C150310 Contract

• Contract/PO #: C150310
• Contractor Name: Stagestop Owners Association
• Contract Type: Loan
• Water District: 23
• County: Park
• Loan Projects - Doc Type: Contract Documents

AMENDMENT NO. 1 TO SECURITY AGREEMENT
DEBTOR: STAGESTOP OWNERS ASSOCIATION
SECURED PARTY: COLORADO WATER CONSERVATION BOARD
DATE OF ORIGINAL SECURITY AGREEMENT: AUGUST 22, 2010
Original Promissory Note: $192,708, August 22, 2010, interest at the rate
of 4.25% per annum with annual payment for a
period of 20 years or until paid in full.
ORIGINAL LOAN CoNTRAcT: C150310, DATED AUGUST 22, 2010
1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to
decrease the loan amount from $192,708 to $114,241.35 and hereby amend the
original Security Agreement to document the change of loan amount.
2. The Parties expressly agree that this Amendment is supplemental to the Security
Agreement and all terms, conditions, and provisions thereof, unless specifically
modified below, are to apply to this Amendment as though they were expressly
rewritten, incorporated, and included herein.
Amended Loan Contract: C150310, dated May 9, 2011
Replacement Promissory Note: $114,241.35, dated May 9, 2011, interest at the
rate of 4.25% per annum with annual payments
for a period of 20 years or until paid in full
Date of Amended Security Agreement: May 9, 2011
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KATHERINE A. RAZUM
NOTARY PUBLIC
S TATE OF COLORADO
My Commission Expires 09/17/201 a
ATTEST:
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DEBTOR: Stagestop Owners
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Appendix B to Loan Contract C150310 Amendment No.1
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