CT2015-051 DOT's

• Contract/PO #: CT2015-051
• Contract/PO #: C150338
• Contractor Name: Eckhardt Farms, Inc.
• Contract Type: Loan
• County: Weld
• Loan Projects - Doc Type: Contract Documents

Appendix C1, Amendment No. 1
Loan Contract CT2015-051 (C150338)
Amendment to Deed of Trust
DATE: May 4, 2015
GRANTOR: ECKHARDT FARMS, INC.
BENEFICIARY: COLORADO WATER CONSERVATION BOARD
DATE OF DEED OF TRUST: NOVEMBER 13,2012 RECORDED DATE OF DEED OF TRUST:JANUARY 31,2013
COUNTY OF RECORDING: WELD
RECORDING NUMBER: 3906910(2 PAGES)
LOAN CONTRACT: LOAN CONTRACT No. CT2015-051 (C150338)
PROMISSORY NOTE: $1,336,230, 1.75% per annum for 30 years
COLLATERAL: An undivided one-hundred percent (100%) interest in WATER RIGHTS consisting of
Certificate No. 1191 for eight and one half(8-1/2)shares, Certificate Number
1193 for five (5) shares, and Certificate No. 1194 for two and seventeen-
thirtieths (2-17/30) shares of Farmer's Independent Ditch Company decreed
in Case Number CA6009, per Amendment No.1 to Loan Contract CT2015-051
(C150338), the AMENDMENT'S attached APPENDICES and the DEBTOR'S
RESOLUTION (APPENDIX E), dated April 14, 2015.
This Amendment to ORIGINAL DEED OF TRUST is between the Grantor and the Public
Trustee of the County, State of Colorado.
The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness evidenced by the LOAN
CONTRACT and PROMISSORY NOTE between the Grantor and the Beneficiary.
Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect the change of pledged
collateral.
NOW THEREFORE, the CWCB and Grantor agree that:
1. This AMENDMENT TO DEED OF TRUST, APPENDIX C, AMENDMENT 1 to CONTRACT CT2015-051 shall replace
and supersede the DEED OF TRUST dated November 13, 2012, attached to the ORIGINAL CONTRACT as
APPENDIX 4a and incorporated herein by reference, recorded January 31, 2013, reception number 3906910
(County filing number).
2. The Grantor executed a Promissory Note dated November 13, 2012, to secure the repayment of the
indebtedness evidenced by Loan Contract No. CT2015-051 (dated December 12, 2013) be repaid to the
State of Colorado for the use and benefit of the Department of Natural Resources, Colorado Water
Conservation Board ("CWCB") the beneficiary herein, whose address is 1313 Sherman Street, Room 718,
Denver, CO 80203, payable in annual installments, in accordance with said original Promissory Note, or
until the loan is paid in full.
3. In the event of any conflict, inconsistency, variance, or contradiction between the provisions of this
amendment and any of the provisions of the original deed of trust, the provisions of this amendment shall in
all respects supersede, govern, and control.
4. Any provisions of the original deed of trust not expressly modified herein remain in full force and effect.
4109597 Pages: 1 of 2
05/22/2015 03:36 PM R Fee:$16.00
Carly Koppes, Clerk and Recorder Weld County, CO
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