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<br />190591 10/02/2008 09:37AM B: 00978 P: 714 DTAM
<br />Page: 1 of 2 R $11.00 D $0.00 T $11.00
<br />Pamela M. Schneider Clerk & Recorder, Logan County, Co
<br />
<br />1111 ~ ~~~W~~~I~~ ~I~ ~~II~ II" I
<br />
<br />AMENDMENT No'. 1 TO DEED OF TRUST
<br />
<br />Date: April 1, 2008
<br />Grantor (Borrower): The Spring Dale Ditch Co.
<br />Beneficiary (Lender): Colorado Water Conservation Board
<br />Date of Deed of Trust: August 15, 2003
<br />Recording Date of Deed of Trust: August 21, 2003
<br />County of Recording ("County"): Logan
<br />Deed of Trust Recording Information: 659817 (2 pages)
<br />Loan Contract: C150145, dated August 15,2003,
<br />amended April 1, 2008
<br />Promissory Note: $45,325.19, 2.75%, 30 Years, dated
<br />April 1, 2008
<br />
<br />This Amendment to the Deed of Trust is between the Grantor and the Public Trustee of
<br />the County, State of Colorado.
<br />
<br />The Original Deed of Trust was recorded to secure repayment of the
<br />indebtedness evidenced by Loan Contract and Promissory Note between the Grantor
<br />and the Beneficiary.
<br />
<br />The Grantor, which resulted in a different loan amount and a different annual payment amount.
<br />
<br />Grantor and Beneficiary have agreed to amend the Original Deed of Trust to reflect the
<br />revised loan amount and annual payment amount.
<br />
<br />NOW THEREFORE, the CWCB and Grantor agree that:
<br />
<br />1. The second full paragraph of the Original Deed of Trust is hereby amended to read as
<br />follows:
<br />
<br />The Grantor has executed a Promissory Note dated April 1, 2008, to secure the repayment
<br />of the indebtedness evidenced by Contract No. C150145, dated August 15, 2003, as
<br />amended on April 1 , 2008 for the total principal sum of $45,325.19, to be repaid to the State
<br />of Colorado for the use and benefit of the Department of Natural Resources, Colorado
<br />Water Conservation Board ("CWCB") the beneficiary herein, whose address is 1313
<br />Sherman Street, Room 721, Denver, CO 80203, payable in 30 annual installments, in
<br />accordance with said Promissory Note, or until the loan is paid in full.
<br />
<br />2. In the event of any conflict, inconsistency, variance, or contradiction between the provisions
<br />of this amendment and any of the provisions of the original deed of trust, the provisions of
<br />this amendment shall in all respects supersede, govern, and control.
<br />
<br />3. AI1~~QF;9\1~ions of the original deed of trust not expressly modified herein remain in full force
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<br />.)~~tfOfi~J~:.~Jefi.lrst written above.
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<br />j ,,~f,,~~~~\t~,::,;: GRANTOR: The Spring Dale Ditch Co.
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<br />':-.;::~~ij-~r~!;c to Loan Contract C150145 Amendment No.1
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