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CT2015-060 Contract Amendment NO. 2
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CT2015-060 Contract Amendment NO. 2
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Last modified
9/4/2020 1:04:52 AM
Creation date
8/29/2017 1:28:50 PM
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Loan Projects
Contract/PO #
CT2015-060
C150337
Contractor Name
Well Augmentation Subdistrict Central Colorado WCD Amend 2
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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APPENDIX A-i,AMENDMENT NO.2 LOAN CONTRACT CT2015-o6o (C150337) <br /> AMENDMENT TO DEED OF TRUST (i) <br /> Date: June 22, 2017 <br /> Grantor (Borrower): Well Augmentation Subdistrict of the Central Colorado <br /> Water Conservancy District <br /> Beneficiary(Lender): Colorado Water Conservation Board <br /> Address: 1313 Sherman Street, Room 718, Denver, <br /> Colorado, 80203 <br /> Date of Deed of Trust: April 24, 2013 <br /> Recorded Date of Deed of Trust: June 14, 2013 <br /> County of Recording ("County"): Weld <br /> Deed of Trust Recording Information: 3940199 <br /> Loan Contract Number: CT2015-o6o (C150337) <br /> Revised Promissory Note: $i,651,904.79, 1.75%, 30 Years <br /> This Amendment to the ORIGINAL DEED OF TRUST is between the Grantor and the Public <br /> Trustee of the County, State of Colorado. <br /> The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness <br /> evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the <br /> Beneficiary. <br /> The BORROWER agreed in AMENDMENT NO. 1 to the ORIGINAL CONTRACT to convey, as <br /> COLLATERAL, an undivided one hundred percent (i00%) interest in eighty (8o) shares of <br /> capital stock in The Lupton Meadows Ditch Company.This amendment reflects the change <br /> of the stock certificate number. The transferred stock certificate number of 0755, in the <br /> name of CWCB as Lien Holder and Well Augmentation Subdistrict of the Central Colorado <br /> Water Conservation District as Equity Owner, replaces stock certificate number o652 in the <br /> name of Mildred Mae Sarchet, LLC. <br /> NOW THEREFORE, the CWCB and Grantor agree that: <br /> 1. This AMENDMENT TO DEED OF TRUST, APPENDIX A-1 to AMENDMENT 2 to the ORIGINAL <br /> CONTRACT NO. CT2015-o6o shall replace and supersede the ORIGINAL DEED OF TRUST <br /> attached as APPENDIX A to AMENDMENT i to the ORIGINAL CONTRACT recorded June 14, <br /> 2013, reception number 3940199, in Weld County and incorporated herein by <br /> reference, shall supplement and operate in conjunction with the Amendment to Deed of <br /> Trust, attached to the Loan Contract Amendment No. 2 as Appendix A-2. <br /> 2. The Grantor has executed a revised PROMISSORY NOTE, in the amount of$i,651,904.79 <br /> to secure the repayment of the indebtedness, evidenced by LOAN CONTRACT NO. <br /> CT2015-o6o (150337) to be repaid to the State of Colorado for the use and benefit of the <br /> Department of Natural Resources, Colorado Water Conservation Board ("CWCB") the <br /> beneficiary herein, whose address is 1313 Sherman Street, Room 718, Denver, CO 80203, <br /> payable in annual installments, in accordance with said PROMISSORY NOTE, or until the <br /> loan is paid in full. <br /> Appendix A-i <br /> Page i of 2 <br />
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