Laserfiche WebLink
DNR COLORADO <br /> CO Colorado Water <br /> Conservation Board <br /> Department of Natural Resources <br /> 1313 Sherman Street, Room 718 <br /> Denver, CO 80203 <br /> March 24, 2015 <br /> Mr. Wayne Harding <br /> Two Rivers Water and Farming Company <br /> Two Rivers Farms F-2, Inc. <br /> 2000 S. Colorado Blvd. <br /> Annex Building Ste. 420 <br /> Denver, CO 80222 <br /> Re: Partial Release of Collateral <br /> CWCB Loan Contract Number CT2015-164 (C150328A) <br /> Mr. Wayne Harding <br /> This letter is to confirm that Two Rivers Water and Farming Company and Two Rivers Farms F-2, Inc. <br /> (Borrowers) and CWCB agree to amend the Loan Contract referenced above. The CWCB agrees to a <br /> partial release of collateral and will execute and release the portion of real property legally described <br /> as: NWY4 of the SE' of Section 15, Township 22 South, Range 63 West of the 6th P.M., secured by the <br /> Deed of Trust, Appendix 7 to the Original Loan Contract. <br /> The following summarizes our understanding of the steps necessary to process the change: <br /> 1. the Borrowers will provide CWCB with the original Deed of Trust filed with Pueblo County or a <br /> Certified Copy of the Deed of Trust from Pueblo County; and <br /> 2. the Borrowers will make a principal pre-payment of$52,500 to CWCB prior to the release of <br /> the described collateral; and <br /> 3. a service fee of$1,000, for amending the Original Loan Contract, shall be paid by the <br /> Borrowers in accordance with the Contract. This fee may be included with the principal pre- <br /> payment; and <br /> 4. CWCB will reamortize the loan repayment schedule over the remaining term of the loan to <br /> reflect the amended loan balance. This change will appear on the Amendment to Promissory <br /> Note; and <br /> Fco <br /> P 303.866.3441 F 303.866.4474 vaww.cwcb.state.co.us <br /> John W. Hickenlooper, Governor I Mike King, DNR Director I James Eklund,CWCB Director N o <br /> \876 <br />