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6/11/2Q15. State.co.us Executive Branch Mail-RE:FW:CWCB Loan Contract Amendment No.CT2015-164(C150328A) <br /> Rivers Water Company (whSis now known as Two Rivers Waterkarming Company—see <br /> Entity Summary). <br /> ISSUE: When the CWCB deed of trust was recorded, there was a mistake in that TRWC, Inc. was <br /> not in title to the property at that point— it was Two Rivers Water Company (now known as Two <br /> Rivers Water & Farming Company). <br /> RESOLUTION: The two entities that now own the Pueblo property that was supposed to be <br /> encumbered by the CWCB deed of trust (which entities are now Two Rivers Water & Farming <br /> Company and GrowCo, Inc.) need to grant to CWCB two deeds of trust (one from each entity) to <br /> encumber that Pueblo Property. In connection with the loan modification, CWCB will provide a <br /> partial release with respect to the deed of trust granted by GrowCo, Inc. <br /> I understand you will be revising the loan amendment document to include GrowCo, Inc. As stated <br /> above, you will also need to prepare two new deeds of trust. Please let me know if you need any <br /> guidance on the appropriate legal descriptions for each of those deeds of trust. <br /> Please let me know if you have any questions with respect to the forgoing. <br /> Thanks, Nicole <br /> From: Mason - DNR, Peg [mailto:peg.mason @state.co.us] <br /> Sent:Wednesday, May 13, 2015 3:16 PM <br /> To: Wayne Harding <br /> Cc:John McKowen; Olivia Skari; Nicole Nies;Teresa Staples <br /> Subject: Re: FW: CWCB Loan Contract Amendment No. CT2015-164 (C150328A) <br /> Wayne- <br /> Please see attached. <br /> Thank you, <br /> Peg Mason <br /> Contracts Manager <br /> DNR COLORADO <br /> Co j Cod W <br /> Conselorarvo ation ater Board <br /> Department of Natural Resources <br /> Office:303-866-3441 ext.3227 <br /> https://mai I.google.com/mail/u/1/?ui=2&ik=30a2528dad&view=pt&q=whardi ng%402riversweter.com&qs=true&search=query&th=14d7331 cb5978416&siml=14... 3/5 <br />