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9. This Assignment shall be construed in accordance with the laws of the State of Colorado. <br />10. The, Debtor and Secured Parry specifically request the Bank to honor and accept this <br />Assignment and its terms. <br />Executed this . day of 1997. <br />The Greeley and Loveland Irrigation <br />Company, a Colorado nonprofit corporation <br />A/11 <br />David Bernhardt, President <br />ATTEST: <br />By <br />orporate Secretary <br />ACKNOWLEDGMENT BY THE First Na inn 1 Rank of .Greeley <br />By its officers signature The FNRC ("Bank") acknowledges that it has received a copy of <br />the foregoing Assignment and agrees that neither the Debtor nor anyone else (except Secured <br />Party) has any right to withdraw any funds from the above-described Account Listed above until <br />the Secured Parry releases this agreement in writing, except that, at the Debtor's request, the <br />Bank shall electronically transfer the annual Loan payment in the amount of $2,778.31 to Secured <br />Party. The Bank acknowledges that the Account is a special deposit and that the funds deposited <br />therein are to be used solely for Debtor's repayment to the Secured Party of the Loan, and waives <br />any right of setoff it may have in and to the Account. <br />Bank First National $arik of Greeley <br />By ~.~ ,~~- Ulf' <br />-~ ,President <br />Senior Vice <br />Date ~ ~- ~.o Cl ~ <br />ATTEST: <br />By ~- . <br />