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PARTIAL RELEASE OF SECURITY AGREEMENT <br />The undersigned does hereby release and discharge a portion of the collateral secured <br />under that certain Security Agreement dated March 24, 1997 from C. R. Evans to the <br />Colorado Water Conservation Board, equal to 1,007 shares of capital stock of the Excelsior <br />Irrigating Company, represented by Certificate No. 5. <br />Executed this ~~~ day of 1998. <br />By <br />State of Colorado <br />Colorado Water Conservation Board <br />~~~. <br />Peter H. Evans, Acting Director <br />Attachment B to Loan Contract C153748 Amendment No. 1 <br />