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I. AMENDMENT TO THE PROMISSORY NOTE, APPENDIX A-1, AMENDMENT NO 2 TO LOAN
<br /> CONTRACT No. CT2015-027 (C150341), in the amount of $1,172,261.00 and incorporated
<br /> herein, which shall replace and supersede the ORIGINAL PROMISSORY NOTE dated
<br /> November 7, 2012, and the AMENDED PROMISSORY NOTE, Appendix A, Amendment No 1 to
<br /> the ORIGINAL CONTRACT, dated February 13, 2015 .
<br /> II. AMENDMENT TO THE SECURITY AGREEMENT, Appendix B-1 AMENDMENT No 2 TO LOAN
<br /> CONTRACT No CT 2015-027 (C150341), in the amount of$1,172,261.00 and incorporated
<br /> herein, which shall supplement and operate in conjunction with the ORIGINAL SECURITY
<br /> AGREEMENT, dated November 7, 2012, and the AMENDED SECURITY AGREEMENT, Appendix
<br /> B, Amendment No. 1 to the ORIGINAL CONTRACT, dated February 13, 2015.
<br /> III. AMENDMENT TO THE DEED OF TRUST, APPENDIX C-1, AMENDMENT No. 2 TO LOAN CONTRACT
<br /> No. CT2015-027(C150341), in the amount of$1,172,261.00 and incorporated herein, which
<br /> shall supplement and operate in conjunction the ORIGINAL DEED OF TRUST, dated October
<br /> 30, 2012 and the AMENDED DEED OF TRUST, Appendix C, Amendment No 1 to the ORIGINAL
<br /> CONTRACT, dated February 13, 2015 .
<br /> IV. The BORROWER has adopted a resolution, irrepealable for the term of this loan, authorizing
<br /> the BORROWER to enter into this contract amendment to borrow the ADDITIONAL LOAN
<br /> AMOUNT, to establish and collect assessments sufficient to pay the annual loan payments,
<br /> to pledge said assessments for repayment of the loan, and to execute documents
<br /> necessary to convey a security interest in said assessments and collateral, if necessary, to
<br /> the CWCB. Said resolution is labeled and attached as APPENDIX D.
<br /> V. Prior to the execution of this Amendment by the CWCB, the BORROWER shall submit to
<br /> the CWCB a letter from its attorney stating that it is the attorney's opinion that (1) the
<br /> person(s) signing for the BORROWER was duly elected or appointed and has authority to
<br /> sign such documents on behalf of the BORROWER and to bind the BORROWER; (2) the
<br /> BORROWER'S governing body has validly adopted a resolution approving this Amendment;
<br /> (3) there are no provisions in the any state or local law that prevent this Amendment from
<br /> binding the BORROWER; and (4) this Amendment will be valid and binding against the
<br /> BORROWER if entered into by the CWCB.
<br /> 7) EFFECTIVE DATE OF AMENDMENT
<br /> The effective date hereof is upon approval of the State Controller or their delegate.
<br /> 8) ORDER OF PRECEDENCE
<br /> Except for the Special Provisions, in the event of any conflict, inconsistency, variance, or contradiction
<br /> between the provisions of this AMENDMENT and any of the provisions of the ORIGINAL CONTRACT, the
<br /> provisions of this AMENDMENT shall in all respects supersede, govern, and control. The most recent
<br /> version of the Special Provisions incorporated into the ORIGINAL CONTRACT or any amendment shall
<br /> always control other provisions in the ORIGINAL CONTRACT or any amendments.
<br /> 9) AVAILABLE FUNDS
<br /> Financial obligations of the state payable after the current fiscal year are contingent upon funds for
<br /> that purpose being appropriated, budgeted, or otherwise made available.
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<br /> Amendment No.2
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