Laserfiche WebLink
APPENDIX B, AMENDMENT No. 1 TO LOAN CONTRACT C150345 <br /> AMENDMENT TO THE SECURITY AGREEMENT <br /> DEBTOR: TWENTY TWO ROAD LATERAL, INC. A COLORADO <br /> NONPROFIT CORPORATION <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: JANUARY 28, 2013 <br /> ORIGINAL PROMISSORY NOTE: $517,848.00, INTEREST RATE OF 2.35% PER ANNUM <br /> WITH AN ANNUAL PAYMENT OF$5,507.30 FOR A PERIOD <br /> OF 30 YEARS OR UNTIL PAID IN FULL. <br /> ORIGINAL LOAN CONTRACT: C150345, DATED JANUARY 30, 2013 <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount from $517,848.00 to $117,609.02 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. C150345 <br /> Replacement Promissory Note: Principal Amount is $117,609.02, with an annual <br /> loan payment of $5,507.30 for thirty (30) years or <br /> until the loan is paid in full at an interest rate of <br /> 2.35%. <br /> Date of Amended Security Agreement: July?7, 2014 <br /> DEBTOR: TWENTY TWO ROAD LATERAL, INC. <br /> SEAL ,Q <br /> By 154g, /! e%1 <br /> Signat re/Title <br /> ATTEST: 2 ZOI'f/ <br /> w T <br /> g • Date <br /> Signature/Title <br /> Date VUle -',� <br /> Appendix B to Amendment No.1 <br /> Loan Contract C150345 <br /> Page 1 of 1 <br />