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<br />9. The BORROWER, any guarantor, and any other person who is now or may hereafter become <br />primarily or secondarily liable for the payment of this Note or any portion thereof hereby <br />agree that if this Note or interest thereon is not paid when due or if suit is brought, then it <br />shall pay all reasonable costs of collection, including reasonable a fees. In the event <br />of any bankruptcy or similar proceedings, costs of co tion sha inc a all costs and <br />attorney fees incurred in connection with s oceeding includin he f es of counsel for <br />attendance at meetings of cred' s' com ees other c mittees. <br />10. This Note shall be governe I respect laws of the State of Colorado. <br />BORROWER: The Consolidated Mutual Water <br />Company, a Colorado nonprofit corporation <br />(SEAL) <br />By -- <br />Walter S. Welton, President <br />Attest: <br />By <br />Secretary-Treasurer <br />