AMENDMENT TO
the
DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS
for 
Mill Iron 5 Ranch Estates Subdivision

JUNE 15, 2000

James T. McDowell, Jr. is the Declarant pursuant to the Declaration of Covenants, Conditions and Restrictions ("Declaration") for Mill Iron 5 Ranch Estates Subdivision ("Subdivision") recorded in the records of Weld County, Colorado, on August 9, 1999, at Reception No. 2712736. James T. McDowell, Jr., Ronald L. Schott and Nancy A. Schott are the owners of all of the lots in the Subdivision. Home State Bank is the holder of a mortgage or deed of trust encumbering certain of said lots. The undersigned hereby amend the Declaration pursuant to Section 7.2 of the Declaration as follows:

1.  The "Plat," as such term is defined in the Declaration, is hereby deemed to be the Plat recorded in the records of Weld County, Colorado, on July 1, 1999, at Reception No. 2703908, as modified by the Replat of Lots 1, 2, 3, 4, 5, and 6 Mill Iron 5 Ranch Estates recorded in the records of Weld County, Colorado, on June 2, 2000, at Reception No. 2772239, and excluding all of that certain real property shown as Tract "B" on the Replat of Tracts A and B Mill Iron 5 Ranch Estates recorded in the records of Weld County, Colorado, on June 2, 2000, at Reception No. 2772240.

2.  The "Property," as such term is defined in the Declaration, is hereby deemed to be that certain real property situate in the Town of Milliken, Weld County, Colorado, described on Exhibit A hereto, and incorporated herein by this reference.

3.  The first sentence of Section 2.4 of the Declaration is hereby deleted, as the following sentence substituted in its place:

"Common Facilities" shall refer to the ditches, the common open space, the entrance area (including a sign and landscaping), and the landscaping and fence and other commonly owned real property and improvements thereon as located and shown on the Plat.

4.  The first two sentences of Section 3.3 of the Declaration are hereby deleted, and the following sentences substituted in their place:

Easements for the installation and maintenance of utilities, landscaping, drainage facilities, and any Common Facilities are reserved as shown on the Plat, or as may be recorded at a later date. Within these easements, no structure, planting or other materials shall be placed or permitted to remain which may damage or interfere with the installation and maintenance of utilities or other Common Facilities, which may change the direction of flow of drainage channels in the easements, or which adversely affects landscaping installed by the Developer.

5. Section 3.12 of the Declaration is hereby deleted in its entirety.

EXHIBIT 'A'

PROPERTY DESCRIPTION FOR Covenants (Mill Iron S Ranch Estates):
Lots 7 through 31 inc1usice, Tracts C and D, MILL IRON S RANCH ESTATES to the Town of Milliken, County of Weld, State of Colorado according to the Final Plat of said MILL IRON S RANCH ESTATES as recorded on July 1. 1999 at Reception No. 2703908, records of Weld County Clerk and Recorder;

ALSO:

Lots 1 through "5 inclusive, REPLAT OF LOTS 1. 2. 3, 4, 5 1'\ND 6, MILL IRON 5 RANCH ESTATES to the Town of Milliken, County of Weld. State of Colorado according to the Final Plat of said REPLAT OF LOTS 1, 2, 3. 4, S AND 6, MILL IRON 5 RANCH ESTATES u recorded on June 2, 2000 at Reception No. 2772239;

ALSO:

Tract A, REPLAT OF TRACTS A AND B, MILL IRON S RANCH ESTATES to the Town of Milliken, County of Weld, State of Colorado according to the Final Plat of said REPLAT OF TRACTS A AND B, MILL IRON 5 RANCH ESTA1ES as recorded on June 2, 2000 11 Reception No. 2772240

The entire property being more particularly described as follows:
BEGINNING at the Southwest comer of Lot 15. Mill Iron S Ranch Estates; thence along the West line of said Mill Iron 5 Ranch Estates North 00'"34'44" West 1741.65 feet to the Northwest corner of Lot 1, of said Mill Iron 5 Ranch Estates; said point bei~8 on the Southerly right of way line of Weld County Road No. 52; thence along said Southerly right of way line North 89°54'42" East 1213.17 feet and again North 89°54'20" East 1241.38 feet; thence departing said Southerly right of way line South 00° 13 '27" West 8.16 feet; thence South 50°51'35" West 509.46 feet; thence South 34°04'02" East 439.35 feet; thence South 84°33'13" East 177.08 feet:; thence North 00°13'27" East 710.55 feet, more or less, to. point on the Southerly right of way line of said Weld County Road No. 52; thence along said Southerly right of way line North SgoS4'20" East 9.72 feet to I point on the East line of the plat of said Mill Iron S Ranch Estates; thence along said East " line South 00037'42" West 1176.78 feet to the Southeast corner of Lot 28 of said Mill Iron 5 Ranch Estates; thence along the South line of Tract A, Replat Of Tracts A And B, Mill Iron 5 Ranch Estates North 89°16'2T' East 2457.33 feet to the Southwest corner of Lot 1 S of said Mill Iron S Ranch Estates and the POINT OF BEGINNING.