HomeMy WebLinkAbout20-105 Amendment to Subdivision Agmt Cottonwood Hollow Fling No. 1 10-28-20204653269 11/20/2020 12:53 PM
Total Pages: 3 Rec Fee: $23.00
Carly Koppes - Clerk and Recorder, Weld County, CO
When recorded return to:
FIRST AMENDMENT TO SUBDIVISION AGREEMENT
(Cottonwood Hollow, Filing 1)
THIS FIRST AMENDMENT TO SUBDIVISION AGREEMENT ("First Amendment') is made
and entered into this jbVy of q&tMbW , 2020, With reference to that certain SUBDIVISION
AGREEMENT for Cottonwood Hollow, Filing 1 by and between the TOWN OF FIRESTONE, a
Colorado municipal corporation ("Town"), and Mortgage Consultants, LLC, a Colorado limited liability
company ("Subdivider'), which Agreement was recorded May 1, 2019 as Reception No. 4485835 in the
Office of the Weld County Clerk and Recorder ("Agreement I).
WHEREAS, the Town and Subdivider desire to amend certain terms of the Agreement.
NOW THEREFORE, in consideration of the recitals, promises, covenants and undertakings herein set
forth, and other good and valuable consideration, which is hereby acknowledged and receipted for, the
Town and Subdivider agree as follows:
1. Subdivider is under contract to sell the platted lots in the Subdivision to Melody Homes,
Inc. ("Melody"). Provided that Melody or Melody's assignee Forestar (USA) Real Estate Group Inc.
closes on the acquisition of the lots pursuant to that contract, Section 1.3(b) of the Agreement is amended
to change the date "October 1, 2020" to "October 1, 2021".
2. Sections 1.7 and 1.8 are amended to change "one (1) year" to "two (2) years".
3. Section 4.1 is amended to reference Exhibit D instead of Exhibit E, and Exhibit D is
amended to remove Tract F. Subdivider shall convey Tract B, C, D, F, H, J, M through Q, S and T to the
Cottonwood Hollow Residential Metropolitan District within five (5) days after the effective date of this
First Amendment by special warranty deed.
4. Within five (5) days after the effective date of this First Amendment, Subdivider shall
execute and record a correction deed for Tracts E, K and L in a form satisfactory to the Town.
5. In the event of any conflict between the terms of this First Amendment and the terms of
the Agreement, the terns of this First Amendment shall control.
6. Except as amended by this Fast Amendment, the Agreement shall remain in full force and
effect in accordance with its terms.
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IN WITNESS WHEREOF, the Town and Subdivider have executed this First Amendment to
Subdivision Agreement as of the day and year first above set forth.
O TA OF F-PUST6AE, COLORADO
/ � r
By:
own Clerk
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Page 3 of 3
SUBDIVIDER:
MORTGAGE CONSULTANTS, LLC
a Colorado cor-Dwation
By:
Name:
Its:
STATE OF COLORADO
ss
COUNTY OF ftLt -,ww>°
The above and foregoing signature of h2n6YAuf
Mortgage Consultants, LLC, was subscribed and sworn to before me thiStJilay of
Kk),�cMW,k/- , 2020.
Witness my hand and official seal.
My commission expires on: 0` j 631')Z7—q
(SEAL)
Notary Public
BIANCA L. AKERS
NOTARY PUBLIC
STATE OF COLORADO
NOTARY ID 20204026615
MY COMMISSION EXPIRES AUGUST 3, 2024
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