C150288 Contract

• Contract/PO #: C150288
• Contractor Name: Deuel and Snyder Improvement Company
• Contract Type: Loan
• Water District: 0
• County: Morgan
• Loan Projects - Doc Type: Contract Documents

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:
February 14, 2012
Deuel and Snyder Improvement Company
Colorado Water Conservation Board
May 18, 2009
5/18/09, rerecorded 9/28/09
Morgan
855887 (3 pages), rerecorded 857911
C150288, dated May 18, 2009, amended
February 14, 2012
$109,053, 2.5 %, 30 Years, dated February 14,
2012
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 Grantor's need for additional funds to complete construction of the project,
Beneficiary is loaning additional funds to Grantor.
Grantor and Beneficiary have agreed to amend the Original Deed of Trust to reflect the
additional funds reflected in the replacement promissory note.
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 February 14, 2012, to secure the
repayment of the indebtedness evidenced by Contract No. C150288, dated May 18, 2009,
as amended on February 14, 2012 for the total principal sum of $109,053, 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.
3. Any provisions of the original deed of trust not expressly modified herein remain in full force
and effect.
Executed on the date first written above.
GRANTOR: Deuel and Snyder
Improvement Company
(SEAL)
Appendix C to Loan Contract C150288 Amendment No. 1