CT2015-151 Amendment No. 1 Deed of Trust

• Contract/PO #: CT2015-151
• Contractor Name: Louden Irrigating Canal and Reservoir Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

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APPENDIX C,AMENDMENT NO.1 TO LOAN CONTRACT CT2015-151
AMENDMENT TO DEED OF TRUST o
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Date: May 5, 2016 �o' N
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Grantor(Borrower): Louden Irrigating Canal and Reservoir Company m rn
Beneficiary(Lender): Colorado Water Conservation Board Cn
Address: 1313 Sherman Street,Room 718,Denver,
Colorado,80203
Date of Original Deed of Trust: December 5,2014 0
Recorded Date of Original Deed of Trust: February 18, 2015 nNi
County of Recording("County"): Larimer n >
Deed of Trust Recording Information: #20150oo8985(3 Pages) O
Loan Contract Number: CT2015-151
Promissory Note: $126,250.00,2.70%,3oYears,
Annual payment$6,193.93
This Amendment to 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 the revised
loan contract total amount of$126,250.00.
NOW THEREFORE,the CWCB and Grantor agree that:
i. This AMENDMENT TO DEED OF TRUST, APPENDIX C to AMENDMENT NO. 1 to CONTRACT CT2015-151
shall supplement and operate in conjunction with the DEED OF TRUST attached to the ORIGINAL
CONTRACT as APPENDIX 5 and incorporated herein by reference, recorded February 18, 2015,
reception number 20150008985 in Larimer County.
a. The Grantor has executed a PROMISSORY NOTE, in the amount of $126,250.00 to secure the
repayment of the indebtedness, evidenced by LOAN CONTRACT NO. CT2015-151 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
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