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<br />on this Funding Agreement for its primary source of money for <br />repayment of the Loan and that the Company may use all legal means <br />available to collect from Funding Members any amounts in arrears. <br /> <br />13. This Agreement may be signed in counterparts and all signatures shall <br />be notarized. <br /> <br />14. The parties agree that the Company shall be the owner of the <br />Additions/lmprovements. The Parties also acknowledge that Members' <br />rights to use the head gate, the point of diversion and easements for the <br />Ditch that are pledged for use by the Company pursuant to the Bylaws of <br />the corporation, may be pledged by the Company to secure the Loan. <br /> <br />15. The parties agree that, if the Company is forced to default on the Loan <br />due to failure of the Members to pay assessments pursuant to this <br />Funding Agreement and the Bylaws, the Company may cease delivery <br />of water by closing the head gate and that this right may be pledged to <br />secure the Loan. <br /> <br />16. This Agreement is binding upon heirs, successors and assigns of the <br />parties. <br /> <br />IN WITNESS WHEREOF, the parties have caused this Agreement to be <br />executed as of the day and year first above written. <br /> <br />The Funding Members <br /> <br />for the Company <br /> <br />Richard Barker <br /> <br />Eric Lindgren, President <br /> <br />Bernard Bell <br /> <br />Russell Bodnar <br /> <br />Delia Brinton <br /> <br />Rodney Carriker <br /> <br />Judy Lane <br /> <br />Vincent Lee <br /> <br />Eric Lindgren <br /> <br />Dan Petersen <br /> <br />William Southworth <br /> <br />., <br /> <br />, ~'I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />