C150156 contract doc

• Contract/PO #: C150156
• Contractor Name: Arkansas Groundwater Users Association
• Contract Type: Loan
• Water District: 14
• County: Pueblo
• Loan Projects - Doc Type: Contract Documents

1834356 TD 03/01/2010 11:00:03 AM
Pa 1 of 2 R 11.00 D 0.00 T 11.00
Gilbert Ortiz C1erklRecorder, Pueblo County Co
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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:
January 1, 2010
Arkansas Groundwater Users Association
Colorado Water Conservation Board
November 1, 2003
January 1, 2004
Pueblo
1546950 (2 pages)
C150156, dated November 1, 2003, amended
October 1, 2006, January 1, 2010
$950,632.97, 2.5%, 30 Years, dated January
1, 2010
This Amendment to the Deed of Trust is befinreen 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 the project construction finishing under the estimated cost, Grantor did not
borrow the full loan amount.
Grantor and Beneficiary have agreed to amend the Original Deed of Trust to reflect the
revised loan amount.
NOW THEREFORE, the CWCB and Grantor agree that:
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 January 1, 2010, to secure the
repayment of the indebtedness evidenced by Contract No. C150156, dated November 1,
2003, as amended on October 1, 2008, on January 1, 2010 for the total principal sum of
$950,632.97 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 untit 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 C to Loan Contract C150156 Amendment No. 2