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<br />CHAFFEE COUNTY. SALIDA CO REC $16.00 <br />JOYCE M. RENO, COUNTY CLERK AND RECORDER <br />Deed of Trust <br /> <br />01/21/2003 RECPT-331990 <br />08:42:00AM 1 OF 3 <br /> <br />DATE: December 1, 2002 <br /> <br />GRANTOR: THE RIVERSIDE DITCH AND ALLEN EXTENSION COMPANY <br /> <br />BENEFICIARY: COLORADO WATER CONSERVATION BOARD <br /> <br />COUNTY: CHAFFEE COUNTY <br /> <br />PRINCIPAL LOAN AMOUNT: $50,000 <br /> <br />LOAN CONTRACT: Loan Contract No. C150115, dated December 1, 2002 <br /> <br />TERMS: Interest of 2.75% per annum and repayment period of 30 <br />years <br /> <br />COLLATERAL: An undivided one hundred percent (100%) interest in and <br />to all easements and rights-of-way appurtenant thereto, all <br />improvements thereon, and all other physical and legal <br />features known as the Riverside Ditch and the Allen <br />Extension, with the headgate located on the west side of the <br />Arkansas River in SE/4 of Section 2, Township 13 South, <br />Range 79 West, the course of said ditch being in a southerly <br />and southeasterly direction through the SEt4 of Section 2, <br />the NE/4 of Section 11, SEt4 of Section 11, the NE/4 of <br />Section 14, SE/4 of Section 14, all in Township 13 south, <br />Range 79 West, the NEt4 of Section 23, NW/4 of Section <br />24, the SW/4 of Section 24, the NW/4 of Section 25, the <br />SW/4 of Section 25, the NWt4 of Section. 36, the NE/4 of <br />Section 36, the SEt4 of Section 36, the NE/4 of Section 7 <br />and NW/4 of Section 7, all in Township 14 South Range 78 <br />West, Chaffee County, Colorado, together with all gates, <br />easements, ditches, canals, rights-of-way and all other <br />structures, appliances, fixtures and any other property used <br />in connection with the operation of said ditch and extension. <br /> <br />This indenture is between the GRANTOR, and the Public Trustee of the above <br />referenced COUNTY. State of Colorado ("PUBLIC TRUSTEE"), <br />, <br /> <br />The GRANTOR has executed a Promissory Note of even date and amount, set <br />forth in the LOAN CONTRACT, for a loan in the PRINCIPAL LOAN AMOUNT to be repaid to the <br />BeNEFICIARY, with terms as shown above and in accordance with the Promissory Note <br />or until loan is paid in full. <br /> <br />The GRANTOR is desirous of securing payment of the PRINCIPAL LOAN AMOUNT <br />and interest of said Promissory Note to the BENEFICIARY. <br /> <br /> <br />Appendix 5 to Loan Contract C150115 <br />