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<br />CWCB, including the right to accelerate the maturity of this Note in certain <br />events. <br /> <br />9. If any annual payment is not paid when due or any default under the LOAN <br />CONTRACT or the Security Instruments securing this Note occurs, the CWCB <br />may declare the entire outstanding principal balance of the Note, all accrued <br />interest, and any outstanding late charges immediately due and payable, and <br />the indebtedness shall bear interest at the rate of 7% per annum from the date <br />of default. The CWCB shall give the BORROWER written notice of any alleged <br />default and an opportunity to cure within thirty (30) days of receipt of such <br />notice before the BORROWER shall be considered in default for purposes of <br />this Promissory Note. <br /> <br />10. The BORROWER and any co-signer or guarantor hereby agree that if this Note <br />or interest thereon is not paid when due or if suit is brought, then it shall pay all <br />reasonable costs of collection, including reasonable attorney fees. In the event <br />of any bankruptcy or similar proceedings, costs of collection shall include all <br />costs and attorney fees incurred in connection with such proceedings, including <br />the fees of counsel for attendance at meetings of creditors' committees or other <br />committees. <br /> <br />11. This Note shall be governed in all respects by the laws of the State of <br />ColoracLQ___ <br />/'~('rDpV 1-"" <br />/' ,,, 01'.,U'\ rrQ " <br />/ <:;~\)_,,~"~\~<J_ \. <br />/' j,?\ ./r..... " -'/ .:;':) . <br />/ <i) /' ,,-;;.. <br />I ".' ./ '\ <br />. (.(\1~../ \ t;? \. <br />i :J $ E A~,)\ T \3 \ <br />\ ~{\ i) .Lu:~',;J_j J:~ J <br />Atte~.~/~.// <br />. C ' 0/ <br /> <br /> <br />William M. Blatchley, Secretary-Treasurer <br /> <br />BORROWER: Lower Sacramento <br />Creek Reservoir Company <br /> <br />~" {()t;w <br />By , . ~. . --- <br />/ George Oliver, President <br /> <br />Appendix A to Loan Contract C150195 Amendment No.1 <br />Page 2 of 2 <br />