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and cover certain revenues, real property, water rights and/or accounts of the BORROWER. <br />The LOAN CONTRACT and Security Instruments grant additional rights to the CWCB. <br />8. The CWCB shall give the BORROWER written notice of any alleged default and an <br />opportunity to cure within thirty (30) days of receipt of such notice before the BORROWER <br />shall be considered in default for 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 all reasonable costs of <br />collection, including reasonable attorney fees. In the event of any bankruptcy or similar <br />proceedings, costs of collection shall include all costs and attomey fees incurred in connection <br />with such proceedings, including the fees of counsel for attendance at meetings of creditors' <br />committees or other committees. <br />10. This Note shall be governed in all respects by the laws of the State of Colorado. <br />BORROWER: Town of Bennett, by and <br />through its Water Activity Enterprise <br />.~~:, <br />r°' F N ' <br />o. By ~~_'/~ <br />~~ ~~..- Sue Horn, Mayor <br />Attest: <br />By ~ ~ _, ~, '~,~ , <br />m Intermill, Tow lerk <br />Appendix 2 to Loan Contract C150262 <br />Page 2 of 2 <br />