Laserfiche WebLink
<br />", <br /> <br />Debtor: <br /> <br />STATE OF COLORADO <br />""""RM CO,"'ffiRC>AL COD' - SECURITY AG"'ME", . COPy <br /> <br /> <br />The Terrace Irrigation company <br /> <br />:'Ilunr. <br /> <br />""- <br /> <br />..... <br /> <br />C" <br /> <br />952059~55 C ~16.8D <br />~;:::"''''''''''''"''''' "... ;".......r- <br />'..l...\:I~L..;n!;.I~ ..,;;",;... <br />n~ n~~!:' i! . ..,... <br />iJO-UlCd-' '~lti40 <br /> <br />""""'" <br />........... <br /> <br />B<I5ino:B: <br /> <br />?40c;O C:ollntv Road 10. La <br />""- ..... <br />State of Colorado for the use and <br /> <br />Colorado Water Conservation Board <br /> <br />Jara, <br />Cd' - <br />benefit of the <br /> <br />..... <br /> <br />Secured Party: <br /> <br />:"I......: <br /> <br />-- <br /> <br />1313 Sherman Street, Room 721, <br /> <br />Denver, <br /> <br />CO <br /> <br />80203 <br /> <br />... <br /> <br />..... <br /> <br />C., <br /> <br />.... <br /> <br />Debtor. for consideralion. hereby grants to Secured Party a se1:urity interest in the roll()Y."ing property and any and ~I 4lddirions. acccssiol'1S and <br />substitutions therelo or therefor (hereinafter called [he "COLLATERAL"): <br />All revenues derived from assessments on stock to repay indebtedness <br />on the-Terrace Main Canal and the Alamosa Creek Canal ~s approved by <br />the stockholders or the Board of Directors, pursuant to'CRS, ~7-42-104, <br />as amended. <br /> <br />To SeCure paymcnI of the indcblcdness evidenced by <br />or ord~r. ib foll()Ws: <br /> <br />certain promi~sory notc: _ of even d:atc herewith. pay...blc to the Secured Party. <br /> <br />7'Sfre:-r; I5f CJ ';hz-J J,r <br />DEBTOR EXPRESSLY WARRA:'<iS A:'-ID COYE:'-IA:-iS: <br /> <br />_1. <br /> <br />I. That except for lhe security interest gr:mted hereby Debtor is. or to the extent that this agreement states that the <br />Collater.1 is to beacquired after the date hereof. will be. the owner of the Collateral free from any adven;e lien. security interest or <br />encumbrances; and that Debtor will defend the Collateral ag.unst all claims and demands of all persons at anytime claiming the <br />s:Jme or any interest therein. <br /> <br />2. The Collateral is used or bought primarily for: <br />o Personal. family or household purposes: <br />I21l Use in farming operations; <br />o Use in business. <br /> <br />}, That Debtor's residence is as stated above. and the Collateral will be kept at <br /> <br />24050 County Road 10, <br />s,'WScm:l <br /> <br />La Jara, <br />c., <br /> <br />Cone-jos, <br />C''''''''l' <br /> <br />CO 81140 <br /> <br />Su. <br /> <br />~. If any afthe Collater.ll is crops. oil. gas. or minerals tu ~ e.'~tr..lctt:d or [im~rto be cut. or goods which are or are to <br />become fixlun:s. said ColI:ueral concans the following described re:ll estate situate in the Counry <br />of and State of Colorado. to wit: <br /> <br />EXHIBIT E <br /> <br />:"Ilu. lice 12115. Rev. J.H7. <br /> <br />SElTRIT\" ."C.HU~.\lE"'T <br />