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_ , ..~ <br />of the Loan. <br />5. Debtor shall not sell, transfer, assign, give, or otherwise dispose of any of the Fund or <br />any interest thereon as long as this Assignment is in effect. <br />6. The modification or waiver of any of Debtor's obligations or Secured Party's rights <br />under this Assignment must be contained in a writing signed by Secured Party. A <br />waiver on one occasion shall not constitute a waiver on any other occasion. <br />7. The rights and remedies of the Secured Party stated in this Assignment are in addition <br />to any other rights the Secured Party may have under the Loan Contract or any law. <br />8. This Assignment shall be binding upon Debtor and its successors, assigns, trustees, <br />and receivers. <br />9. This Assignment shall be construed in accordance with the laws of the State of <br />Colorado. <br />10. The Debtor and Secured Party specifically request MBIA Inc. to honor and accept this <br />Assignment and its terms. <br />Dated this 28t" day of December, 2006. <br />~ <br />~ e tor: The Dolores Water Conservancy <br />, ct g by and through the Dolores <br />a ~ ancy District Water Activity <br />~~ nter rise <br />P <br />~ , <br />By ~ ~ ~Y - ~ <br />D ald W. Schwindt, President <br />SEAL <br />ATTEST• <br />By <br />es C. Fisher, ecretary <br />Appendix C to Loan Contract C150058A Amendment No. 2 <br />