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C150270 contract docs
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C150270 contract docs
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Last modified
6/8/2011 12:52:40 PM
Creation date
7/8/2010 11:54:10 AM
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Loan Projects
Contract/PO #
C150270
Contractor Name
Headgate 135 Lateral, Inc.
Contract Type
Loan
Water District
0
County
Mesa
Loan Projects - Doc Type
Contract Documents
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AMENDMENT N0.1 TO SECURITY AGREEMENT <br />DEBTOR: <br />SECURED PARTY: <br />HEADGATE 135 LATERAL, INC. <br />COLORADO WATER CONSERVATION BOARD <br />DATE OF ORIGINAL SECURITY AGREEMENT: SEPTEMBER 15, 2008 <br />Original Promissory Note: <br />ORIGINAL LOAN CONTRACT: <br />$262,600, September 15, 2008, interest at the <br />rate of 3.5% per annum with annual payment <br />for a period of 30 years or until paid in full. <br />C150270, DATED SEPTEMBER 15, 2008 <br />1. The Parties have amended the ORi�iNa� LoArv CoNTwacT and Promissory Note to <br />decrease the loan amount from $262,600 to $92,061.99 and hereby amend the <br />origina� Security Agreement to document the change of loan amount. <br />2. The Parties expressly agree that this Amendment is supplemental to the Security <br />Agreement and all terms, conditions, and provisions thereof, unless specifically <br />modified below, are to apply to this Amendment as though they were expressly <br />rewritten, incorporated, and included herein. <br />Amended Loan Contract: C150270, dated December 1, 2009 <br />Replacement Promissory Note: $92,061.99, dated December 1, 2009, interest <br />at the rate of 3.5%o per annum with annual <br />payments for a period of 30 years or until paid in <br />full <br />Date of Amended Security Agreement: December 1, 2009 <br />DEBTOR: Headgate 135 Lateral, Inc. <br />� <br />SEAL � <br />B �� C� <br />Y <br />Gordon Barker, President <br />ATTEST: <br />� <br />B (:t. �- Y. <br />Carolyn Bak Secretary-Treasurer <br />Appendix B to Loan Contract C150270 Amendment No. 1 <br />Page 1 of 1 <br />
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