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<br />Amendment No. 1 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 />December 1, 2009
<br />Headgate 135 Lateral, Inc.
<br />Colorado Water Conservation Board
<br />September 15, 2008
<br />December 26, 2008
<br />Mesa
<br />2469906 (3 pages)
<br />C150270, dated September 15, 2008 and
<br />amended December 1, 2009
<br />$92,061.99, 3.5%, 30 years, December 1, 2009
<br />This Amendment to the Deed of Trust is befinreen the Grantor and the Public Trustee of
<br />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 Grantor
<br />and the Beneficiary.
<br />Based upon a principal payment made by Grantor from funds delivered from the
<br />United Stated Department of Agriculture, the principal amount of the loan has been
<br />reduced.
<br />Grantor and Beneficiary have agreed to amend the Original Deed of Trust to
<br />$92,061.99 to reflect the revised principal and annual loan payment amount.
<br />NOW THEREFORE, the CWCB and Grantor agree that:
<br />1. The first full paragraph of the Original Deed of Trust is hereby amended to read as
<br />follows:
<br />The Grantor has executed a Promissory Note dated December 1, 2009, to secure
<br />the repayment of the indebtedness evidenced by Contract No. C150270 dated
<br />September 15, 2008 and amended December 1, 2009, for the total principal sum of
<br />$92,061.99, to be repaid to the State of Colorado for the use and benefit of the
<br />Department of Natural Resources, Colorado Water Conservation Board ("CWCB")
<br />the beneficiary herein, whose address is 1313 Sherman Street, Room 721, Denver,
<br />CO 80203, payable in 30 annual installments, in accordance with said Promissory
<br />Note, or until the loan is paid in full.
<br />2. In the event of any conflict, inconsistency, variance, or contradiction between the
<br />provisions of this amendment and any of the provisions of the original deed of trust,
<br />the provisions of this amendment shall in all respects supersede, govern, and
<br />control.
<br />3. Any provisions of the original deed of trust not expressly modified herein remain in
<br />full force and effect.
<br />Appendix C to Loan Contract C150270 Amendment No. 1
<br />Page 1 of 2
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