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<br />) . <br /> <br />LOAN CONTRACT and Security Instruments grant additional rights to the CWCB. <br /> <br />8. The CWCS shall give the BORROWER written notice of any alleged default and an <br />opportunity to cure within thirty (30) days of receipt of such notice before the BORROWER <br />shall be considered in default for purposes of this Promissory Note. <br /> <br />9. The BORROWER and any co-signer or guarantor hereby agree that if this Note or interest <br />thereon is not paid when due or if suit is brought, then it shall pay all reasonable costs of <br />collection, including reasonable attorney fees. In the event of any bankruptcy or similar <br />proceedings, costs of collection shall include all costs and attorney fees incurred in connection <br />with such proceedings, including the fees of counsel for attendance at meetings of creditors' <br />committees or other committees. <br /> <br />Attest: <br /> <br /> <br />10. This Note shall be governed in all respects by the laws of the State of Colorado. <br /> <br />BORROWER: Town of New Castle acting by <br />and through the Town of New Castle Water <br />and Sewer Enterprise <br /> <br /> <br />By <br /> <br />" <br /> <br />Page 2 of 2 <br />