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q <br />� <br />I I"III "III "I'll �II"II'I I'I'�II 11'll III "II� IIf� 1�'I <br />563478 02/18/2003 02:59P B961 P541 Rnn Eddins <br />1 of 2 R 10.00 D 0.00 Delta Cf.y, CO Clerk & Rec <br />AMENDMENT NO. 1 TO DEED OF TRUST <br />Date: February 1, 2003 <br />Grantor (Bo�rower): Cedar Mesa Ditch and Reservoir Company <br />Beneficiary (tender): Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br />Date of Deed of Trust: May 1, 2002 <br />Recording Date of Deed of Trust: August 21, 2002 <br />County of Recording ("County"): Delta <br />Deed of Trust Recording Information: 558013 8938 P207-209 <br />Loan Contract: C150087, dated May 1, 2002, amended <br />February 1, 2003 <br />Promissory Note: $150,000, 3.25%, 30 years, dated February 1, <br />2003 <br />This Amendment No. 1 to Deed of Trust is between the Grantor and the Public <br />Trustee of the County, State of Colorado. <br />The original Deed of Trust was recorded to secure repayment of the indebtedness <br />evidenced by Loan Contract and Promissory Note between the Grantor and the <br />Beneficiary. <br />The Beneficiary agreed to foan to the Grantor an additional $50,000 for a total <br />loan amount of $150,000 and to amend the Deed of Trust to reflect the increased loan <br />amount, <br />NOW THEREFORE, the CWCB and Grantor agree that: <br />1. The second full paragraph of the Original Deed of Trust is hereby amended to read <br />as follows: <br />THE GRANTOR HAS EXECUTED A PROMISSORY NOTE DATED FEBRUARY 1, 2003, TO SECURE <br />7HE REpAYMENT OF 7HEfNDEBTEDNESS EVIDENCED BY CON7RACT NO. C150087, DATED <br />Ma,v 1 , 2002, AS AMENDED ON FEBRUARY 1, Z003 THE TOTAI PRINCIPAL SUM OF $150,000, <br />TO BE REPAID TO THE STATE OF COLORADO FOR THE USE AND 6ENEFIT OF THE DEPARTMENT <br />OF NATURAL RESOURCES, COLORADO WATER CONSERVA710N BOARD ("CWCB"� THE <br />BENEFICIARY HEREIN, WHOSE ADDRESS.IS 1313 SHERMAN STREET, ROOM 721, DENVER, <br />CO 80203, PAYABLE IN $O ANNUAL INSTALLMENTS, IN ACCORDANCE WITH SAID PROMISSORY <br />NOTE, OR UNTIL 1'HE LOAN IS PAID IN FULL. <br />2. IN THE EVENT OF ANY CONFLICT, INCONSISTENCY, VARIANCE, OR CONTRADICTION BETWEEN <br />THE PROVISIONS OF THIS AMENDMENT AND ANY OF THE PROVISIONS OF THE ORIGINAL DEED OF <br />TRUST, THE PROVISIONS OF THIS AMENDMENT SHALL IN ALL RESPECTS SUPERSEDE, GOVERN, <br />AND CONTROL. <br />Attachment D to Contract C150087 Amendment 1 <br />