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CT2015-006 DOT filed
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CT2015-006 DOT filed
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Last modified
7/14/2015 10:55:39 AM
Creation date
7/14/2015 10:54:11 AM
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Loan Projects
Contract/PO #
CT2015-006
C150365
Contractor Name
Santa Maria Reservoir Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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*101448* <br /> 101448 7'7/2015 8:44 AM N1ODDT Linda Pavich <br /> 1 of 2 161 c D$O N$( S$1 M$9) E$( Hinsdale Co <br /> APPENDIX C,AMENDMENT No.1 TO LOAN CONTRACT CT2015-006(C150365) <br /> AMENDMENT TO THE DEED OF TRUST <br /> Date: April 21, 2015 <br /> Grantor (Borrower): Santa Maria Reservoir Company <br /> Beneficiary (Lender): Colorado Water Conservation Board <br /> Date of Deed of Trust: February 7, 2014 <br /> County of Recording ("County"): Hinsdale <br /> Loan Contract: CT2015-006 (C150365) <br /> Promissory Note: $3,677,663.00 at 1.75% per annum for 30 <br /> years <br /> Original Recorded Date of Deed of Trust: March 6, 2014 <br /> Original Deed of Trust Recorded Number: 100665 <br /> This Amendment to the ORIGINAL DEED OF TRUST is between the Grantor and the Public <br /> Trustee of the County, State of Colorado. <br /> The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness <br /> evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the <br /> Beneficiary. <br /> Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect <br /> the revised loan contract total amount. <br /> NOW THEREFORE, the CWCB and Grantor agree that: <br /> 1. This DEED OF TRUST, APPENDIX C t0 AMENDMENT 1 t0 CONTRACT No. CT2015-006 <br /> (C150365) shall supplement and operate in conjunction with the DEED OF TRUST <br /> dated February 7, 2014, attached to the ORIGINAL CONTRACT as APPENDIX 5 and <br /> incorporated herein by reference. <br /> 2. The Grantor has executed a PROMISSORY NOTE, in the amount of $3,677,663.00 to <br /> secure the repayment of the indebtedness, evidenced by LOAN CONTRACT No. <br /> CT2015-006 (C150365) and AMENDMENT No.1 to the ORIGINAL LOAN CONTRACT, t0 <br /> be repaid to the State of Colorado for the use and benefit of the Department of <br /> Natural Resources, Colorado Water Conservation Board ("CWCB") the beneficiary <br /> herein, whose address is 1313 Sherman Street, Room 718, Denver, CO 80203, <br /> payable in annual installments, in accordance with said PROMISSORY NOTE, or until <br /> the loan is paid in full. <br /> 3. In the event of any conflict, inconsistency, variance, or contradiction between the <br /> provisions of this amendment and any of the provisions of the original deed of trust, <br /> the provisions of this amendment shall in all respects supersede, govern, and <br /> control. <br /> 4. Any provisions of the original deed of trust not expressly modified herein remain in <br /> full force and effect. <br /> Appendix C to Amendment No.1 <br /> Page 1 of 2 <br />
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