Laserfiche WebLink
8. If any annual payment is not paid when due or any default under the Loa�v CotvTRacr or <br />the Security Instruments securing this Note occurs, the CWCB may declare the entire <br />outstanding principal balance of the Note, all accrued interest, and any outstanding late <br />charges immediately due and payable, and the incfebtedness shall bear interest at the <br />rate of 7% per annum from the date of default. The CWCB shall give the BoRROwER <br />written notice of any al(eged default and an opportunity to cure within thirty (30) days <br />of receipt of such notice before the BoRROwER shall be considered in default for <br />purposes of this Promissory Note. <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 a(I reasonable costs <br />of collection, including reasonable attomey fees. In the event of any bankruptcy or <br />similar proceedings, costs of collection shall include all costs and attomey fees incurred <br />in con.nection with such proceedings, including the fees of counsel for attendance at <br />meetings of creditors' committees or other committees. <br />10. This Note shall be govemed in all respects by�the laws of the State of Colorado. <br />M ::: �SEAL} <br />- :.>z,���, <br />_�` �� �, ,,,.� <br />.. � <br />•.� 6 � � £ <br />A � � e��'��S ; <br />a <br />:..Att���t : .-�- . � w , � <br />n�_ .�. <br />w. � �� �, � <br />r <br />� e .r ..'?� R �'� � <br />. �, <br />E� � ' ii+ � <br />rs7v s�eas � '~ <br />—.�, <br />��eg 1iV'ci� ` etary-Treasurer <br />BORROWER Henry Bolen Ditch Company, <br />a Colorado nonprofit corporation <br />B" r <br />�� <br />aymond Keith, President <br />Page 2 of 2 <br />