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e <br />assessments for repayment of the loan, and to execute documents necessary <br />to convey a security interest in said assessments and real property to the <br />CWCB. <br />c. Amended Security Agreement, attached hereto as Attachment C and <br />incorporated herein, which shall supplement and operate in conjunction with the <br />Security Agreement dated May 1, 2002 8tt8Ch@d t0 th2 ORIGINAL CONTRACT 8S <br />Appendix 4. <br />d. Amended Deed of Trust, attached hereto as Attachment D and incorporated <br />herein, which shall supplement and operate in conjunction with the Deed of <br />Trust dated May 1, 2002, attached to the ORi�iNA� CotvTRa,cT as Appendix 5. <br />6. The parties agree that the ORi�iNa,� CoNr�cT, is and shall be modified, altered, <br />and changed in the following respects oniy: <br />a. The first sentence of Paragraph A.2, Interest Prior to Project Completion, shall <br />be amended to read as foliows: "As the loan funds are disbursed by the CWCB <br />t0 th2 BORROWER interest shall accrue as follows: (1) at the rate of 3.25% on <br />the first $100,000 disbursed, and (2) at the rate of 2.75% on the remaining <br />$50,000." <br />b. Section 3 of the Project Summary, attached to the Original Contract as <br />Appendix 1, is amended by the addition of the paragraph: "At its November <br />2002 meeting, the CWCB approved increasing this loan by $50,000 for a total <br />loan amount of up to $50,000, to finance up to 76% of the total Project cost. <br />The terms for the additional $50,000 loan amount are an interest rate of 2.75% <br />per annum and a repayment period of 30 years." <br />7. Except for the SPECIAL PROVISIONS in the event of any conflict, inconsistency, <br />variance, or contradiction between the provisions of this Amendment and any of <br />fhG pl'OVISIOIIS Of th@ ORIGINAL CONTR4CT the provisions of this Amendment shall in <br />all respects supersede, govern, and control. The SPecia� PROVisioNS shall always <br />be controlling over other provisions in the contract or amendments. The <br />representations in the SPecia� PROwsioNS concerning the absence of bribery or <br />corrupt influences and personal interest of STare employees are presently <br />reaffirmed. <br />8. Financial obligations of the state payable after the current fiscal year are contingent <br />upon funds for that purpose being appropriated, budgeted, and otherwise made <br />available. <br />9. This amendment shall not be deemed valid or effective until it shail have been <br />approved by the controller of the State of Colorado or such assistant as he may <br />designate. <br />Page 3 of 4 <br />