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C150375 DOT Filed
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C150375 DOT Filed
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Last modified
12/19/2014 2:11:58 PM
Creation date
11/24/2014 1:34:01 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
CT2015-010
C150375
Contractor Name
Consolidated Home Supply Ditch and Reservoir Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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RECEPTION#: 20140065901, 11/17/2014 at <br /> • 11:43:44 AM,1 OF 2, R$16.00 TD Pgs: 0 <br /> Angela Myers, Clerk& Recorder, Larimer <br /> County, CO <br /> APPENDIX C,AMENDMENT No.1 TO LOAN CONTRACT CI 50375 <br /> AMENDMENT TO THE DEED OF TRUST <br /> Date: September/G ,2014 <br /> Grantor(Borrower): Consolidated Home Supply Ditch and Reservoir Company, <br /> a Colorado nonprofit corporation <br /> Beneficiary(Lender): Colorado Water Conservation Board <br /> Date of Deed of Trust November 6,2013 <br /> Recording Date of Deed of Trust January 3, 2014 <br /> County of Recording("Countr). Larimer County <br /> Deed of Trust Recording Information: #20140000469(3 pages) <br /> Loan Contract: C150375,Amended <br /> Promissory Note: $1,858,400, 30 YEARS-no payments and zero <br /> interest for the first three years followed by 27 <br /> years of amortized payments at the interest rate <br /> of 1.95%per annum <br /> This Amendment to the ORIGINAL DEED OF TRUST is between the Grantor and the Public Trustee of <br /> the County,State of Colorado. <br /> The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness evidenced <br /> by the LOAN CoNTRAcT and Pnomissonv NOTE between the Grantor and the Beneficiary. <br /> Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect the revised <br /> loan contract total amount <br /> NOW THEREFORE,the CWCB and Grantor agree that: <br /> 1. This AMENDMENT to the DEED OF TRUST, APPENDIX C, AMENDMENT NO. 1 to LOAN CONTRACT <br /> C150375 in the amount of$1,858,400 shall supplement and operate in conjunction with the <br /> DEED OF TRUST dated November 6, 2013, in the amount of $1,616,000 attached to the <br /> ORIGINAL CONTRACT as APPENDIX 5 and incorporated herein by reference. <br /> 2. The Grantor has executed an AMENDED PROMISSORY NOTE, in the amount of$1,858,400 to <br /> secure the repayment of the indebtedness, evidenced by LOAN CONTRACT No C150375 and <br /> AMENDMENT No.1 TO LOAN CogrpAcT No C150375,to be repaid to the State of Colorado for <br /> the use and benefit of the Department of Natural Resources, Colorado Water Conservation <br /> Board ("CWCB") the beneficiary herein, whose address is 1313 Sherman Street, Room 718, <br /> Denver, CO 80203, payable in annual installments in accordance with said Promissory Note, <br /> or until the loan is paid in full. <br /> 3, In the event of any conflict, inconsistency, variance, or contradiction between the provisions <br /> of this amendment and any of the provisions of the original deed of trust, the provisions of <br /> this amendment shall in all respects supersede,govern,and control. <br /> 4. Any provisions of the original deed of trust not expressly modified herein remain in full force <br /> and effect. <br /> Appendix C to Amendment No.1 <br /> Loan Contract C150375 <br /> Page 1 of 2 <br /> COLORADO WATER CONSERVATION BOARD <br /> 1313 SHERMAN ST#718 <br /> DENVER,CO 80203 <br />
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