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APPENDIX B,AMENDMENT No. 1 TO LOAN CONTRACT CT2015-059(C150361) <br /> AMENDMENT TO THE SECURITY AGREEMENT <br /> DEBTOR: LONE CABIN DITCH&RESERVOIR COMPANY,A <br /> COLORADO NONPROFIT CORPORATION <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: APRIL 14,2014 <br /> ORIGINAL PROMISSORY NOTE: $252,803.00 DATED APRIL 14, 2014 WITH AN <br /> INTEREST RATE OF 1.75% PER ANNUM WITH AN <br /> ANNUAL PAYMENT OF$10,903.33 FOR A PERIOD OF <br /> 30 YEARS OR UNTIL PAID IN FULL. <br /> ORIGINAL LOAN CONTRACT: CT2015-059(C150361) <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount from $252,803.00 to $123,447.55 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. <br /> CT2015-059 (C150361) <br /> Replacement Promissory Note: Principal Amount is $123,447.55, with an annual <br /> loan payment of $5,324.26 for 30 years or until the <br /> loan is paid in full at an interest rate of 1.75%. <br /> DEBTOR: <br /> LONE CABIN DITCH&RESERVOIR COMPANY,A <br /> COLORADO NONPROFIT CORPORATION <br /> (S E A L) <br /> By <br /> . il/62Sc(14- <br /> Signature/Title <br /> ATT -T: <br /> LA-t WikAq BA (C'k" <br /> Signature/Title <br /> Date 1 .Zl\S <br /> Appendix B to Amendment No.1 <br /> Page 1 of 1 <br />