PROJC01885 ‎(2)‎

• Contract/PO #: C150258
• Contractor Name: Lower Arkansas Water Management Association
• Contract Type: Loan
• Water District: 67
• County: Bent
• County: Prowers
• Loan Projects - Doc Type: Contract Documents

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20080320 4/3/20088:30 AM Patti Nickell
lof3 DT RS16.00 DSO.OO Bent County Clerk

Deed of Trust

January 29, 2008
LOWER ARKANSAS WATER MANAGEMENT ASSOCIATION
COLORADO WATER CONSERVATION BOARD
BENT & PROWERS
$2,493,722
Loan Contract No. C150258, dated January 29,2008
2.30% per annum for 30 years
An undivided 40.5% interest in (1) the four and one-half cubic
feet per second (4.5 cfs) of a total of nine cubic feet per second
(9 cfs) decreed to the Keesee Ditch by the Bent County District
Court on July 1, 1895 in the original adjudication proceedings in
Water District No. 67 as Priority No. 1 with an appropriation date
of March 13, 1871. Two and one-quarter cubic feet per second
(2.25 cfs) of a total of four and one-half cubic feet per second
(4.5 cfs) decreed to the Keesee Ditch by the Bent County District
Court on July 1, 1895 in the original adjudication proceedings in
Water District No. 67 as Priority No. 4 with an appropriation date
of December 31, 1883. Seven and one-half cubic feet per
second (7.5 cfs) of a total of fifteen cubic feet per second (15 cfs)
decreed to the Keesee Ditch by the Bent County District Court
on October 14, 1918 in a supplemental adjudication proceeding
in Water District No. 67, with an appropriation date of September
3, 1893, and (2) One-half (1/2) of Grantor's right, title and
interest, including contract rights, to the Keesee storage account
in John Martin Reservoir arising under the 1980 Operating Plan,
for John Martin Reservoir, which plan was adopted as a
Resolution of the Arkansas River Compact Commission on April
24, 1980 and amended on May 10, 1984 and December 11,
1984. Under the Operating Plan, the Keesee storage account is
allotted 2.30% of the Colorado Water District No. 67 ditches'
entitled to conservation storage in the reservoir.

This indenture is between the Grantor, and the Public Trustee of the above referenced
COUNTY, State of Colorado ("PUBLIC TRUSTEE"),
FACTUAL RECITALS
1. The GRANTOR has executed a Promissory Note of even date and amount, set forth in the
LOAN CONTRACT, for a loan in the PRINCIPAL LOAN AMOUNT to be repaid to the BENEFICIARY,
with TERMS OF REPAYMENT and in accordance with the Promissory Note or until loan is paid
in full.
2. The GRANTOR is desirous of securing payment of the PRINCIPAL LOAN AMOUNT and interest of
said Promissory Note to the BENEFICIARY.

The GRANTOR, in consideration of the premises and for the purpose aforesaid, does

DATE:
GRANTOR:
BENEFICIARY:
COUNTY:
PRINCIPAL LOAN AMOUNT:
LOAN CONTRACT:
TERMS OF REPAYMENT:
COLLATERAL:

Appendix 5 to Loan Contract C150258
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