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� <br />AMENDMENT NO. 1 TO SECURITY AGREEMENT <br />DEBTOR: RAYMOND DAIRY, INC. <br />SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br />DATE OF ORIGINAL SECURITY AGREEMENT: OCTOBER 28, 2009 <br />Original Promissory Note: <br />ORIGINAL LOAN CONTRACT: <br />$95,950, October 28, 2009, interest at the rate <br />of 2.50% per annum with annual payment for a <br />period of 20 years or until paid in full. <br />C150300, DATED OCTOBER 28, 2009 <br />1. The Parties have amended the ORi�inw� Loatv CoNTRacT and Promissory Note to <br />decrease the loan amount from $95,950 to $59,105 and hereby amend the original <br />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 />Arnended Loan Contract: C150300, dated May 9, 2011 <br />Replacement Promissory Note: $59,105, dated May 9, 2011, interest at the rate <br />of 2.50% per annum with annual payments for a <br />period of 20 years or until paid in full <br />Date of Amended Security Agreement: May 9, 2011 <br />DEBTOR: Raymond Dairy, Inc. <br />SEAL /� <br />By ��r <br />Robert H. R mond, President <br />ATf EST: <br />, <br />By <br />Helen I. Raymond, Se tarylTreasurer <br />Appendix B to Loan Contract C150300 Amendment No. 1 <br />Page 1 of 1 <br />