Laserfiche WebLink
<br />7. The rights and remedies of the Lender stated in this Assignment are in addition to any other <br />rights the Lender may have under the Loan Contract or any law. <br /> <br />8. This Assignment shall be binding upon Owner and its successors, assigns, trustees, and <br />receivers. <br /> <br />9. This Assignment'Shall be construed in accordance with the laws of the State of Colorado. <br /> <br /> <br />10. The Owner and Lender specifically request the Bank to honor and accept this Assignment and <br />its terms. <br /> <br />Executed this 1L~ay of r ul(} 1997. <br /> <br />Upper Yampa Water Conservancy District ~ <br /> <br />By ~~~~~~ ~. <br />'. ames D. Funk, President ~'\;y <br /> <br />\~1 <br /> <br />By <br /> <br />ACKNOWLEDGMENT BY NORWEST BANK <br /> <br />Norwest Bank ("Bank") has received a copy of the foregoing Assignment, and agrees that, upon <br />notice from the Colorado Water Conservation Board ("CWCB") that Upper Yampa Water <br />Conservancy District is in default under its Loan Contract with the CWCB and that the CWCB is <br />exercising its right under the Assignment to withdraw funds contained in the Certificate of Deposit, <br />the Bank shall pay such funds directly to the CWCB until advised otherwise. <br /> <br />Norwest Bank <br /> <br />By ~~~ <br />Printed Name (!Jan'ce f)e.c:wt) <br />Title <br />Date -; - I / - 9 '7 <br />, <br /> <br />Clarice Dean <br />Personal Banker <br />