C150230 Contract

• Contract/PO #: C150230
• Contractor Name: Lincoln Park Crooked Ditch Company
• Contract Type: Loan
• Water District: 12
• County: Fremont
• Loan Projects - Doc Type: Contract Documents

RECEPTION#: 858615.
12/29!2008 at 03:33:35 PM, 1 OF 2, R $11.00
NORMA HATFIELD, CLERK AND RECORDER
FREMONT COUNTY, CO
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:
August 1, 2008
Lincoln Park Crooked Ditch Company
Colorado Water Conservation Board
October 27, 2006
November 20, 2006
Fremont
829506 (3 pages)
C150230, dated October 27, 2006, amended
August 1, 2008
$804,685.61, 3.25%, 30 years, dated August
1, 2008
This Amendment to the Deed of Trust is between the Grantor and the Public Trustee of
the County, State of Colorado.
The Original Deed of Trust was recorded to secure repayment of the
indebtedness evidenced by Loan Contract and Promissory Note between 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
$804,685.61 to reflect the revised principal and annual loan payment amount.
NOW THEREFORE, the CWCB and Grantor agree that:
1. The second full paragraph of the Original Deed of Trust is hereby amended to read
as follows:
The Grantor has executed a Promissory Note dated August 1, 2008, to secure the
repayment of the indebtedness evidenced by Contract No. C150230 dated October
27, 2006, as amended on August 1, 2008, for the total principal sum of
$804,685.61, 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 between 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.
Appendix C to Loan Contract C150230 Amendment No. 1