Laserfiche WebLink
<br />\ III 11111 \\1\11 \ 11\\11\ III 11111\ III 1111 1\ II t~~~~~~~: 36~ <br /> <br />ChrisC.Munoz PuebloCtyClk&Rec AM TO R 11.00 <br /> <br />AMENDMENT No.1 TO DEED OF TRUST <br /> <br />Date: November 1 , 2003 <br /> <br />Grantor (Borrower): Arkansas Groundwater Users Association <br /> <br />Beneficiary (Lender): Colorado Water Conservation Soard <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Date of Deed of Trust: March 6, 1998 <br /> <br />Recording Date of Deed of Trust: March 16, 1998 <br /> <br />County of Recording ("County"): Pueblo <br /> <br />Deed ofTrust Recording Information: 1209163 (3 pages) S3096 P822-824 <br /> <br />Loan Contract: C153808, dated February 24,1998, <br />amended November 1, 2003 <br /> <br />Promissory Note: $600,872.67,3%,35 Years, dated November <br />1, 2003 <br /> <br />This Amendment to the Deed of Trust is between the Gl'!:lntor and the Public <br />Trustee of Pueblo County, State of Colorado. <br /> <br />The Original Deed of Trust was . recorded to secure repayment of the <br />indebtedness evidenced by Loan Contract and Promissory Note between the Grantor <br />and the Beneficiary. <br /> <br />Based upon Grantor's financial difficulties due to the drought, the CWCS <br />deferred Grantor's annual loan payments for the years 2002 and 2003, which deferrals <br />resulted in a new repayment schedule and a different annual payment amount. <br /> <br />Grantor and Beneficiary have agreed to amend the Original Deed of Trust to <br />reflect the revised annual loan payment amount and repayment schedule. <br /> <br />NOW THEREFORE, the CWCS and Grantor agree that: <br /> <br />1. The second full paragraph of the Original Deed of Trust is hereby amended to read <br />as follows: <br /> <br />The Grantor has executed a Promissory Note dated November 1, 2003, to secure the <br />repayment of the indebtedness evidenced by Contract No. C153808 dated February <br />24, 1998 and amended on November 1, 2003 for the total principal sum of <br />$600,872,67, to be repaid to the State of Colorado for the use and benefit of the <br />Department of Natural Resouices, Colorado Water ConserVation Soard ("CWCS") <br />the beneficiary herein, whose address is 1313 Sherman Street, Room 721, Denver, <br /> <br />Appendix C to Loan Contract C153808 Amendment No.1 <br />