CT2015-169 Amendment 1

• Contract/PO #: CT2015-169
• Contractor Name: West Reservoir and Ditch Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

APPENDIX C,AMENDMENT N0.1 TO LOAN CONTRACT CT2015-169
AMENDMENT TO DEED OF TRUST
Date: January 31,2017
Grantor(Borrower): West Reservoir and Ditch Company
Beneficiary(Lender): Colorado Water Conservation Board
Lender Address: 1313 Sherman Street, Room 718, Denver,
Colorado, 8o2o3
Date of Original Deed of Trust: March 31, 2015
Recorded Date of Original Deed of Trust: May 4, 2015
County of Recording ("County"): Delta
Deed of Trust Recording Information: Reception Number 680041,3 Pages
Loan Contract Number: Cr2015-169
Promissory Note: $313,o18.19, 2.00%,3oYears,
Annual payment$13,976.24
This Amendment to ORIGINAL DEED OF TRUST is between the Grantor and the Public Trustee
of the County,State of Colorado.
The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness
evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the
Beneficiary.
Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect: an
increase in the total loan amount. The increase of$64,640.00 will revise the loan amount
from 248,378.00 to 313,o18.19.
NOW THEREFORE, the CWCB and Grantor agree that:
1. This AMENDMENT TO DEED OF TRUST, APPENDIX C to AMENDMENT 1 to CONTRACT
CT2015-169 shall supplement and operate in conjunction with the DEED OF TRUST
attached to the ORIGINAL CONTRACT as APPENDIX 5, recorded in Delta County, March
31,2015, Reception Number 68o041,3 Pages and incorporated herein by reference.
2. The Grantor has executed a PROMISSORY NOTE, in the amount of$313,o18.19 to secure
the repayment of the indebtedness, evidenced by LOAN CONTRACT NO. CT2015-169 to
be repaid to the State of Colorado for the use and benefit of the Department of Natural
Resources, Colorado Water Conservation Board ("CWCB") the beneficiary herein,
whose address is 1313 Sherman Street, Room 718, Denver, CO 80203, payable in annual
installments, in accordance with said PROMISSORY NOTE, or until the loan is paid in
full.
3. In the event of any conflict, inconsistency, variance, or contradiction between the
provisions of this amendment and any of the provisions of the original deed of trust,
the provisions of this amendment shall in all respects supersede, govern, and control.
4. Any provisions of the original deed of trust not expressly modified herein remain in
full force and effect.
Appendix C
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