|
�
<br />---- a wPA�E �JOCUlVIE�fT
<br />RFC�� ;�N #. 2558699. BK S�f09 PG 509 t�1;05;20t 1 at
<br />10:��4.33 AM, t OF 2 R$15.00 S�1.00
<br />Sheda Re!ner, Mesa Cuunty. CO CLcRK AM1lD
<br />RECORDER
<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, 2010
<br />Bull Creek Reservoir Canal & Power Company
<br />Colorado Water Conservation Board
<br />September 21, 2009
<br />November 9, 2009
<br />Mesa
<br />2512062, BK 4939, PG 645, 4 pages
<br />C150240, dated June 18, 2007, amended
<br />September 21, 2009, December 1, 2010
<br />$1,801,630, 2.5%, 30 Years, dated December
<br />1, 2010
<br />This Amendment to the Deed of Trust is between the Grantor and the Public Trustee of the
<br />County, State of Colorado.
<br />The Original Deed of Trust was recorded to secure repayment of the indebtednsss
<br />evidenced by Loan Contract and Promissory Note between the Grantor and the Beneficiary.
<br />Based upon increased costs for construction of the project, Grantor is borrowing
<br />addition funds from the Beneficiary and a new promissory note has been issued to reflect the
<br />new loan amount.
<br />Grantor and Beneficiary have agreed to amend the Original Deed of Trust to reflect the
<br />revised loan amount.
<br />NOW THEREFORE, the CWCB and Grantor agree that:
<br />The second 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, 2010, to secure the
<br />repayment of the indebtedness evidenced by Contract No. C150240, dated June 18, 2007,
<br />as amended on September 21, 2009, and on December 1, 2010 for the total principal sum
<br />of $1,801,630, 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") the
<br />beneficiary herein, whose address is 1313 Sherman Street, Room 721, Denver, CO 80203,
<br />payable in 30 annual installments, in accordance with said Promissory Note, or until the loan
<br />is paid in full.
<br />2. In the event of any conflict, inconsistency, variance, or contradiction between the provisions
<br />of this amendment and any of the provisions of the original deed of trust, the provisions of
<br />this amendment shall in all respects supersede, govem, and control.
<br />3. Any provisions of the original deed of trust not expressly modified herein remain in full force
<br />and effect.
<br />Executed on the date first written above.
<br />G�NTOR: Bull Creek Reservoir Canal 8� Power
<br />Appendix D1 to Loan Contract C150240 Amendment No. 2
<br />
|