Laserfiche WebLink
<br />AMENDMENT NO.2 TO SECURITY AGREEMENT <br /> <br />DEBTOR: The Windsor Reservoir and Canal Company <br /> <br />SECURED PARTY: COLORADO WATER CONSERVATION BOARD <br /> <br />DATE OF ORIGINAL <br />SECURITY AGREEMENT: OCTOBER 23, 1996, AMENDED APRIL 1, 2001 <br /> <br />Original Promissory Note: $2,357,000, dated April 1, 2001, Interest at the rate of 4.08% <br />per annum with annual payment for a period of 30 years or <br />until paid in full. <br /> <br />ORIGINAL LOAN CONTRACT: C153725, dated October 23, 1996, amended April 1, 2001 <br /> <br />1. The Parties have amended the ORIGINAL LOAN CONTRACT and Promissory Note to <br />increase the loan amount from $2,357,000 to $2,658,500 and hereby amend the <br />original Security Agreement to evidence of the increased loan amount. <br /> <br />2. The Parties expressly agree that this Amendment is supplemental to the Original <br />Security Agreement and all terms, conditions, and provisions thereof, unless specifically <br />modified below, are to apply to this Amendment as though they were expressly <br />rewritten, incorporated, and included herein. <br /> <br />Amended Loan Contract: C153725, dated August 1, 2003 <br /> <br />Replacement Promissory Note: $2,658,500 dated August 1, 2003, interest at the <br />rate of 4% with annual payments for a period of <br />30 years or until paid in full <br /> <br />Date of Amended Security Agreement: August 1, 2003 <br /> <br />CORPORATE <br />SEAL <br /> <br />DEBTOR: The Windsor Reservoir and Canal <br />Company <br /> <br />By' <br /> <br /> <br />By <br /> <br /> <br />Donn Engel, Co or te Secretary <br /> <br />Appendix 0 to Loan Contract C153725 Amendment No.2 <br />