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CT2015-027 Filed DOT Amend 2
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CT2015-027 Filed DOT Amend 2
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Last modified
12/16/2016 4:01:19 PM
Creation date
9/18/2015 9:28:15 AM
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Template:
Loan Projects
Contract/PO #
CT2015-027
C150341
Contractor Name
Pisgah Reservoir and Ditch Company
Contract Type
Loan
County
Teller
Loan Projects - Doc Type
Contract Documents
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6.2379 <br /> Page 1 of' 2 <br /> r,.yastal Brown, Clerk & Recorder <br /> Teller County, Colorado RP $0.00 <br /> 09-08-2015 02:30 PM Recording Fee $16,00 <br /> APPENDIX C-1,AMENDMENT N0.2 TO LOAN CONTRACT CT2015-027(150341) <br /> AMENDMENT TO THE DEED OF TRUST <br /> Date: July 23, 2015 <br /> Grantor (Borrower): Pisgah Reservoir and Ditch Company, a Colorado <br /> SEP 1 7 2015 nonprofit corporation <br /> Beneficiary (Lender): Colorado Water Conservation Board <br /> '`"Dater Date of Deeds of Trust: Original DOT: October 30, 2012, <br /> Board Amended DOT: February 13, 2015 <br /> Recorded Date of Deeds of Trust: Original DOT: January 25, 2013, <br /> Amended DOT: May 5, 2015 <br /> County of Recording ("County"): Teller <br /> Deeds of Trust Recording Information: Original DOT: 659891, 2 pages <br /> Amended DOT: 679218, 2 pages <br /> Loan Contract Number: CT2015-027 (C150341) <br /> Promissory Note: $1,172,261.00 at 1.75% per annum for 30 <br /> years <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-1 to AMENDMENT 2 to CONTRACT No. CT2015-027 <br /> (C150341) shall supplement and operate in conjunction with the ORIGINAL DEED OF <br /> TRUST dated October 30, 2012, attached to the ORIGINAL CONTRACT as APPENDIX 5 <br /> and the AMENDED DEED OF TRUST dated February 13, 2015, attached to AMENDMENT 1 <br /> as APPENDIX A, in the total loan amount of $757,500.00, and incorporated herein by <br /> reference. <br /> 2. The Grantor has executed a PROMISSORY NOTE, in the amount of $1,172,261.00 to <br /> secure the repayment of the indebtedness, evidenced by LOAN CONTRACT No. <br /> CT2015-027 (C150341) as amended by AMENDMENT NO. 1 to the ORIGINAL LOAN <br /> CONTRACT, and AMENDMENT NO. 2 to the ORIGINAL LOAN CONTRACT and to be repaid <br /> to the State of Colorado for the use and benefit of the Department of Natural <br /> Resources, Colorado Water Conservation Board ("CWCB") the beneficiary herein, <br /> whose address is 1313 Sherman Street, Room 718, Denver, CO 80203, payable in <br /> annual installments, in accordance with said PROMISSORY NOTE, or until the loan is <br /> 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 /> Appendix C-1 to Amendment No.2 <br /> Page 1 of 2 <br />
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