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APPENDIX B,AMENDMENT NO.1 TO LOAN CONTRACT CT2o15-o69 <br /> AMENDMENT TO SECURITY AGREEMENT <br /> DEBTOR: Boxelder Basin Regional Stormwater Authority <br /> SECURED PARTY: Colorado Water Conservation Board <br /> REVISED LOAN AMOUNT: $818,1oo.00 <br /> TERM OF REPAYMENT: 15 years at the interest rate of 2.50%.The first payment will <br /> be interest only in the amount of$20,452.50,with annual <br /> payments of$69,977.43 over the remaining 14 years of the <br /> original 15 year loan. <br /> LOAN CONTRACT NUMBER: CT2o15-o69(C15o393) <br /> 1. The Parties hereby agree to amend the Original Security Agreement,attached to the Original Contact <br /> as Appendix 4, to modify the repayment provisions of the loan contract in include the 2017 interest <br /> only payment of$20,452.50 and thereafter principal and interest shall be payable in the annual loan <br /> payment of 569,977.43. <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: BOXELDER BASIN REGIONAL STORM WATER <br /> AUTHORITY <br /> (S E A L) <br /> By ?re..5;keifIA- <br /> ,Signature/Title <br /> � ` ' ,� ^ Date <br /> BatAd) ` JSGC,YC 4 t <br /> 1 <br /> Signature/Title <br /> Date (9/g-Wt 1 <br /> Appendix B <br /> Page i of i <br />