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CT2015-050 Amendement No. 1
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CT2015-050 Amendement No. 1
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Last modified
8/9/2018 10:09:22 AM
Creation date
8/9/2018 10:09:18 AM
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Loan Projects
Contract/PO #
CT2015-050
Contractor Name
Riverside Ditch and Allen Extension Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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Appendix B,Amendment No.1 to Loan Contract CT2015-050 <br /> Amendment to Security Agreement <br /> Debtor: Riverside Ditch and Allen Extension Company <br /> Secured Party: Colorado Water Conservation Board <br /> Revised Loan Amount: $159,574.01 <br /> Term of Repayment: 30 years or until loan is paid in full <br /> Interest Rate: 2.75% <br /> Loan Contract Number: CT2015-050 <br /> 1. The Parties have amended the Original Loan Contract and Promissory Note to decrease the loan amount by <br /> $26,770.99 from $186,345.00 to$159,574.01, and hereby amend the Original Security Agreement attached to <br /> the Original Contact as Appendix 4,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 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: Riverside Ditch and Allen Extension Company <br /> (SEAL) <br /> By l � <br /> Signature/Title <br /> ATTEST: <br /> Date 6/23/2e)/ <br /> By .OL('f�. 1 fzy1 <br /> Signature/Title /4"./1'dGte-e-A—) <br /> Date � f <br /> Appendix B <br /> Page 1 of 1 <br />
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