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APPENDLK$,AMENDMENT Noa To LOAN CoNTRACT CT2oi5-oi8 <br /> AMENDMENT TO SECURITY AGREEMENT <br /> DEBTOR: Beeman Irrigating Ditch and Milling Company <br /> SECURED PARTY: Colorado Water Conservation Board <br /> REVISED LOAN AMOUNT: $858,494.35 <br /> TERM OF REPAYMENT: 30 years-no payments and zero interest for the first three <br /> years followed by annual payments of$40,i6g.63 for 27 <br /> years at the interest rate of 1.75% <br /> LOAN CONTRACT NUMBER: CT2015-o18 <br /> i. The Parties have amended the Original Loan Contract and Promissory Note to decrease the loan <br /> amount from $2,ozo,000.00 to $858,494.35, and hereby amend the original.Security Agreement to <br /> document the change of loan amount. <br /> 2. The Parties expressly agree that this Amendment to Security Agreement is supplemental to the <br /> Security Agreement and all terms, conditions, and provisions thereof, unless specifically modified <br /> below, are to apply to this Amendment to Security Agreement as though they were expressly <br /> rewritten,incorporated,and included herein. <br /> 3. Collateral for the loan remains the,same. <br /> DEBTOR: BEEMAN IRRIGATING DITCH AND MILLING <br /> COMPANY <br /> (SEAL) <br /> By <br /> Si _ature/Title <br /> ,ATTEST: <br /> Sewe�a�� Date— <br /> AMlay <br /> Signature/Title <br /> Date-94g ( <br /> � o <br /> Page i of i <br />