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<br />" <br /> <br />2. Are any of the above liabilities now in default, or been in default at any time in the past? <br />YES NO X-. If YES, please give detailed explanation. <br /> <br />3. Please provide a summary of all revenues received during the last two fiscal years by category <br />(such as service charges, tap fees, assessments, etc.). Company revenues are detailed in the <br />Financial Statements which have heretofore been submitted. <br /> <br />4. Please provide a brief narrative description of sources of funding, in addition to the CWCB, <br />which have been explored for this project (Examples would be Banks, Rural Development, <br />NRCS, Colorado Water Resources and Power Development Authority, Colorado Division of <br />Local Government, etc.). Private Commercial loans <br /> <br />5. What collateral will you be offering for this loan? Possibilities include the project itself, pledge <br />of revenues, real estate, and water rights. We will provide water rights to secure the loan. <br />The loan will also be guaranteed by Trollco. Inc. <br /> <br />The above statements are true, to the best of my knowledge: <br />Signature of APPli~ <br />By ~ <br />Printed Name Martin Lind <br /> <br />Title <br />Date <br /> <br />President <br /> <br />February . 2004 <br /> <br />\water conservation loan\Construction Fund Loan Application Trolko, lnc tom. doc <br /> <br />5 <br />