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8. If any annual payment is not paid when due or any default under the LoAN CoNTw4cT or the <br />Security Instruments securing this Note occurs, the CWCB may declare the entire <br />outstanding principal balance of the Note, all accrued interest, and any outstanding late <br />charges immediately due and payable, and the indebtedness shalf bear interest at the rate <br />of 7% per annum from the date of default. The CWCB shall give the BORROWER written <br />notice of any alleged default and an opportunity to cure within thirty (30) days of receipt of <br />such notice before the BORROWER shatl be considered in default for purposes of this <br />Promissory Note. <br />� <br />10. <br />The BORROwER and any co-signer or guarantor hereby a r t if this Note or interest <br />thereon is not paid when due or if suit is brought, then it sh II pa all reasonable costs of <br />collection, including reasonable attorney fees. the event f a bankruptcy or similar <br />proceedings, costs of collection sh I include costs an orney fees incurred in <br />connection with such proceedings nclu g the fe of counsel for attendance at meetings <br />of creditors' committee other c mmitte s. <br />This Note shall be ve ed in all re cts by the laws of the State of Colorado. <br />BORROWER' WRCC I <br />. :�. <br />�SE �J> <br />�.�-�".�, ;.i ° L, j l;�'` °l,���Aj` <br />a�, <br />Attest: � ;,.:; d � <br />+w <br />� �. <br />I <br />By r. .0 i" � �` <br />Donn '."C�t� ; Secretary <br />. , nc. <br />By <br />Bar D. Anderson, President <br />Appendix 2 to Loan Contract C150302 <br />Page 2 of 2 � <br />