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CT2015-141 Contract Amend 2
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CT2015-141 Contract Amend 2
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Last modified
12/18/2015 3:53:49 PM
Creation date
2/3/2015 7:42:17 AM
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Loan Projects
Contract/PO #
CT2015-141
C150360
Contractor Name
East Mesa Water Company
Contract Type
Loan
Water District
38
County
Pitkin
Loan Projects - Doc Type
Contract Documents
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APPENDIX B-I,AMENDMENT NO.2 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 /> PROMISSORY NOTES: ORIGINAL DATED JANUARY 17, 2015 FOR$555,500, <br /> AMENDMENT NO.1 DATED MARCH 2, 2015 FOR <br /> $757,500,AMENDMENT No.2 DECREASING PRINCIPAL <br /> AMOUNT TO $367,418.42 <br /> LOAN CONTRACT NUMBER: CT2015-141 (C150360) <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount from $757,500.00 to $367,418.42 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 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. 2 to Loan Contract No. <br /> CT2015-141 (C150360) <br /> Replacement Promissory Note: Total amount of$367,418.42 with an annual <br /> payment amount of$15,846.67 for thirty (30) years <br /> or until the loan is paid in full, at an interest rate of <br /> 1.75%. <br /> (S E A L) <br /> DEBTOR: Mesa Wat-. Company, a Colorado <br /> nonprril• =ton / <br /> ATTEST: By Atawrij <br /> By. <br /> Signature <br /> Sig"7/.a /e- c <br /> ture <br /> Name M a c dor 4-/-k <br /> Name /e/rw..942> /277A/7pe <br /> .-- <br /> Title •11.-31tA9,1-31— <br /> Title, cirEe777.4- If - <br /> Date_97/2442211 Date 7 Is <br /> Appendix B-1 to Amendment <br /> No. 2 <br /> Page 1 of 1 <br />
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