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APPENDIX B, AMENDMENT NO. I TO LOAN CONTRACT CT2015-141 (C150360) <br /> AMENDMENT TO THE SECURITY AGREEMENT <br /> DEBTOR: EAST MESA WATER COMPANY <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: JANUARY 17, 2015 <br /> ORIGINAL PROMISSORY NOTE: $555,500.00 DATED JANUARY 17, 2015 <br /> ORIGINAL LOAN CONTRACT: CT2015-141 (C150360), and Amendment No.1 <br /> 1. Pursuant to the Board's approval of a loan increase of $202,000.00 on January 27, 2015, the <br /> total loan amount was increased from a not to exceed amount of$555,500.00 to$757,500.00. <br /> The loan terms shall remain at 30 years at an interest rate of 1.75% per annum. <br /> 2. The Parties expressly agree that this Amendment is supplemental to the original Security <br /> Agreement and all terms, conditions, and provisions thereof, unless specifically modified <br /> below, are to apply to this Amendment as though they were expressly rewritten, incorporated, <br /> and included herein. <br /> Amended Loan Contract: Amendment No. 1 to Loan Contract No. <br /> CT2015-141 (C150360) <br /> Replacement Promissory Note: Total amount of$757,500.00 as of CWCB approval <br /> on January 27, 2015 with an annual payment <br /> amount of$32,670.79 for thirty (30) years or until <br /> the loan is paid in full at an interest rate of 1.75%. <br /> (S E A L) <br /> DEBTOR i' t esa Wa -r Company, a Colorado <br /> nonpr;� fori.ration / <br /> ATTEST: By : ` <br /> By �a � e` Signature <br /> e <br /> Signat Y / <br /> Name /(1) RI /Y .S/c.ttk <br /> Name ,e/e, iea <br /> Title <br /> Title /!e/S c//7 �<S <br /> Date Y/,.i/2#/.c Date 3'd ' /5- <br /> Appendix B to Amendment No.1 <br /> Page 1 of 1 <br />