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APPENDIX B,AMENDMENT No. 1 TO LOAN CONTRACT CT2015-101 <br /> AMENDMENT TO SECURITY AGREEMENT <br /> DEBTOR: UPPER PLATTE AND BEAVER CANAL COMPANY <br /> COMPANY A COLORADO NONPROFIT CORPORATION <br /> SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> DATE OF ORIGINAL SECURITY AGREEMENT: SEPTEMBER 25,2014 <br /> ORIGINAL PROMISSORY NOTE: $190,890.00 DATED SEPTEMBER 25,2014 AT THE <br /> INTEREST RATE OF 1.75%FOR 10 YEARS OR UNTIL PAID <br /> IN FULL <br /> Loan Contract Number. CT2015-101 <br /> 1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to decrease <br /> the loan amount by $71,205.24, from $190,890.00 to $119,684.76, and hereby amend the <br /> original Security Agreement to document the change of loan amount. <br /> 2. The Parties expressly agree that this Amendment is supplemental to the Security Agreement <br /> and all terms, conditions, and provisions thereof, unless specifically modified below, are to <br /> apply to this Amendment as though they were expressly rewritten, incorporated, and included <br /> herein. <br /> AMENDED LOAN CONTRACT: AMENDMENT No.1 TO LOAN CONTRACT No. <br /> CT2015-101 <br /> Replacement Promissory Note: Total Loan Amount is $119,684.76, with an <br /> annual loan payment of$20,974.10, at an interest <br /> rate of 1.75%, for 7 years or until the loan is paid <br /> in full. <br /> DEBTOR: UPPER PLATTE AND BEAVER CANAL <br /> COMPANY,A NONPROFIT CORPORATION <br /> I <br /> (SEAL) , <br /> 1// •// <br /> yj72 <br /> /--- A`-',;'(&,7.--71L <br /> Signature/Title <br /> ATTEST: <br /> j�{'�r^J,�I' /'� .a(�. r Date --� �C��� <br /> By <br /> Signatur itle <br /> Date --"-C-1 tak 1� <br /> PAIDI FULL <br /> Appendix B <br /> Page 1 of 1 <br />