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AMENDMENT TO SECURITY AGREEMENT <br />DEBTOR: TOWN OF STARKVILLE <br />SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br />DATE OF ORIGINAL SECURITY AGREEMENT: JUNE 1, 1981 <br />ORIGINAL PROMISSORY NOTE: $292,480, dated June 1, 1981, Interest at the rate of <br />2.0% per annum with annual payment for a period <br />of 40 years or until paid in full. <br />ORIGINAL LOAN CONTRACT: C153347, dated June 1, 1981 and Amendment 1 <br />dated April 1, 1982 <br />The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to institute a <br />facilities fee and pledge assessment revenues, that include the facilities fee, in an amount <br />sufficient to pay the annual amounts due under the amended Loan Contract and the <br />Company's right to receive said revenues for repayment of the loan. <br />1. The Parties expressly agree that this AMENDMENT is supplemental to the Security <br />Agreement and all terms, conditions, and provisions thereof, unless specifically modified <br />below, are to apply to this Amendment as though they were expressly rewritten, <br />incorporated, and included herein. <br />Amended Loan Contract: C153347 <br />Replacement Promissory Note: $141,065.50, the current principal balance, with an <br />interest at the rate of 0% per annum with annual <br />payments for a period of 30 years or until paid in full. <br />Date of Amended Security Agreement: December 20, 2012 <br />DEBTOR: Town of Starkville <br />(S` E A L) By <br />Signature <br />Attest: i <br />NAME: C 6 r 6+0.2 Le y— H'S 1 <br />BY <br />Signature <br />NAME: yk � N %CCO <br />TITLE: TOWN CLERK <br />Date: 02 L27 / <br />TITLE: MAYOR <br />DATE: Z <br />Attachment C to Loan Contract C153347 Amendment 2 <br />Page 1 of 1 <br />