C150220 Contract

• Contract/PO #: C150220
• Contractor Name: Abbott Ranch
• Contract Type: Loan
• Water District: 1
• County: Elbert
• Loan Projects - Doc Type: Contract Documents

immediately due and payable, and the indebtedness shall bear interest at the rate of 7% per
annum from the date of default. The CWCB shall give the BORROWER written notice of any
alleged default and an opportunity to cure within thirty (30) days of receipt of such notice
before the BORROWER shall be considered in default for purposes of this Promissory Note.

9. The BORROWER and any co-signer or guarantor hereby agree that if this Note or interest
thereon is not paid when due or if suit is brought, then it shall pay all reasonable costs of
collection, including reasonable attorney fees. In the event of any bankruptcy or similar
proceedings, costs of collection shall include all costs and attorney fees incurred in connection
with such proceedings, including the fees of counsel for attendance at meetings of creditors'
committees or other committees.

10. This Note shall be governed in all respects by the laws of the State of Colorado.

BORROWER: Jane Abbott, a Colorado
individual

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County of G-~

By

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/,' Jane Abbott

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State of Colorado )

Jane Abbott acknowledged the foregoing instrument before me this date of ~rr: ~
2006. Witness my hand and official seal. r-=/2..,. '~/}. ~ /A /A /
~~t (~NotaryPUbliC

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