Laserfiche WebLink
SECURITY AGREEMENT AMENDMENT NO. 1 <br />DEBTOR: Orchard Mesa Irrigation District acting by <br />and through the Mutual Mesa Lateral <br />Enterprise <br />SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br />DATE OF ORIGINAL SECURITY AGREEMENT: OCTOBER 30, 1996 <br />Original Promissory Note: $871,000 dated December 2, 1996 <br />(Paragraph A.9, Promissory Note <br />Provisions, contained in Original <br />Contract), Interest at the rate of 4% per <br />annum with annual payment for a period <br />of 30 years or until paid in full. <br />ORIGINAL LOAN CONTRACT: C153 D DECEMBER 2, 1996 <br />1. The Parties have amended the ORI V ' TRA nd Promissory Note <br />to decrease the loan amount from $8 1 qj to . 3 d hereby amend <br />the original Security Agreement to docum a f loan amount. <br />2. The Parties expressly agree that is supplemental to the <br />Security Agreement and all terms, iiitions, and provisions thereof, unless <br />specifically modified below, are to apply to this Amendment as though they <br />were expressly rewritten, incorporated, and included herein. <br />Amended Loan Contract: C153723, dated December 2, 1996, <br />amended May 1, 2005 <br />Replacement Promissory Note: $469,813.04, dated May 1, 2005, interest <br />at the rate of 4% per annum with annual <br />payments for a period of 30 years or until <br />paid in full <br />Date of Amended Security Agreement: May 1, 2005 <br />DEBTOR: Orchard Mesa Irrigation <br />District acting by and through the <br />Mutual Mesa Lateral Enterprise <br />SEAL <br />Larry Full , PresidentATTEST: <br />By <br />Norman Friend, Secretary <br />Appendix 2 to C153723 Amendment No. 1 <br />