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 Deed of Trust
Date:
Grantor (Borrower):
Beneficiary (Lender):
Date of Deed of Trust:
Recording Date of Deed of Trust:
County of Recording ( "County "):
Deed of Trust Recording Information:
Loan Contract:
Promissory Note
May 9, 2011
Stagestop Owners Association
Colorado Water Conservation Board
August 22, 2010
September 27, 2010
Park
674059 (3 pages)
C150310, dated August 22, 2010 and
amended May 9, 2011
$114,241.35, 4.25 %, 20 years, May 9, 2011
This Amendment to the 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 Loan Contract and Promissory Note between the Grantor
and the Beneficiary.
The Debtor did not borrow the full amount available under the Loan Contract,
and the principal amount of the loan has been reduced.
Grantor and Beneficiary have agreed to amend the Original Deed of Trust to
$114,241.35 to reflect the revised principal and annual loan payment amount.
NOW THEREFORE, the CWCB and Grantor agree that:
1. The first full paragraph of the Original Deed of Trust is hereby amended to read as
follows:
The Grantor has executed a Promissory Note dated May 9, 2011, to secure the
repayment of the indebtedness evidenced by Contract No. C150310 dated August
22, 2010 and amended May 9, 2011, for the total principal sum of $114,241.35, 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 721, Denver, CO 80203,
payable in 20 annual installments, in accordance with said Promissory Note, or until
the loan is paid in full.
2. 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.
3. Any provisions of the original deed of trust not expressly modified herein remain in
full force and effect.
Appendix C to Loan Contract C150310 Amendment No.1
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