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� � <br />principal balance of the Note, all accrued interest, and any outstanding late charges <br />immediately due and payable, and the indebtedness shail bear interest at the rate of 7% per <br />annum from the date of default. The CWCB shall give the BoRROwER 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 BORROWER and any co-signer or guarantor her b�+�agre hat this Note or interest <br />thereon is not paid when due or if suit is �i►;wre.fl'it, en it shall ay reasonable costs of <br />col�ection, including reasonable atto es. In event o bankruptcy or similar <br />proceedings, costs of coll tion sha nclud II costs d attorney fees incurred in connection <br />with such proceedi , in uding th ees counsel or attendance at meetings of creditors' <br />committees or other ttees. <br />10. This Note shall be gover d in all respects by the laws of the State of Colorado. <br />BORROWER: The Grand Mesa Reservoir <br />- Company, a Colorado nonprofit corporation <br />(SEAL) <br />Attest: <br />By r j.:tzX-- `� <br />Rod J. Bonnell, ecretary/Treasurer <br />Page 2 of 2 <br />�, �' %%=�!!! �. <br />� ,, . "- ,- . - <br />