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<br />immediately due and payable, and the indebtedness shall bear interest at the rate of 7% per <br />annum from the date of default. The CWCB shall give the BORROWER written notice of any <br />alleged default and an opportunity to cure within thirty (30) days of receipt of such notice <br />before the BORROWER 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 <br />connection with such proceedings, including the fees of counsel for attendance at meetings <br />of creditors' committees or other committees. <br /> <br />10. This Note shall be governed in all respects by the laws of the State of Colorado. <br /> <br />Stieb Bros., Inc., a Colorado corporation <br /> <br />r"t 1 ,~-.,. <br />,~ S,E-'A b" <br />;~.,., _,' (1- ...........::.. <br /> <br />_ ~ ,:~!:; '~~io;~ <br /> <br /> <br />By <br /> <br />;3~j lu$ P;v..,. <br />Basil Stieb, President <br /> <br />.' , <br />Attest <br /> <br />\-.J - <br /> <br />'r.. <br /> <br /> <br />. -"L) <br /> <br />Page 2 of 2 <br />