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CT2015-003 Contract Amendment No 2
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CT2015-003 Contract Amendment No 2
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Last modified
9/4/2020 1:02:32 AM
Creation date
6/9/2017 1:55:27 PM
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Loan Projects
Contract/PO #
CT2015-003
Contractor Name
North Poudre Irrigation Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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APPENDIX B-I,AMENDMENT NoJ To LOAN CONTRACT C 2015-oo3 <br /> AMENDMENT TO SECURITYAGREEMENT <br /> DEBTOR: North Poudre Irrigation Company <br /> SECURED PARTY: Colorado Water Conservation Board <br /> REviSED LOAN AMOUNT: $2,189,757.89 <br /> TERM OF REPAYMENT: 30 years with annual payments of$102,540.25 at the <br /> interest rate of 2.35% <br /> LOAN CONTRACT NUMBER: CT2015-003 (C150378) <br /> i. The Parties have amended the Original Loan Contract and Promissory Note to decrease the loan <br /> amount from $2,263,410.00 to $2,i8g,757.89, and hereby amend the Original Security Agreement to <br /> document the change of loan amount. <br /> z. 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: NORTH POUDRE IRRIGATION COMPANY <br /> (SEAL) <br /> By <br /> Signature e <br /> ATTEST: <br /> Date��T�/_� <br /> ]By2j�a �J-&AA �A�� <br /> Signature/Title <br /> Date 0 <br /> Appendix B-i <br /> Page i of i <br />
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