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SPENCER FANE <br /> BRITT & BROWNE it <br /> Attorneys&Counselors at Law <br /> State of Colorado <br /> February 26, 2014 <br /> Page 2 <br /> resulting from, bankruptcy, insolvency, moratorium, reorganization, debt adjustment, or similar <br /> laws affecting creditor's rights generally (creditor's rights limitations), heretofore or hereafter <br /> enacted. <br /> This opinion is rendered on the basis of the law of the State of Colorado as enacted and <br /> construed on the date hereof. We express no opinion as to any matter not set forth in the <br /> numbered paragraphs herein. <br /> SPENCER FANE BRITT & BROWNE LLP <br /> 1,44e6,7{Lte <br /> 7 - r <br /> DN 955359.1 <br />