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<br />AMTD
<br />AM 2 PageCs)
<br />Jefferson County, Colorado
<br />AMENDMENT NO. Z TO DEED OF TRUST
<br />Date:
<br />Grantor (Borrower):
<br />Beneficiary (Lender):
<br />Date of Deed of Trust:
<br />Recording Date of Deed of Trust:
<br />County of Recording ("County"):
<br />Deed of Trust Recording Information:
<br />Loan Contract:
<br />Promissory Note:
<br />October 12, 2006
<br />The Consolidated Mutual Water Company
<br />Colorado Water Conservation Board
<br />April 26, 2000
<br />July 28, 2000, originally recorded on
<br />December 28, 1999
<br />Jefferson
<br />F1090852 (3 pages)
<br />C 150011, dated September 13, 1999,
<br />amended April 26, 2000 and September
<br />21, 2001
<br />$9,110,487.53, 5.10%, 5 Years, dated
<br />October 12, 2006
<br />This Amendment to the Deed of Trust is between the Grantor and the Public
<br />Trustee of the County, State of Colorado.
<br />The Original Deed of Trust was recorded to secure repayment of the
<br />indebtedness evidenced by Loan Contract and Promissory Note between the
<br />Grantor and the Beneficiary.
<br />Based upon the CWCB's deferral of Grantor's annual loan payments for
<br />the years 2007, 2008, 2009, 2010 and 2011, which deferrals resulted in a new
<br />repayment schedule and a different annual payment amount, Grantor and
<br />Beneficiary have agreed to amend the Original Deed of Trust to reflect the
<br />revised annual loan payment amount and repayment schedule.
<br />NOW THEREFORE, the CWCB and Grantor agree that:
<br />1. The second full paragraph of the First Amended Deed of Trust is hereby
<br />amended to read as follows:
<br />The Grantor has executed a Promissory Note dated October 12, 2006, to
<br />secure the repayment of the indebtedness evidenced by Contract No.
<br />C150011, dated September 13, 1999, as amended on April 26, 2000,
<br />September 21, 2001, and October 12, 2006 for the total principal sum of
<br />$9,110,487.53, to be repaid to the State of Colorado for the use and benefit
<br />of the Department of Natural Resources, Colorado Water Conservation
<br />Board ("CWCB") the beneficiary herein, whose address is 1313 Sherman
<br />Street, Room 721, Denver, CO 80203, payable in 5 annual installments, in
<br />accordance with said Promissory Note, or until the loan is paid in full.
<br />2. In the event of any conflict, inconsistency, variance, or contradiction between
<br />the provisions of this amendment and any of the provisions of the original
<br />deed of trust, the provisions of this amendment shall in all respects
<br />supersede, govern, and control.
<br />1' ~
<br />Appendix E to Loan Contract C150011 Amendment No. 3
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