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C150373 Contract
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C150373 Contract
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Last modified
2/17/2015 8:21:39 AM
Creation date
12/13/2013 10:47:52 AM
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Template:
Loan Projects
Contract/PO #
CT2015-035
C150373
Contractor Name
Big Thompson and Platte River Ditch Company
Contract Type
Loan
Water District
4
County
Larimer
Loan Projects - Doc Type
Contract Documents
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the CWCB, including the right to accelerate the maturity of this PROMISSORY NOTE in certain <br /> events. <br /> 8. If any annual payment is not paid when due or any default under the LOAN CONTRACT or the <br /> Security Instruments securing this PROMISSORY NOTE occurs, the CWCB may declare the <br /> entire outstanding principal balance of the PROMISSORY NOTE, all accrued interest, and any <br /> outstanding late charges immediately due and payable, and the indebtedness shall bear <br /> interest at the rate of 7% per annum from the date of default. The CWCB shall give the <br /> BORROWER written notice of any alleged default and an opportunity to cure within thirty (30) <br /> days of receipt of such notice before the BORROWER shall be considered in default for <br /> purposes of this PROMISSORY NOTE. <br /> 9. The BORROWER and any co-signer or guarantor hereby agree that if this PROMISSORY NOTE or <br /> interest thereon is not paid when due or if suit is brought, then it shall pay all reasonable costs <br /> of collection, including reasonable attorney fees. In the event of any bankruptcy or similar <br /> proceedings, costs of collection shall include all costs and attorney fees incurred in connection <br /> with such proceedings, including the fees of counsel for attendance at meetings of creditors' <br /> committees or other committees. <br /> 10. This PROMISSORY NOTE shall be governed in all respects by the laws of the State of Colorado. <br /> BORROWER: Big Thompson and Platte River <br /> Ditch Company, a Colorado nonprofit <br /> corporation <br /> (S E A L) <br /> By _ <br /> iC <br /> Signature <br /> Attest: <br /> NAME: (- -- _ I<Q on one f Z <br /> TITLE: Pres■ cX2.tAt- <br /> DATE: V VI( ¢' 61) �� _...01 d_ / z . <br /> By <br /> Signature <br /> NAME: ∎10 L"v\ Ki J eGt„ <br /> TITLE: SC C�4•2 'y <br /> DATE: V-\,/41/ <br /> Appendix 2 to Loan Contract C150373 <br /> Page 2 of 2 <br />
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