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From.CITV OF LAMAR 7193364404 11 /06/2014 12.54 #449 P.005/006 <br /> APPENDIX B,AMENDMENT No. 1 TO LOAN CONTRACT C150367 <br /> AMENDMENT TO THE SECURITY AGREEMENT <br /> DEBTOR: CITY OF LAMAR,A HOME RULE MUNICIPALITY, <br /> ACTING BY AND THROUGH ITS WATER ACTIVITY <br /> ENTERPRISE <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: OCTOBER 7,2013 <br /> ORIGINAL PROMISSORY NOTE: $792,850 DATED OCTOBER 7, 2013, AT AN INTEREST <br /> RATE OF 2.25% PER ANNUM WITH AN ANNUAL <br /> PAYMENT OF $36,629.15 FOR A PERIOD OF 30 YEARS <br /> OR UNTIL PAID IN FULL. <br /> ORIGINAL LOAN CONTRACT: C150367, DATED FEBRUARY 5, 2014 <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount from $792,850.00 to $616,993.65 and hereby amend the original Security <br /> 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. 0150367 <br /> Replacement Promissory Note: Principal Amount is $616,993.65, with an annual <br /> loan payment of$28,504.70 for 30 years or until the <br /> loan is paid in full at an interest rate of 2.25%. <br /> DEBTOR:City of Lamar, a Home Rule Municipality, <br /> -A acting by and through its Water Activity Enterprise <br /> S . A SFq( <br /> '7�F By <br /> O O Signature/Title <br /> ATTES . cOLORP'' <br /> � Date f I //CM <br /> By , . ,I,/ C' 4 <br /> Signature/Title <br /> Date ( l//01/1" <br /> Appendix B to Amendment No.1 <br /> Loan Contract C150367 <br /> Page 1 of 1 <br />