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<br />R $11.00
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<br />2006138393 AMTD
<br />11/21/2006 08:50:40 AM 2 Page(s)
<br />Jefferson County, Colorado
<br />AMENDMENT NO.2 TO DE:ED OF TRUST.
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<br />Date: October 12, 2006
<br />Grantor (Borrower): The Consolidated Mutual Water Company
<br />Beneficiary (Lender): Colorado Water Conservation Board
<br />Date of Deed of Trust: April 26, 2000
<br />Recording Date of Deed of Trust: July 28, :2000, originally recorded on
<br />December 28,1999
<br />. County of Recording ("County"): Jefferson
<br />Deed of Trust Recording Information: F10908Ei2 (3 pages)
<br />Loan Contract: C 15001'1, dated September 13, 19~~9,
<br />amended April 26, 2000 and September
<br />21,2001
<br />Promissory Note: $9,110,487.53,5.10%,5 Years, dated
<br />October 12,2006
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<br />This Amendment to the Deed of Trust is betwE~en the Grantor and the Public
<br />Trustee of the County, State of Colorado.
<br />
<br />The Original Deed of Trust was reCOrdE:ld to secure repayment of the
<br />indebtedness evidenced by Loan Contract and Promissory Note between the
<br />Grantor and the Beneficiary.
<br />
<br />Based upon the CWCB's deferral of Grantor's annual loan payments for
<br />the years 2007, 2008, 2009, 2010 and 2011, which deferrals resulted in a new
<br />repayment schedule and a different annual !payment amount, Grantor and
<br />Beneficiary have agreed to amend the Origin;al Deed of Trust to reflect the
<br />revised annual loan payment amount and repayment schedule.
<br />
<br />NOW THEREFORE, the CWCB and Grantor agree that:
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<br />1. The second full paragraph of the First Amended Deed of Trust is hereby
<br />amended to read as follows:
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<br />The Grantor has executed a Promissory Note dated October 12, 2006, to
<br />secure the repayment of the indebtedness evidenced by Contract No.
<br />C150011, dated September 13, 1999, as amended on April 26, 2000,
<br />September 21, 2001, and October 12, 2006 for the total principal sum of
<br />$9,110,487.53, to be repaid to the State of Colorado for the use and benefit
<br />of the Department of Natural Resources, Colorado Water Conservation
<br />Board ("CWCB") the beneficiary herein, whose address is 1313 Sherman
<br />Street, Room 721, Denver, CO 80203, payable in 5 annual installments, in
<br />accordance with said Promissory Note, or until the loan is paid in full.
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<br />2. In the event of any conflict, inconsistency, variance, or contradiction between
<br />the provisions of this amendment and any of the provisions of the original
<br />deed of trust, the provisions of this amendment shall in all respects
<br />supersede, govern, and control.
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<br />Appendix E to Loan Contract C150011 Amendment No.3
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