld
Bill Number
04-1221
Loan Projects - Doc Type
Contract Documents
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i <br />`` II II I I II'II II�'Il�� I�'I II'I <br />I I�IIII ��I�� II�I�I IIt� III �I�'ll�� County, O <br />9i 3581946 R 1100 0 D 0.00 Steve Mor no Clerk &Recorder <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 />April 10, 2008 <br />NEW CACHE LA POUDRE IRRIGATING CO. <br />Colorado Water Conservation Board <br />July 1, 2004 <br />October 28, 2004 <br />Weld <br />3231211 (3 pages) <br />C150163, dated June 1, 2004, amended April <br />10, 2008 <br />$7,272,000, 2.5 %, 20 Years, dated April 10, <br />2008 <br />This Amendment to the Deed of Trust is between the Grantor and the Public Trustee of the County, <br />State of Colorado. <br />The Original Deed of Trust was recorded to secure repayment of the indebtedness <br />evidenced by Loan Contract and Promissory Note between the Grantor and the Beneficiary. <br />Grantor requested amending the repayment term from 30 years to 20 years under the <br />Loan Contract, and the Beneficiary has agreed to the Grantor's request. <br />Grantor and Beneficiary have agreed to amend the Original Deed of Trust to reflect the <br />revised repayment term in the new Promissory Note. <br />NOW THEREFORE, the CWCB and Grantor agree that: <br />1. The first factual recital of the Original Deed of Trust is hereby amended to read as follows: <br />The Grantor has executed a Promissory Note dated April 10, 2008, to secure the <br />repayment of the indebtedness evidenced by Contract No. C150163, dated July 1, 2004, <br />as amended on April 10, 2008, for the total principal sum of $7,272,000, to be repaid to the <br />State of Colorado for the use and benefit of the Department of Natural Resources, <br />Colorado Water Conservation Board ( "CWCB") the beneficiary herein, whose address is <br />1313 Sherman Street, Room 721, Denver, CO 80203, payable in 20 annual installments, in <br />accordance with said Promissory Note, or until the loan is paid in full. <br />2. In the event of any conflict, inconsistency, variance, or contradiction between the <br />provisions of this amendment and any of the provisions of the original deed of trust, the <br />provisions of this amendment shall in all respects supersede, govem, and control. <br />3. Any provisions of the original deed of trust not expressly modified herein remain in full <br />force and effect. <br />Executed on the date first written above. <br />GRANTOR: NEW CACHE LA POUDRE IRRIGATING CO. <br />(6EAW <br />A`004ndix C to Loan Contract C15/0163 Amendment No. 1 <br />
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