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secure the prompt payment of ail amounts that may become due hereunder. Said <br />security interests are evidenced by a Deed of Trust ("Security Instrument") of even <br />date and amount and cover certain real property of the BORROWER The LoAN <br />CoNTRacT and Security Instrument grant additional rights to the CWCB, including the <br />right to accelerate the maturity of thi5 Note in certain events. <br />9. If any annual payment is not paid when due or any default under the LoaN CoNT�a,cT <br />or the Security Instruments securing this Note occurs, the CWCB may declare the <br />entire outstanding principal balance of the Note, all accrued interest, and any <br />outstanding late charges immediately due and he date of defaultnThe CWCB shall <br />bear interest at the rate of 7% per annum from <br />give the BoRROwER written notice of f a such l not ce before he Bo RowER shall be <br />within thirty (30) days of receipt o <br />considered in default for purposes of this Promissory Note. <br />10 <br />11 <br />The BoRROwER and any co-signer or guarantor hereby agree that if this Note or <br />interest thereon is not paid when due or if suit is brought, then it shall pay all <br />reasonable costs of collection, including reasonable attorney fees. In the event of <br />any bankruptcy or similar proceedings, costs of collection shall include all costs and <br />attorney fees incurred in connecti 't proceedings, including the fees of <br />counsel for attendance at meetings <br />' mmittees or other committees. <br />. This Note shall be governed in all respect I s of the State of Colorado. <br />�� g , i red L. Rothe, a Colorado <br />individual <br />� ,, ' �. . .: . .� �i ; _ <br />_� <br />County of Morgan <br />State of Colorado <br />Mildred L. <br />Rothe acknowledged <br />`��.�� �3 - <br />) <br />) SS <br />) <br />oregoing inst ment re me this date of <br />2004. W itness �ial seal. <br />ry Public <br />expires ��r� � av°5 <br />Page 2 of 2 <br />