C150245 Contract

• Contract/PO #: C150245
• Contractor Name: Lower Poudre Augmentation Company
• Contract Type: Loan
• Water District: 0
• County: Larimer
• County: Weld
• 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
July 16, 2010
Lower Poudre Augmentation Company
Colorado Water Conservation Board
July 24, 2007
February 13, 2008
Larimer
20080008986 (5 pages)
C150245, dated July 24, 2007 and amended
July 16, 2010
$3,560,333, 2.5 %, 30 years, July 16, 2010
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.
Grantor and Beneficiary have agreed to amend the Original Deed of Trust to
$3,560,333 to reflect the revised principal and annual loan payment amount.
NOW THEREFORE, the CWCB and Grantor agree that:
1. The first full paragraph of the Original Deed of Trust is hereby amended to read as
follows:
The Grantor has executed a Promissory Note dated July 16, 2010, to secure the
repayment of the indebtedness evidenced by Contract No. C150245 dated July 24,
2007 and amended July 16, 2010, for the total principal sum of $3,560,333, 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.
Appendix D to Loan Contract C150245 Amendment No. 1