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8. This Note is issued pursuant to the Loan Contract between the CWCB and the <br />Borrower, and Borrower's Ordinances No. 2003-18 and 2003-70 (the "General <br />Ordinance°) and 2007-30 (the "2007 CWCB Series Ordinance") (collectively, the <br />"Orctinances"). Reference is hereby made to the Loan Contract and the Ordinances <br />fo� a description of the provisions, terms and conditions upon which this Note is issued <br />and secured, including, without limitation, the nature and extent of the security for this <br />Note, provisions with respect to the custody and application of proceeds hereof, the <br />collection and description of the revenues and moneys charged with and pledged to <br />the payment hereof, and also the rights and remedies of the CWCB. <br />This Note is also issued pursuant to the Supplemental Public Securities Act, Part 2 of <br />Article 57, Title 11, C.R.S., and this recital shall be conclusive evidence of the validity <br />and the regularity of issuance of this Note after its delivery for value. The Loan <br />Contract and Ordinances grant additional rights to the CWCB. <br />9. 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 <br />BoRROwER shall be considered in default for purposes of this Promissory Note. <br />10. 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 any <br />bankruptcy or similar proceedings, costs of collection shall include all costs and <br />attorney fees incurred in connection with such proceedings, including the fees of <br />counsel for attendance at meetings of creditors' committees or other committees. <br />11. This Note shall be governed in all respects by the laws of the State of Colorado. <br />BORROWER: City of Aurora, acting by and <br />through its Utility Enterprise <br />(SEAL) <br />By <br />Edwar J. Tauer, ayor <br />Attest: <br />By <br />Debra John n, City Clerk <br />Appendix A to Loan Contract C150243 <br />