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C150345 Contract Amendment
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C150345 Contract Amendment
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Last modified
12/19/2014 1:49:43 PM
Creation date
9/3/2014 10:34:32 AM
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Loan Projects
Contract/PO #
CT2015-082
C150345
Contractor Name
Twenty Two Road Lateral, Inc.
Contract Type
Loan
Water District
72
County
Mesa
Loan Projects - Doc Type
Contract Documents
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APPENDIX C, AMENDMENT No.1 TO LOAN CONTRACT C150345 <br /> AMENDMENT TO THE DEED OF TRUST <br /> Date: July24/2014 <br /> Grantor (Borrower): Twenty Two Road Lateral, Inc. a Colorado nonprofit <br /> corporation <br /> Beneficiary (Lender): Colorado Water Conservation Board <br /> Date of Deed of Trust: January 28, 2013 <br /> Recording Date of Deed of Trust: February 22, 2013 <br /> County of Recording ("County"): Mesa County <br /> Deed of Trust Recording Information: #2645333 (3 pages), BK 5435, PG 422 <br /> Loan Contract: C150345 <br /> Promissory Note: $117,609.02, 2.35%, 30 Years <br /> This Amendment to the ORIGINAL DEED OF TRUST is between the Grantor and the Public <br /> Trustee of the County, State of Colorado. <br /> The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness <br /> evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the <br /> Beneficiary. <br /> Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect <br /> the revised term of repayment. <br /> NOW THEREFORE, the CWCB and Grantor agree that: <br /> 1. This DEED OF TRUST, APPENDIX C, AMENDMENT 1 to CONTRACT C150345 shall <br /> supplement and operate in conjunction with the DEED OF TRUST dated January 28, <br /> 2013, 2013, attached to the ORIGINAL CONTRACT as APPENDIX 5 and incorporated <br /> herein by reference. <br /> 2. The Grantor executed a Promissory Note dated January 28, 2013, to secure the <br /> repayment of the indebtedness evidenced by Contract No. C150345 dated January <br /> 30, 2013, as amended with Amendment No. 1 to Loan Contract No. C150345. The <br /> amended Promissory Note, Appendix A, Amendment No. 1 to Loan Contract No. <br /> C150345 with an amended total amount of $117,609.02 is to be repaid to the State <br /> of Colorado for the use and benefit of the Department of Natural Resources, <br /> Colorado Water Conservation Board ("CWCB") the beneficiary herein, whose <br /> address is 1313 Sherman Street, Room 721, Denver, CO 80203, payable in annual <br /> installments, in accordance with said amended Promissory Note, or until the loan is <br /> paid in full. <br /> 3. In the event of any conflict, inconsistency, variance, or contradiction between the <br /> provisions of this amendment and any of the provisions of the original deed of trust, <br /> the provisions of this amendment shall in all respects supersede, govern, and <br /> control. <br /> 4. Any provisions of the original deed of trust not expressly modified herein remain in <br /> full force and effect. <br /> Appendix C, Amendment No.1 <br /> to Loan Contract C150345 <br /> Page 1 of 2 <br />
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