Laserfiche WebLink
APPENDIX B, AMENDMENT No. 1 TO LOAN CONTRACT C150358 <br /> AMENDMENT TO THE SECURITY AGREEMENT <br /> DEBTOR: HENRYLYN IRRIGATION DISTRICT <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: AUGUST 9,2013 <br /> ORIGINAL PROMISSORY NOTE: $2,967,279 DATED AUGUST 9, 2013 INTEREST RATE <br /> OF 1.75% PER ANNUM WITH AN ANNUAL PAYMENT OF <br /> $127,978.02 FOR A PERIOD OF 30 YEARS OR UNTIL <br /> PAID IN FULL. <br /> ORIGINAL LOAN CONTRACT: C150358, DATED SEPTEMBER 18, 2013 <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount from $2,967,279.00.00 to $1,824,204.41 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 Agreement <br /> and all terms, conditions, and provisions thereof, unless specifically modified below, are to <br /> apply to this Amendment as though they were expressly rewritten, incorporated, and included <br /> herein. <br /> Amended Loan Contract: Amendment No. 1 to Loan Contract No. C150358 <br /> Replacement Promissory Note: Principal Amount is $1,824,204.41, with an annual <br /> loan payment of $78,677.49 for thirty (30) years or <br /> until the loan is paid in full at an interest rate of <br /> 1.75%. <br /> Date of Amended Security Agreement: June )b , 2014 <br /> to s � ` , `� DEBTOR: Henrylyn Irrigation District, an irrigation <br /> �t� s`Y1"� L district pursuant to C.R.S. §37-41-101 to <br /> �g §37-41-160 <br /> S. 4—( ' <br /> SEA '' <br /> • Signature/Title <br /> ATTEST:/+ <br /> Date 911 in" (v zt)11/ <br /> By ■ <br /> Signature e e r— <br /> Dat ‘orep 14 7 14 <br /> Appendix B to Amendment No.1 <br /> Loan Contract C150358 <br /> Page 1 of 1 <br />