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SECTION 5—SCHEDULE OF EXISTING DEBT
<br /> As of the date of the CWCB loan approval, the BORROWER has the existing loans with
<br /> the Colorado Water Conservation Board.All loans are in good standing.
<br /> Lender Contract Original Current Annual Maturity Collateral
<br /> No. Balance Balance Payment Date
<br /> CWCB C153833 $500,000 $102,311 $36,889 2019 100% Interest in North
<br /> Poudre Res#5 Et Res #6
<br /> CWCB C150013 $623,778 $309,608 $46,061 2024 100% Interest in Fossil Creek
<br /> Dam a Reservoir
<br /> CWCB C153385 $1,331,704 $501,616 $77,612 2024 100% Interest in Fossil Creek
<br /> Dam Et Reservoir
<br /> CWCB C153449 $1,152,909 $518,829 $67,192 2026 100% Interest in Fossil Creek
<br /> Dam Et Reservoir
<br /> CWCB C150170 j $735,280 $461,508 $50,572 2027 100% Interest in North
<br /> Poudre Res #1 (Miner's Lake)
<br /> CWCB C153496 j $404,502 I $219,012 $23,574 1 2029 100% Interest in Fossil Creek
<br /> Dam Et Reservoir
<br /> CWCB C153572 $340,551 $206,002 $19,847 2031
<br /> 100% Interest in Fossil Creek
<br /> Dam a Reservoir
<br /> 100% Interest in North
<br /> CWCB C153637 $1,761,096 $1,009,351 $64,378 2035 Poudre Res #5 Et Res #6
<br /> C150368 ! ! Fossil Creek Res Inlet
<br /> CWCB CT2015- $ 876,680 $ 418,856 j $ 44,220 2043 j Diversion Structure,
<br /> 24 Assessments
<br /> I 1 I
<br /> C150378
<br /> CWCB CT2015- $ 2,263,410 $ 2,105,351 $ 105,989 2044 100% Interest in Reservoir#4
<br /> 03 Dam Et Res, Assessments
<br /> CWCB CT2017- 100% Interest in Reservoir#4
<br /> $1,437,300 $ 616,282 $ 67,066 2046
<br /> 1402Dam a Res, Assessments
<br /> SECTION 6— LOAN SECURITY
<br /> The SECURITY for this loan, as evidenced by the executed SECURITY AGREEMENT
<br /> (APPENDIX 5) and incorporated herein, shall be: (i) an irrevocable (but not exclusive)
<br /> pledge to the CWCB of the PLEDGED REVENUES in such amount as is necessary to
<br /> make each annual payment due under this LOAN CONTRACT, (ii) an assessment
<br /> covenant; and (iii) annual financial reporting and (iv) an undivided one hundred
<br /> Appendix 1
<br /> Page 2 of 5
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