Laserfiche WebLink
� <br />� <br />AMENDMENT NO. 1 TO SECURITY AGREEMENT <br />DEBTOR: WELL AUGMENTATION <br />CENTRAL COLORADO <br />DISTRICT <br />SUBDISTR�CT OF THE <br />WATER CONSERVANCY <br />SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br />DATE OF ORIGINAL SECURITYAGREEMENT: .IUNE 21, 2005 <br />1 <br />2. <br />Original Promissory Note: <br />ORIGINAL LOAN CONTRACT: <br />$20,200,000, June 21, 2005, interest at the <br />rate of 2.5% per annum with annual payment <br />for a period of 30 years or until paid in fuil. <br />C150194, DATED .IUNE 21, 2005, AND AMENDED <br />FEBRUARY13,2008 <br />The Parties have amended the ORi�iNA� LoaN CoNTw�cT and Promissory Note to <br />decrease the loan amount from $20,200,000 to $14,934,611.80 and hereby amend <br />the original Security Agreement to document the change of loan amount. <br />The Parties expressiy agree that this Amendment is supplemental to the Security <br />Agreement and all terms, conditions, and provisions thereof, unless specificaily <br />modified below, are to apply to this Amendment as though they were expressly <br />rewritten, incorporated, and included herein. <br />Amended Loan Contract: C150194, dated May 13, 2011 <br />Replacement Promissory Note: $14,934,611.80, dated May 13, 2011, interest at <br />the rate of 2.5% per annum with annual <br />payments for a period of 30 years or until paid in <br />full <br />Date of Amended Security Agreement: May 13, 2011 <br />DEBTOR: Well Augmentation Subdistrict of the <br />Central Colorado Water Conservancy District <br />SEAL <br />By <br />Gary Herman, President <br />ATTEST: <br />ey ��- o= �.�-- <br />Randy Ray, Secretary <br />Appendix B to Loan Contract C150194 Amendment No. 2 <br />Page 1 of 1 <br />