C150380 Contract

• Contract/PO #: CT2015-020
• Contract/PO #: C150380
• Contractor Name: Consolidated Home Supply Ditch and Reservoir Company
• Contract Type: Loan
• Water District: 4
• County: Larimer
• Loan Projects - Doc Type: Contract Documents

APPENDIX C,AMENDMENT No.1 TO LOAN CONTRACT C150380
AMENDMENT TO THE DEED OF TRUST
Date: August 5, 2014
Grantor(Borrower): Consolidated Home Supply Ditch and Reservoir Company,
a Colorado nonprofit corporation
Beneficiary(Lender): Colorado Water Conservation Board
Date of Deed of Trust: December 10, 2013
Recording Date of Deed of Trust: January 3, 2014
County of Recording ("County"): Larimer County
Deed of Trust Recording Information: #20140000468(3 pages)
Loan Contract: C150380, Amended
Promissory Note: $519,140, 30 YEARS-no payments and zero
interest for the first three years followed by 27
years of amortized payments at the interest rate
of 1.95% per annum
This Amendment to the ORIGINAL DEED OF TRUST is between the Grantor and the Public Trustee of
the County, State of Colorado.
The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness evidenced
by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the Beneficiary.
Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect the revised
loan contract total amount.
NOW THEREFORE, the CWCB and Grantor agree that:
1. This AMENDMENT to the DEED OF TRUST, APPENDIX C, AMENDMENT No. 1 to LOAN CONTRACT
C150380 in the amount of $519,140 shall supplement and operate in conjunction with the
DEED OF TRUST dated December 10, 2013, in the amount of $448,400 attached to the
ORIGINAL CONTRACT as APPENDIX 5 and incorporated herein by reference.
2. The Grantor has executed an amended PROMISSORY NOTE, in the amount of $519,140 to
secure the repayment of the indebtedness, evidenced by LOAN CONTRACT No. C150380,
dated December 18, 2013, and AMENDMENT No.1 To LOAN CONTRACT No. C150380, to be
repaid to the State of Colorado for the use and benefit of the Department of Natural
Resources, Colorado Water Conservation Board ("CWCB") the beneficiary herein, whose
address is 1313 Sherman Street, Room 718, Denver, CO 80203, payable in annual
installments, in accordance with said Promissory Note, or until the loan is paid in full.
3. In the event of any conflict, inconsistency, variance, or contradiction between the provisions
of this amendment and any of the provisions of the original deed of trust, the provisions of
this amendment shall in all respects supersede, govern, and control.
4. Any provisions of the original deed of trust not expressly modified herein remain in full force
and effect.
Appendix C to Amendment No.1
Loan Contract C150380
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