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9L <br />CWCB to secure the prompt payment of all amounts that may become due <br />hereunder. Said security interests are evidenced by Deeds of Trust ( "Security <br />Instruments') of even date and amount and cover certain revenues, real <br />property, water rights and/or accounts of the BORROWER. The LOAN CONTRACT <br />and Security Instruments grant additional rights to the CWCB, including the <br />right to accelerate the maturity of this Note in certain events. <br />9. If any annual payment is not paid when <br />CONTRACT or the Security Instrul <br />may declare the entire outstandi <br />interest, and any outstanding lal <br />the indebtedness shall bear inter <br />of default. The CWCB shall give <br />default and an opportunity to <br />notice before the BORROWER s <br />this Promissory Note. <br />or any default under the LOAN <br />g this Note occurs, the CWCB <br />alagpe of the Note, all accrued <br />___ 1 due and payable, and <br />per annum from the date <br />V, <br />notice of any alleged <br />h thirty (30) days of receipt of such <br />considered in default for purposes of <br />10. The BORROWER and any co- signer or guarantor hereby agree that if this Note <br />or 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 <br />of any bankruptcy or similar proceedings, costs of collection shall include all <br />costs and attorney fees incurred in connection with such proceedings, including <br />the fees of counsel for attendance at meetings of creditors' committees or other <br />committees. <br />11. This Note shall be governed in all respects by the laws of the State of <br />Colorado. <br />BORROWER: Tom C. <br />(SEAL) <br />By. <br />��r -a,� eat` URPHY <br />State of Colorado' <br />County of 00, M <br />The foregoing instrument was a w edged before n <br />2008, by Tom C. Hill, 1rado i dividual. Witness my <br />+ A <br />�0 TARA- <br />dl!� <br />My commission <br />My Commission Expires 02/16/2011 <br />Tom C. UBt_�C TRUSTEE <br />MONTROSE COUNTY CO <br />on , <br />nd and offici seal. <br />Appendix A to Loan Contract C150233 <br />