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6/11/20+5, State.co.us Executive Branch Mail-RE:FW:CWCB Loan Contract Amendment No.CT2015-164(C150328A)
<br /> • •
<br /> STATE OF
<br /> COLORADO Mason - -- - -
<br /> EMAIL FROM BORROWER
<br /> REGARDING OWNERSHIP
<br /> RE: FW: CWCB Loan Contract Amendment No. CT21 5/20/15
<br /> 1 message
<br /> Nicole Nies <nnies @hcnwf-law.com> Wed, May 20, 2015 at 3:19 PM
<br /> To: "Mason - DNR, Peg" <peg.mason @state.co.us>
<br /> Cc: John McKowen <JMcKowen @2riverswater.com>, Olivia Skari <oskari@2riverswater.com>, Teresa Staples
<br /> <tstaples @hcnwf-law.com>, Wayne Harding <WHarding @2riverswater.com>, Anna Mauss
<br /> <anna.mauss@state.co.us>
<br /> Peg,
<br /> After further review of the title, deeds, etc. it appears that TRWC, Inc. never did own the property. I
<br /> noted that in a subsequent email to you (see attached). So, we don't need to reference TRWC, Inc. as
<br /> a previous owner of the property. Please use the attached email for clarification on the parties to the
<br /> loan contract amendment and deeds of trust related thereto.
<br /> Thanks, Nicole
<br /> From: Mason - DNR, Peg [mailto:peg.mason @state.co.us]
<br /> Sent: Wednesday, May 20, 2015 2:34 PM
<br /> To: Nicole Nies
<br /> Cc:John McKowen; Olivia Skari;Teresa Staples; Wayne Harding; Anna Mauss
<br /> Subject: Re: FW: CWCB Loan Contract Amendment No. CT2015-154 (C150328A)
<br /> Nicole-
<br /> Before we revise the amendment for this loan contract, I need to discuss some issues with you and Wayne. The
<br /> Quitclaim Deed is dated April 30, 2015. The original loan contract, executed in 2012 states, in Section A,
<br /> Paragraph 10, Page 4, the following:
<br /> Collateral During Loan Repayment. The BORROWER shall not sell, convey, assign, grant, transfer,
<br /> mortgage, pledge, encumber, or otherwise dispose of the COLLATERAL or the PLEDGED PROPERTY so long as any of
<br /> the principal, accrued interest, and late charges, if any, on this loan remain unpaid, without the prior written
<br /> concurrence of the CWCB. In the event of any such sale, transfer or encumbrance without the CWCB's
<br /> written concurrence, the CWCB may at any time thereafter declare all outstanding principal, interest, and late
<br /> charges, if any, on this loan immediately due and payable.
<br /> CWCB does not have evidence of written concurrence. Please send the documentation you obtained, to me,
<br /> for verification.
<br /> The email sent to me from Wayne that included the contract issues, as stated by you, included the following:
<br /> Grantor should be reflected as Two Rivers Water& Farming Company and Two Rivers Farm F-2, Inc. (as
<br /> hops://mai I.google.com/mail/u/1/?ui=2&ik=30a2528dad&view=pt&q=wharding%402riverswater.com&qs=true&search=query&th=14d7331 cb5978416&siml=14... 1/5
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