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APPENDIX A, AMENDMENT Nt). i TO LOAN C�NTRACT CTzoi�-i66 <br />AM�NDMENT TO PROMISSARY NOTE <br />Date: �ebr��.�,, Zoi� <br />Borrower: San Luis Va(ley Water Conservancy District, acting by and <br />through its water ackivity enterprise <br />To�al Loan Amount: �1,�3�574•50 <br />inter�st Rate: 2.50% per annum <br />Term of Repayment: 3o years or until loan is paid in full <br />Loan Cvntract No.; Cr'ZaiS-i66 <br />I.,oan I'ayment: �g3,68i.74 <br />Payment Initiafiion Date*: �%G,,< l Z�/,1' <br />(To be filled�in at S�bsiintial C�mpje�jan of praiect) <br />Maturity Date'�: %'lr� e� � , �. C� `�,,�_ <br />iTfl be �� �e�i� RS,2u�2Starilid� Completio o F�rviect} <br />` Payment Initiacion Date and Maturity Date fields are fllled in nfter the project has been substantially completed. <br />FOft VALUG RECENED, the Ba�ov++�tt promises ta pay the Calorada Water Conservation <br />Board ("CWCB"), the Principal Amaunt plus Interesi for the Term c�f Repaymenfi, pursuant <br />to the Lt�� Cot�TRACr and this promissory note. <br />i. This Arnendment ta Promissory Note repiaces and supersedes the Pramissory Note <br />attached to the ariginal cantract dated March i9, aai5, in the amount of �839,000.oa <br />a. Principal and interest sha11 be payahle in equal Laan Faymer�ts, with the first payment <br />due arcd paya6le ane year from Payment Initiarion Date, and annually thereafter. All <br />principal, interest, and late charges, if any, then remaining unpaici shall be due and <br />payab�e on flr before the Maturity Date. <br />3. Payments shall be made ta the Colorado Water Conserrradon �oard at i3i3 Sherman <br />Street, Room �$, Denver, Colarado $oza3. <br />q. The CWCB may impose a late charge in the amaunt aF �°lo of the annual payment if the <br />CWCB daes not receive the annuai payment within is calendar days afthe due date. <br />�. This Note may be prepaid in who7e or in part at any tirne withaut premium or penaity. <br />Any partial prepayment shall not poskpone the du� date of any subsequent payments or <br />change the amount of such payments. <br />6. All payments received shatl be applied first to late charges, if any, next t� accrued <br />Appendix A <br />Page i of ? <br />