C150361 Contract

• Contract/PO #: CT2015-059
• Contract/PO #: C150361
• Contractor Name: Lone Cabin Ditch and Reservoir Company
• Contract Type: Loan
• Water District: 40
• County: Delta
• Loan Projects - Doc Type: Contract Documents

APPENDIX C, AMENDMENT No.1 TO LOAN CONTRACT NUMBER
CT2015-059 (C150361)
AMENDMENT TO THE DEED OF TRUST
Date: February 12, 2015
Grantor(Borrower): Lone Cabin Ditch & Reservoir Company
Beneficiary(Lender): Colorado Water Conservation Board
Date of Deed of Trust: April 14, 2014
Recording Date of Deed of Trust: May 15, 2014
County of Recording ("County"): Delta County
Deed of Trust Recording Information: #673519 (2 pages)
Loan Contract: CT2015-059 (C150361)
Promissory Note: $123,447.55, 1.75%, 30 Years
This Amendment to the ORIGINAL 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 the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the
Beneficiary.
Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect
the revised term of repayment.
NOW THEREFORE, the CWCB and Grantor agree that:
1. This AMENDMENT TO DEED OF TRUST, APPENDIX C, AMENDMENT 1 to CONTRACT
CT2015-059 (C150361) shall supplement and operate in conjunction with the DEED
OF TRUST dated April 14, 2014, attached to the ORIGINAL CONTRACT as APPENDIX 5
and incorporated herein by reference, recorded May 15, 2014 at reception number
673519
2. The Grantor executed a Promissory Note dated April 14, 2014, to secure the
repayment of the indebtedness evidenced by Contract No. CT2015-059 (C150361)
dated May 7, 2014, as amended with Amendment No. 1 to Loan Contract No.
CT2015-059 (C150361). The amended Promissory Note, Appendix A, Amendment
No. 1 to Loan Contract No. CT2015-059 (C150361), with an amended total amount
of$123,447.55 is 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 718, Denver,
CO 80203, payable in annual installments, in accordance with said amended
Promissory Note, or until the loan is paid in full.
3. 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.
4. Any provisions of the original deed of trust not expressly modified herein remain in
full force and effect.
Appendix C, Amendment No.1
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