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11111�111111111111111111111111$ 1111 I III 11�11 11111 og58of 2 <br /> 04/28/2017 01:20 PM RF:$18.00 DF: $0.00 <br /> Boulder County Clerk,CO <br /> APPENDIX C,AMENDMENT Noa TO LOAN CONTRACT CT2015-031 (C150371) <br /> AMENDMENT TO DEED OF TRUST <br /> Date: April 7, 2017 <br /> Grantor(Borrower): Rough and Reay Irrigating Ditch Company <br /> Beneficiary (Lender): Colorado Water Conservation Board <br /> Beneficiary(Lender)Address: 1313 Sherman Street, Room 718, Denver, <br /> Colorado, 80203 <br /> Date of Original Deed of Trust: October 21, 2013 <br /> Recorded Date of Original Deed of Trust: December 27, 2013 <br /> County of Recording ("County"): Boulder <br /> Deed of Trust Recording Information: Reception Number 03359419, 3 Pages <br /> Loan Contract Number: CT2015-031 (C150371) <br /> Promissory Note: $246,850.82,30 years-no payments and zero <br /> interest for the first three years followed by <br /> annual payments of$12,994.11 for 27 years at <br /> the interest rate of 2.70% <br /> This Amendment to ORIGINAL DEED OF TRUST is between the Grantor and the Public Trustee <br /> of the County, State of Colorado. <br /> The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness <br /> evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the <br /> Beneficiary. <br /> Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect: a <br /> decrease in the total loan amount, from$21,843,250.00 to $246,850.82 and hereby amend the <br /> original Security Agreement to document the change of loan amount. <br /> NOW THEREFORE,the CWCB and Grantor agree that: <br /> i. This AMENDMENT TO DEED OF TRUST, APPENDIX C to AMENDMENT 1 to CONTRACT <br /> CT2015-031 shall supplement and operate in conjunction with the DEED OF TRUST <br /> attached to the ORIGINAL CONTRACT as APPENDIX 5, recorded in Boulder County, <br /> December 27, 2013, Reception Number 03359419, 3 Pages and incorporated herein by <br /> reference. <br /> 2. The Grantor has executed a PROMISSORY NOTE, in the amount of$246,850.82 to secure <br /> the repayment of the indebtedness, evidenced by LOAN CONTRACT NO. CT2015-031 to <br /> be repaid to the State of Colorado for the use and benefit of the Department of Natural <br /> Resources, Colorado Water Conservation Board ("CWCB") the beneficiary herein, <br /> whose address is 1313 Sherman Street, Room 718, Denver, CO 80203, payable in annual <br /> installments, in accordance with said PROMISSORY NOTE, or until the loan is paid in <br /> full. <br /> 3. In the event of any conflict, inconsistency, variance, or contradiction between the <br /> provisions of this amendment and any of the provisions of the original deed of trust, <br /> the provisions of this amendment shall in all respects supersede, govern, and control. <br /> 4. Any provisions of the original deed of trust not expressly modified herein remain in <br /> full force and effect. <br /> Appendix C <br /> Page 1 of 2 <br />