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<br />I <br /> <br /> <br />All rights of SECURED PARTY hereunder shall inure to the benefit of its s~ccessors and lSSignS; and <br />all promises and duties of DEBTOR shall bind its heirs. executors or administrators or its sLccessors or <br />assi!;Jns. If there be more than one DEBTOR. their liabilities hereunder shall be joint and sev~ral. <br />I <br />Executed this _ day of 1997. ; <br /> <br />DEBTOR: Colorado Water Protective and <br />Development Association, a Color~do nonprofit <br />corporation <br /> <br />By: <br /> <br />Wesley Eck. President <br /> <br />Joe Kelly, Secretary <br /> <br />:". <br />