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APPENDIX B,AMENDMENT No. 1 TO LOAN CONTRACT CT2016-1987 <br /> AMENDMENT TO SECURITY AGREEMENT <br /> DEBTOR: FORT LYON CANAL COMPANY,A MUTUAL DITCH <br /> COMPANY AND NONPROFIT CORPORATION <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: OCTOBER 14,2015 <br /> ORIGINAL PROMISSORY NOTE: $1,629,130.00 DATED OCTOBER 14,2015 AT THE <br /> INTEREST RATE OF 1.75%FOR 30 YEARS OR UNTIL PAID <br /> IN FULL <br /> Loan Contract Number. CT2016-1987,dated November 4, 2015 <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount by $86,833.90, from $1,629,130.00.00 to $1,542,296.10, and hereby amend <br /> the original Security Agreement to document the change of loan amount. <br /> 2. The Parties expressly agree that this Amendment is supplemental to the Security Agreement <br /> and all terms, conditions, and provisions thereof, unless specifically modified below, are to <br /> apply to this Amendment as though they were expressly rewritten, incorporated, and included <br /> herein. <br /> AMENDED LOAN CONTRACT: AMENDMENT NO.1 TO LOAN CONTRACT No. <br /> CT2016-1987 <br /> Replacement Promissory Note: Total Loan Amount is $1,542,296.10, with an <br /> annual loan payment of$70,263.98, at an interest <br /> rate of 1.75%, for 28 years or until the loan is <br /> paid in full. <br /> • <br /> )E DEBTOR: FORT LYON CANAL COMPANY,A MUTUAL <br /> 18 97 DITCH COMPANY AND NONPROFIT CORPORATION <br /> (SEAL) <br /> By /, , President <br /> Signature/Title <br /> ATTEST: <br /> Date June 8, 2016 <br /> By �( J.- / �Lr: secretary <br /> Signature/Title <br /> Date June 8, 2016 <br /> Appendix B to Amendment 1 <br /> Page 1 of 1 <br />