CT2015-042 Filed DOT Amend 1

• Contract/PO #: CT2015-042
• Contract/PO #: C150322
• Contractor Name: Lake Canal Reservoir Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

RECEPTION#: 20160002442, 0111412016 at
11:16:13 AM,1 OF 2, R$16.00 TD Pgs: 0
Angela Myers, Clerk& Recorder, Larimer
County, CO
APPENDIX C,AMENDMENT No.1 TO LOAN CONTRACT No.CT2015-042(C150322)
AMENDMENT TO DEED OF TRUST
Date: December 9, 2015
Grantor(Borrower): Lake Canal Reservoir Company
Beneficiary (Lender): Colorado Water Conservation Board
Date of Deed of Trust: April 23, 2012
Recording Date of Deed of Trust: June 11, 2012
County of Recording ("County"): Larimer
Deed of Trust Recording Information: #20120038085
Loan Contract Number. CT2015-042 (C150322)
Promissory Note: $204,298.00, at the interest rate of 2.10%
for 30 years or until paid in full.
This Amendment to ORIGINAL DEED OF TRUST is between the Grantor and the Public
Trustee of the County, State of Colorado.
The ORIGINAL DEED OF TRUST was recorded to secure repayment of the indebtedness
evidenced by the LOAN CONTRACT and PROMISSORY NOTE between the Grantor and the
Beneficiary.
Grantor and Beneficiary have agreed to amend the ORIGINAL DEED OF TRUST to reflect
the increase in the total loan contract amount.
NOW THEREFORE, the CWCB and Grantor agree that:
1. This AMENDMENT TO DEED OF TRUST, APPENDIX C to AMENDMENT 1 to CONTRACT No.
CT2015-042 (C150322) shall supplement and operate in conjunction with the DEED
OF TRUST attached to the ORIGINAL CONTRACT as APPENDIX 5 and incorporated
herein by reference, recorded November June 11, 2012 reception number
20120038085, Larimer County.
2. The Grantor has executed a PROMISSORY NOTE, in the amount of $204,298.00 to
secure the repayment of the indebtedness, evidenced by LOAN CONTRACT No.
CT2015-042 and AMENDMENT No.1 to the ORIGINAL LOAN CONTRACT, to be repaid to
the State of Colorado for the use and benefit of the Department of Natural
Resources, Colorado Water Conservation Board ("CWCB") the beneficiary herein,
whose address is 1313 Sherman Street, Room 718, Denver, CO 80203, payable in
annual installments, in accordance with said PROMISSORY NOTE, or until the loan is
paid in full.
3. In the event of any conflict, inconsistency, variance, or contradiction between the
provisions of this amendment and any of the provisions of the original deed of trust,
m the provisions of this amendment shall in all respects supersede, govern, and
control.
cr 4. Any provisions of the original deed of trust not expressly modified herein remain in
W full force and effect.
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tjj CE a Appendix C to Amendment No.1
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