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CT2015-031 Amendment 1
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CT2015-031 Amendment 1
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Last modified
9/4/2020 1:02:48 AM
Creation date
4/27/2017 2:43:46 PM
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Loan Projects
Contract/PO #
CT2015-031
Contractor Name
Rough and Ready Irrigating Ditch Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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APPENDIX B,AMENDMENT Noa To IAAN CONTRACT CT2015-OY(C150371) <br /> AMENDMENT TO SECURmAGREEMENT <br /> DEBTOR: Rough and Ready Irrigating Ditch Company. <br /> SECURED PARTY: Colorado Water Conservation Board <br /> REVISED LOAN AMOUNT: $24.6,850.82 <br /> TERM OF REPAYMENT: 30 years-no payments and zero interest for the first three <br /> years followed by annual payments of$12,994.0 for 27 <br /> years at the interest rate of 2.70% <br /> LOAN CONTRACT NUMBER. CT2015-031 (C150371) <br /> i. The Parties have amended the Original Loan Contract and Promissory Neste to decrease the loan <br /> amount from $1,843,250.00 to $246,850.82, 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: ROUGH AND READY IRRIGATING DITCH <br /> COMPANY <br /> {SEAL <br /> By _ <br /> Signaturef itle <br /> Date <br /> By <br /> Signa, re/Title <br /> Date t <br /> Appendix B <br /> Page i of i <br />
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