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CT2015-164 Amend1 Contract
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CT2015-164 Amend1 Contract
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Last modified
9/24/2015 12:24:24 PM
Creation date
9/23/2015 11:01:48 AM
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Loan Projects
Contract/PO #
CT2015-164
C150328
C150328A
Contractor Name
Two Rivers Water and Farming Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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6) MODIFICATIONS. <br /> The ORIGINAL CONTRACT No. CT2015-164 (C150328A) is modified as follows: <br /> a) Execute a DEED OF TRUST, which shall bE APPENDIX A, AMENDMENT No. 1, LOAN CONTRACT NO. <br /> CT2015-164 (C150328A). This DEED OF TRUST shall replace the ORIGINAL DEED OF TRUST, <br /> APPENDIX 7 and shall supplement and operate in conjunction with APPENDICES 5 AND 6, of the <br /> ORIGINAL CONTRACT. <br /> b) Replace the language in Section 6, COLLATERAL, of the PROJECT SUMMARY, APPENDIX 1 to the <br /> ORIGINAL CONTRACT, with the following language: <br /> The Collateral provided for this loan, as evidenced by the executed Deeds of Trust, in the <br /> form attached as APPENDICES 5 and 6 of the ORIGINAL CONTRACT and Appendix A, to <br /> AMENDMENT No. 1, LOAN CONTRACT CT2015-164 (C150328A), and incorporated herein, shall <br /> be a first position lien on the water rights for Orlando Reservoir#2, the Orlando Reservoir#2 <br /> itself, and Parcels 2-5, as more particularly described in the Deeds of Trust ("COLLATERAL"). <br /> 7) ATTORNEY OPINION LETTER <br /> Prior to the execution of this Amendment by the CWCB, the BORROWERS shall submit to the CWCB a <br /> letter from its attorney stating that it is the attorney's opinion that (1) the person(s) signing for the <br /> BORROWERS was duly elected or appointed and has authority to sign such documents on behalf of the <br /> BORROWERS and to bind the BORROWERS; (2) there are no provisions in the any state or local law that <br /> prevent this Amendment from binding the BORROWERS; and (3) this Amendment will be valid and <br /> binding against the BORROWERS if entered into by the CWCB. <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 /> [THE REST OF THIS PAGE INTENTIONALLY LEFT BLANK] <br /> Page 2 of 3 <br />
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