CT2016-2452 Amendment NO. 1

• Contract/PO #: CT2016-2452
• Contractor Name: St. Vrain and Left Hand Water Conservancy District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

Appendix C,Amendment No.! to Loan Contract CT2016-2452
Amendment to Deed of Trust
Date: February 11,2019
Grantor(Borrower): St.Vrain and Left Hand Water Conservancy District,acting by and
through the water activity enterprise
Beneficiary(Lender): Colorado Water Conservation Board
Lender Address: 1313 Sherman Street,Room 718,Denver,
Colorado,80203
Date of Original Deed of Trust: December 14,2015
Recorded Date of Original Deed of Trust: January 28,2016
County of Recording("County"): Boulder
Deed of Trust Recording Information: Reception Number 03498123(3 pages)
Loan Contract Number: CT2016-2452
Promissory Note: $4,545,000.00,Zero percent(0%)for five(5)years
followed by twenty-seven(27)years at 3.20%interest,
Annual Loan Payment is$253,918.00
Pledged Property: No change to property pledged per original Deed of
Trust
This Amendment to Original Deed of Trust is between the Grantor and the Public Trustee of the County, State
of Colorado.
The Original Deed of Trust was recorded to secure repayment of the indebtedness evidenced by the Loan
Contract and Promissory Note between the Grantor and the Beneficiary.
Grantor and Beneficiary have agreed to amend the Original Loan Contract and Promissory Note to change
the loan term from the existing three(3)years to five (5)year at 0% interest followed by twenty-seven(27)
years at a blended interest of 3.20%and hereby amend the original Deed of Trust to document the change.
NOW THEREFORE,the CWCB and Grantor agree that:
1. This Amendment to Deed of Trust,Appendix C to Amendment No. 1,Contract Number CT2016-2452
shall supplement and operate in conjunction with the Deed of Trust attached to the Original Contract
as Appendix 5, recorded in Boulder County, dated January 28, 2016, Reception Number 03498123,
three pages and incorporated herein by reference.
2. The Grantor has executed an amended Promissory Note, in the amount of$4,545,000.00 to secure the
repayment of the indebtedness, evidenced by Loan Contract Number CT2016-2452, Amendment No.
1,to be repaid to the State of Colorado for the use and benefit of the Department of Natural Resources,
Colorado Water Conservation Board ("CWCB") the beneficiary herein, whose address is 1313
Sherman Street, Room 718, Denver, CO 80203, payable in annual installments, in accordance with
said Promissory Note,or until the loan is paid in full.
3. In the event of any conflict, inconsistency, variance, or contradiction between the provisions of this
amendment and any of the provisions of the Original Deed of Trust the provisk ns of this amendment
shall in all respects supersede,govern,and control.
4. Any provisions of the Original Deed of Trust not expressly modified herein remain in full force and
effect.
Appendix C
Page 1 of 2
Contract lumber CT2016-2452