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SECTION 5—SCHEDULE OF EXISTING DEBT <br /> The Company has $4,055,494 in existing debt made up of eight CWCB loans. <br /> Additionally the Company was recently approved for an emergency loan not to exceed <br /> $477,000, by the CWCB, at the October 2013 Special Board Meeting. These loans are in <br /> good standing and are summarized in the Table below. <br /> EXISTING DEBT <br /> Lender Original Current Annual Maturity Collateral <br /> Balance Balance Payment Date <br /> CWCB (C153833) $500,000 $193,187 $36,889 9/1/2019 Undivided 100% Interest <br /> in North Poudre <br /> Undivided 100% Interest <br /> CWCB (C153385) $1,331,704 $644,667 $77,612 5/1/2024 Fossil Creek Dam and <br /> Reservoir <br /> Undivided 100% Interest <br /> CWCB (C150013) $623,778 $402,651 $46,061 5/1/2024 Fossil Creek Dam and <br /> Reservoir <br /> Undivided 100% Interest <br /> CWCB (C153449) $1,152,909 $631,160 $67,192 5/1/2026 Fossil Creek Dam and <br /> Reservoir <br /> Undivided 100% Interest <br /> CWCB (C150170) $735,280 $561,648 $50,572 2/1/2027 North Poudre Res#1 <br /> (Miner's Lake) <br /> Undivided 100% Interest <br /> CWCB (C153496) $404,502 $253,388 $23,574 5/1/2029 Fossil Creek Dam and <br /> Reservoir <br /> CWCB (C153572) $340,551 $232,000 $19,847 5/1/2031 Undivided 100% Interest <br /> Fossil Creek Dam and <br /> Undivided 100% Interest <br /> CWCB (C153637) $1,761,096 $1,136,793 $64,378 5/1/2035 in North Poudre <br /> Reservoirs#5 &#6 <br /> Fossil Creek Reservoir <br /> CWCB (C150368) $481,770 $481,770 $24,301 10/30/2043 Inlet Diversion Structure <br /> Assessments <br /> Total $4,537,264 $410,426 <br /> SECTION 6 -COLLATERAL <br /> The COLLATERAL provided for this loan, as evidenced by the executed SECURITY <br /> AGREEMENT (Appendix 4) and DEED OF TRUST (APPENDIX 5) and incorporated herein, <br /> Appendix 1 to Loan Contract C150378 <br /> Page 2 of 4 <br />