RECEPTION#20170021544, 4/4/2017 9:29:06 AM,
<br /> . 1 of 2, $18.00
<br /> Angela Myers, Clerk& Recorder, Larimer County, CO
<br /> APPENDIX C-1,AMENDMENT NO.2,TO LOAN CONTRACT CT2015-010
<br /> AMENDMENT TO DEED OF TRUST
<br /> Date: March 14, 2017
<br /> Grantor (Borrower): Consolidated Home Supply Ditch and Reservoir Co.
<br /> Beneficiary(Lender): Colorado Water Conservation Board
<br /> Beneficiary(Lender)Address: 1313 Sherman Street, Room 718, Denver,
<br /> Colorado,80203
<br /> Recorded Dates of Previous Deeds of Trust: Original:January 3, 2014,
<br /> Amendment No. 1:November 17, 2014
<br /> Deeds of Trust Recording Information: Original: Reception Number 20140000469
<br /> Amendment No. 1: 201400o65901
<br /> County of Recording ("County"): Larimer
<br /> Loan Contract Number: CT2015-010
<br /> Promissory Note: $1,745,603.68, 30 years-no payments and
<br /> zero interest for the first three years followed
<br /> by annual payments of$83772.39 for 27
<br /> years at the interest rate of 1.95%
<br /> This AMENDMENT NO. 2 to the ORIGINAL DEED OF TRUST (attached to the Original Contract)
<br /> and the AMENDED DEED OF TRUST (attached to Contract Amendment No. 1) is between the
<br /> Grantor and the Public Trustee of the County, State of Colorado.
<br /> The ORIGINAL DEED OF TRUST (attached to the Original Contract) and the AMENDED DEED
<br /> OF TRUST, (attached to Contract Amendment No. 1) were recorded to secure repayment of
<br /> the indebtedness evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the
<br /> Grantor and the Beneficiary.
<br /> Grantor and Beneficiary have agreed to amend the DEEDS OF TRUST to reflect a decrease in
<br /> the total loan amount, from $1,858,400.00 to$1,745,603.68.
<br /> NOW THEREFORE,the CWCB and Grantor agree that:
<br /> 1. This AMENDMENT TO DEED OF TRUST, APPENDIX C-1, AMENDMENT NO. 2 to CONTRACT
<br /> NUMBER CT2015-010 shall supplement and operate in conjunction with the DEEDS OF
<br /> TRUST recorded in Larimer County, January 3, 2014, Reception Number 20140000469
<br /> and November 17, 2o14, Reception Number 2o14000659o1, both incorporated herein by
<br /> reference.
<br /> 2. The Grantor has executed a PROMISSORY NOTE, in the amount of $1,745,603.68 to
<br /> secure the repayment of the indebtedness, evidenced by LOAN CONTRACT NO. CT2015-
<br /> olo to be repaid to the State of Colorado for the use and benefit of the Department of
<br /> Natural Resources, Colorado Water Conservation Board ("CWCB") the beneficiary
<br /> herein, whose address is 1313 Sherman Street, Room 718, Denver, CO 80203, payable in
<br /> annual installments, in accordance with said PROMISSORY NOTE, or until the loan is
<br /> paid in full.
<br /> COLORADO WATER CONSERVATION DISTRICT
<br /> Appendix C-><
<br /> 1313 SHERMAN ST#718 Page i of 2
<br /> DENVER, CO 80203 0-f an15"0
<br />
|