CT2015-027 Amendment 4

• Contract/PO #: CT2015-027
• Contractor Name: Pisgah Reservoir and Ditch Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

APPENDIX C-3,AMENDMENT No.4 TO LOAN CONTRACT CT2015-027(150341)
AMENDMENT TO THE DEED OF TRUST
Date: March 16, 2017
Grantor(Borrower): Pisgah Reservoir and Ditch Company, a Colorado nonprofit
corporation
Beneficiary (Lender): Colorado Water Conservation Board
Recorded Dates of Previous Deeds of Trust: Original DOT: January 25, 2013,
Amendment No. 1 DOT: May 5, 2015
Amendment No. 2 DOT: September 8, 2015
Amendment No. 3 DOT: February 24, 2016
Deeds of Trust Recording Information: Original DOT: 659891, 2 pages
Amendment No. 1 DOT: 679218, 2 pages
Amendment No. 2 DOT: 682379, 2 pages
Amendment No. 3 DOT: 686176, 2 pages
County of Recording ("County"): Teller
Loan Contract Number: CT2015-027 (C150341)
Promissory Note: $990,176.11 at 1.75% per annum for 30 years
This Amendment to the 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 a change
to collateral.
NOW THEREFORE, the CWCB and Grantor agree that:
1. This DEED OF TRUST, Appendix C-3 to Amendment No. 4 to CONTRACT No. CT2015-027
(C150341) shall supplement and operate in conjunction with the Original Deed of Trust
attached to the Original Contract as Appendix 5, the Amended Deed of Trust, Appendix C
to Contract Amendment No. 1, the Amended Deed of Trust, Appendix C-1 to Contract
Amendment No. 2, and the Amended Deed of Trust, Appendix C-2 to Contract
Amendment No. 3. All incorporated herein by reference.
2. The Grantor has executed a PROMISSORY NOTE, in the amount of$990,176.11 to
secure the repayment of the indebtedness, evidenced by LOAN CONTRACT No.
CT2015-027 (C150341), as amended by AMENDMENT No. 1 to the ORIGINAL LOAN
CONTRACT, AMENDMENT No.2 to the ORIGINAL LOAN CONTRACT,AMENDMENT NO. 3 to the
ORIGINAL LOAN CONTRACT and AMENDMENT NO. 4 to the ORIGINAL LOAN CONTRACT and
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-3 to Amendment No. 4
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