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8. This Assignment shali be binding upon Debtor and its successors, assigns, trustees, and <br />receivers. <br />9. This Assignment shall be construed in accordance with the laws of the State of 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 December 10, 2002. <br />~~ <br />~ <br />~ h ~I9~Is Vater Conservancy District, acting by <br />~ ~. ~ ~trfbugh the Dolores Water Conservancy <br />~ <br />~~ District Water Activ't Enterprise <br />Y <br />S E A L By ~a~f/ ~~ ~b <br />Donald W. Schwindt, President <br />Attest: <br />By ~ <br />' y F inart, Secretary <br />