C153623 Contract

• Contract/PO #: C153623
• Contractor Name: Sanchez Ditch and Reservoir Company
• Contract Type: Loan
• Water District: 24
• County: Costilla
• Bill Number: SB 92-87
• Loan Projects - Doc Type: Contract Documents

AMENDMENT N0.1 TO DEED OF TRUST
Date:
Grantor (Borrower):
Beneficiary (Lender):
Date of Deed of Trust:
Recording Date of Deed of Trust:
County of Recording ( "County "):
Deed of Trust Recording Information:
Original Loan Contract No.:
Promissory Note:
March 25, 2013
Sanchez Ditch and Reservoir Company
Colorado Water Conservation Board
April 5, 1997
June 13, 1997
Costilla County
209766 B349 P531 (4 pages)
C153623, dated August 20, 1992, as
amended March 5, 2013
Dated March 5, 2013, principal amount of
$73,705.22, interest rate at 3% per annum
for a term of 6 years,
This AMENDMENT No.1 TO 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 DEED OF TRUST to reflect
the revised term of repayment, as described above.
NOW THEREFORE, the CWCB and Grantor agree that:
1. This AMENDMENT No.1 To DEED OF TRUST, APPENDIX B, to LOAN CONTRACT
(C153623) AMENDMENT No.1, dated March 25, 2013, shall supplement and operate
in conjunction with the ORIGINAL DEED OF TRUST dated April 5, 1997 referenced in
Paragraph A. 14, Page 8 of the ORIGINAL CONTRACT and incorporated herein by
reference.
2. The Grantor has executed an AMENDMENT No.1 TO PROMISSORY NOTE dated March
25, 2013, to secure the repayment of the indebtedness evidenced by CONTRACT No.
C153623, dated August 20, 1992, as amended for the total principal sum of
$73,705.22, 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 721, Denver,
CO 80203, payable in 6 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 provisions 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 D to Amendment No.1
Loan Contract C153623
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