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BOOK 824PAGE492 " \ ; STA'nOF COLORADO. COUNTY 0,. MO~ P.ECORtiEo AT 11 : 04 O'CLOCr<..8..:.... M ?H.1- RECEPTION 57:~586 . RIrnt'E.HV.TH.RECo.mER WARRANTY: DEED IfATlllUllIlDIIAllft IITISEP 25 199 n/f THIS DEED. made this 17th day of S~ptember ., 1991', between PARADOX VALLEY WATER CONSERVANCY DISTRICT. of the County of ,Montrose and State of Colorado. Grantor, and th.~COLORADO WATER CONSERVATION BOARD, whose legal"address is 721 State Centennial Building, 1313 Sherman Street, Denver. Colorado 80203, of the City and County of Denver and State of Col~rado. Grantee; ~ ;).. 1\ \~ Grantor, for and 1n consideration of the sum of Ten Dollars ($10.00). the, receipt and sufficiency of which 1s hereby acknowledged. and the terms and conditions of three unre- corded documents (the "Two Loans"), one by and between Grantor and Grantee. dated August 15, 1985. for the loan from Grante~ to Grantor of One Hundred Fifty Thousand Dollars ($150.000) and one dated August IS. 1981. by and between Grantee and the Paradox Valley Canal and Reservoir Company. for the loan of One Hundred Thousand Dollars ($100.000), as amended on August 15. 1983. and as assigned to Grantor on August 1, 1985. has granted, bargained, sold and conveyed. and by these ptesents does grant, bargain. sell. convey and confirm unto Grantee. its successors and assigns. until Grantor repays to Grantee the sums owed by Grantor to Grantee pursuant to the Two Loans. the following real property improvements to the Buckeye Dam and Reservoir. Manti-La Sal National Forest, SJ". Sec. 11. T.48N., R.20W.. NMPM. near the Utah border, (the "Propertyll). situate. lying and being in the County of Montrose and State of Colorado: 1. a slurry trench cutoff wall in the existing dam embankment and the dam foundation; 2. 2,200 cubic yards of compacted fill on present embankment; 3. One spillway; 4. One outlet gate Structure together with 40 feet of outlet conduit; and 5. 640 cubic yards of 3/4 inch bedding material. TOGETHER with all and singular the hereditaments and appurtenances thereunto belonging, or in anywise appertaining. the reversion and reversions. remainder and remainders, rents. issues and profits thereof, and all the estate. right. title. interest. claim and demand whatsoever of the Grantor. either in law or equity, of. in and to the above Property, with the hereditaments and appurtenances. , ~) TO HAVE AND TO HOLD the Property, with the appurtenances. unto the Grantee its succes- sors and assigns. And the Grantor. for itself. its successors and assigns does convenant. grant. bargain and agree to and with the Grantee. its successors and assigns. that at the time of the ensealing and dEllivery of these presents, Grantor is well seized of the Property, has good. sure, perf~ct, absolute and indefeasible estate of inheritance, in Idw. in fee simple. and has good right. full power and lawful authority to grant. bargain. sell and convey the same in manner ~nd form aforesaid. and that the same are free and clear from all former and other grants. bargains. sales. liens. taxes. assessments. encumbrances and restrictions of whatever kind or nature whatsoever. Grantor shall and will WARRANT AND DEFEND the Property in the quiet and peaceable possession of the Grantee. its successors and assigns. against all and every person or persons lawfully claiming the ~hole or any part thereof. THIS DEED IS GRANTED BY GaANTOR TO GRANTEE ONLY AS SECURITY FOR THE TWO LOANS. IN WITNESS WHEREOF, the G~antor has executed this deed on the date set forth above. ATTEST:.cv' (/. (M-C {)~ .Secretary PARADOX VALLEY WATER CONSERVANCY DISTRICT By [lJ2/l-- eJ.'A A~. / President I I 7 STATE OF COLO~~O ) ) ss. ) COUNTY OF instrument was me this ~ day 1991, by as President as Se~~etary of Parad a ey Water Conservancy District. expires -o,Wln AI . 19~. Witness my hand and official Not.~~L-<I<! ~fp~l~ ~ fOregOi~g . ~lDb' My commission seal. of and , .~;~ . ", ". ' ~ ~ '... """:""".'. -