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CT2015-024 Amendment No. 2
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CT2015-024 Amendment No. 2
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Last modified
12/12/2018 2:30:20 PM
Creation date
12/12/2018 2:30:05 PM
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Loan Projects
Contract/PO #
CT2015-024
C150368
Contractor Name
North Poudre Irrigation Comapny
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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Appendix B-1,Amendment No.2 to Loan Contract CT201S-024 <br /> Amendment to Security Agreement <br /> Debtor. North Poudre Irrigation Company <br /> Secured Party: Colorado Water Conservation Board <br /> Revised Loan Amount: $846,222.20 <br /> Term of Repayment: 32 years or until loan is paid in full <br /> Interest Rate: No payments and zero interest for five(5)years followed by <br /> twenty seven(27)years of amortized payments at the interest <br /> rate of 2.35%. <br /> Loan Contract Number. CT2015-024 <br /> 1. The Parties have amended the Original Loan Contract and Promissory Note to decrease the total loan amount <br /> to $846,222.20 and hereby amend the Original Security Agreement attached to the Original Contact as <br /> Appendix 4 and the Amendment to Security Agreement,attached as Appendix B to Contract Amendment No. <br /> 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 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 /> North Poudre Irrigation Company <br /> By 06't.a.,.. <br /> Signature/T <br /> ATTEST: <br /> By de4 / Date i!!�/( <br /> 9 6p(�' Crrt.. <br /> Si . re/Title� WR, <br /> Date Li/Up 0 <br /> Appendix B <br /> Page 1 of 1 <br /> Contract Number CT2015-024 <br /> CMS 121519 <br />
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