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principal balanve of the Note, ali acaued irrterest, and any outstanding late charges <br />immediately due and payable, and the indebtedness shall bear interest at the rate of 7°�6 per <br />annum from the date of defau�. The CWCB shall give the BoRROwErt written notice of any <br />alleged default and an opportunity to cure within thirty (30) days of receipt of such notice <br />before the BoRROwER shall be considered in default for purposes of this Promissory Note. <br />9. The BortROw�x and any co-signer or guaraMor hereby agree tha� if this Note or i�terest <br />the�eon is not paid wt�► due or if suit is txougM, then it shall pay all reasonable oosts of <br />colledion, induding reasonable attomey fees. In ihe event of any bar�fuuptcy cr sirr„lar <br />proceedings, oosts of collection shaN indude aN costs and atfiomey fees inarred 'n connedion <br />with such qrooeedings, ir�ctuding the fees of cbur�sel for attendanc�e at � of cx�editors' <br />oommittees or other committees. <br />10. This Note shaH be govemed in aM nespects by the laws of the Sta�ee of Cdaado. <br />(SEAL) <br />Attest: <br />By <br />Robert E. Espinosa, ary-Treasurer <br />Appendix 2 to Loan Contract C150303 <br />Page 2 of 2 <br />BoRROwER: Trinct�era Irrigation Company, a <br />Colorado nonproflt oorporatior► <br />