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APPENDIX B-1,AMENDMENT NO.2 TO LOAN CONTRACT CT2015-012 <br /> AMENDMENT TO SECURITY AGREEMENT <br /> DEBTOR: Sanchez Ditch and Reservoir Company <br /> SECURED PARTY: Colorado Water Conservation Board <br /> REVISED LOAN AMOUNT: $1,502,476.00 <br /> INTEREST RATE: 2.00% <br /> TERM OF REPAYMENT: $30,049.52,interest only annual payment for the first five <br /> years of repayment,followed by 35 annual payments of <br /> interest and principal,at the annual payment amount of <br /> $60,102.36 <br /> LOAN CONTRACT NUMBER: CT2oi5-o12(C150342) <br /> i. The Parties have amended the Original Loan Contract and Promissory Note to increase the loan <br /> amount from $1,381,276.00 to $1,502,476.00, and hereby amend the Original Security Agreement <br /> attached to the Original Contact as Appendix 4 and the Amendment to Security Agreement,attached <br /> as Appendix B to Contract Amendment No.1,to reflect this change to the total loan contract 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: SANCHEZ DITCH AND RESERVOIR <br /> COMPANY <br /> (S E A L) 1,‘/„.. . <br /> Signatu a/Title <br /> ATTEST: <br /> Date / <br /> S/ <br /> By <br /> Zr-e-/-....,- <br /> Signature/Title <br /> Date 4,07i <br /> Appendix B-i <br /> Page i of 1 <br />