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APPENDIX B, AMENDMENT No. 1 TO LOAN CONTRACT C150304 <br /> AMENDMENT TO THE SECURITY AGREEMENT <br /> DEBTOR: LOWER LATHAM RESERVOIR, A COLORADO NONPROFIT <br /> CORPORATION <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: MARCH 1,2010 <br /> ORIGINAL PROMISSORY NOTE: $3,811,573.00, INTEREST RATE OF 2.75% PER ANNUM <br /> WITH AN ANNUAL PAYMENT OF $188,232.32 FOR A <br /> PERIOD OF 30 YEARS OR UNTIL PAID IN FULL. <br /> ORIGINAL LOAN CONTRACT: C150304, DATED MARCH 11, 2010 <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount from $3,811,573.00 to$2,417,359.17 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. C150304 <br /> Replacement Promissory Note: Principal Amount is $2,417,359.17, with an annual <br /> loan payment of $119,379.88 for thirty (30) years or <br /> until the loan is paid in full at an interest rate of <br /> 2.75°/x. <br /> Poor tt6 IL-• AO 15 <br /> Date of Amended Security Agreement: 7aiy t , 264k <br /> DEBTOR: LOWER LATHAM RESERVOIR COMPANY.A <br /> COLORADO NONPROFIT CORPORATION <br /> SEAL <br /> B 1,„ t�.�-.� AperivT- <br /> Sig nature/Title <br /> ATTEST: <br /> Date Z /t( <br /> B` % <br /> Signature/Title <br /> Date Z(/1 / /<� <br /> Appendix B to Amendment No.1 <br /> Loan Contract C150304 <br /> Page 1 of 1 <br />