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09/08/98 13:54 11303 866 4474 CWCB 003 <br /> 8_ This Assignment shall be binding upon Debtor and its successors, assigns, trustees, and <br /> receivers. <br /> 9. This Assignment shall be construed in accordance with the laws of the State of Colorado. <br /> 10. The Debtor and Secured Party specifically request the Bank to honor and accept this <br /> Assignment and its terms. <br /> Executed this 8th day of September 1998. <br /> The Eagle Park Reservoir Company, a <br /> Colorado nonprofit ditch and reservoir <br /> company <br /> I1 <br /> = - - - - - Richard D. acCutcheon, Vice-President <br /> By --. d_/ �-�i� <br /> Tamra Trwood, Corporate Secretary <br /> ACKNOWLEDGMENT BY BANK <br /> By its officers signature below,the o`r ki—ST 1.0_,(04-- (}Ct• ' & - ti <br /> ("Bank") acknowledges that it has received a copy of the foregoing Assignment and agrees that <br /> neither the Debtor nor anyone else (except Secured Party) has any right to withdraw any funds <br /> from the above-described Account listed above until the Secured Party releases this agreement <br /> in writing, except that,.at the Debtors request, the Bank shall allow the transfer of the annual <br /> Loan payment to Secured Party. The Bank acknowledges that the Account is a special deposit <br /> and that the funds deposited therein are to be used solely for Debtor's repayment to the <br /> Secured Party of the Loan, and waives any right of setoff it may have in and to the Account. <br /> Bank: <br /> By— c & �j�..,.•.. , r cQ-President . <br /> Printed Name &Title C`II-�vrT.-,r--± A. -1, V; Pros, <br /> Date- A le )ct a <br /> Attest: <br /> By �v:10 A/Q�� o <br /> p - <br /> e foregoing instrument was acknowledged before me this ( dll <br /> of <br /> �T � <br /> 6 by LA � =t P -.L - V e. s.�_ ; ' 0 'Q�� 0�L • <br /> Witness ny habd and official seal. °+, ®F co'P,- <br /> <<' <br /> ',rettet <br /> My Commissjum Fr gg � ti.�—� <br /> My commission expires: Notary ublic <br /> April 1, 2002 <br />