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CT2015-061 Ammendment No. 1
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CT2015-061 Ammendment No. 1
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Last modified
6/29/2017 9:49:12 AM
Creation date
6/29/2017 9:49:07 AM
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Loan Projects
Contract/PO #
CT2015-061
Contractor Name
Grand Mesa Water Conservancy District
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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APPENDIX B,AMENDMENT NO.1 TO LOAN CONTRACT CT2015-061 <br /> AMENDMENT TO SECURITY AGREEMENT <br /> DEBTOR: GRAND MESA WATER CONSERVANCY DISTRICT,ACTING BY <br /> AND THROUGH ITS WATER ACTIVITY ENTERPRISE <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> REVISED LOAN AMOUNT: $303,000.00 <br /> TERM OF REPAYMENT: 20 YEARS AT THE INTEREST RATE OF 1.55°16 <br /> LOAN CONTRACT NUMBER: CT2o15-061 <br /> 1. The Parties have amended the Original Loan Contract and Promissory Note to increase the loan <br /> amount by $75,750.00, from 5.27,250.00 to $303,000.00, and hereby amend the original Security <br /> Agreement to 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: GRAND MESA WATER CONSERVANCY <br /> DISTRICT,ACTING BY AND THROUGH ITS WATER ACTIVITY <br /> ENTERPRISE <br /> (SEAL) <br /> By .ci E.S%civ7 <br /> Signature/Title <br /> ATTEST: / <br /> B � � Date 40/A0/1 <br /> Y % / <br /> /c <br /> Signature/Title <br /> Date o& O4i 7 <br /> Appendix B <br /> Page I of 1 <br />
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