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CT2017-3188 Amendenment No. 1
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CT2017-3188 Amendenment No. 1
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11/28/2017 11:15:54 AM
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11/28/2017 11:14:53 AM
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Loan Projects
Contract/PO #
CT2017-3188 Amendment No. 1
Contractor Name
Chilcott Ditch Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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Appendix B,Amendment No.I to Loan Contract CT2017-3188 <br /> Amendment to Security Agreement <br /> Debtor. Chilcott Ditch Company <br /> Secured Party: Colorado Water Conservation Board <br /> Revised Loan Amount: $459,991.12 <br /> Term of Repayment: 20 years or until loan is paid in full <br /> Interest Rate: 2.20% <br /> Loan Contract Number. CT2017-3188 <br /> 1. The Parties have amended the Original Loan Contract and Promissory Note to reduce the final loan amount by <br /> $120,758.88 from $580,750.00 to $459,991.12 and change the annual payment amount from $36,205.94 to <br /> $28,677.42.and hereby amend the original Security Agreement to document the change. <br /> 2. The Parties expressly agree that this Amendment to Security Agreement is supplemental to the Security <br /> Agreement and all terms, conditions,and provisions thereof,unless specifically modified below,are to apply <br /> to this Amendment to Security Agreement as though they were expressly rewritten,incorporated,and included <br /> herein. <br /> 3. Collateral for the loan remains the same. <br /> Debtor. Chilcott Ditch Company <br /> (SEAL) <br /> By . , = \ `_ M'IMAGE fL <br /> • ature/Title <br /> ATTEST: <br /> B ���./ . --- Date //? , / 7 <br /> Sign:tu itle <br /> Date /6 5,/7 <br /> Appendix B <br /> Page 1 of 1 <br />
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