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PARTY may require DEBTOR to deliver or make the COLLATERAL available to SECURED PARTY at a place to be <br /> designated by SECURED PARTY, which is reasonably convenient to both parties. Expenses of retaking, <br /> holding, preparing for sale, selling or the like shall include SECURED PARTY'S reasonable attorney's fees and <br /> legal expenses. <br /> The SECURED PARTY shall give the DEBTOR written notice of any alleged default and an <br /> opportunity to cure within thirty(30) days of receipt of such notice before the DEBTOR shall be considered <br /> in default for purposes of this SECURITY AGREEMENT. No default shall be waived by SECURED PARTY except <br /> in writing, and no waiver by SECURED PARTY of any default shall operate as a waiver of any other default or <br /> of the same default on a future occasion. The taking of this SECURITY AGREEMENT shall not waive or impair <br /> any other security SECURED PARTY may have or hereafter acquire for the payment of the above <br /> indebtedness, nor shall the taking of any such additional security waive or impair this SECURITY AGREEMENT; <br /> but SECURED PARTY shall retain its rights of set-off against DEBTOR. In the event court action is deemed <br /> necessary to enforce the terms and conditions set forth herein, said action shall only be brought in the <br /> District Court for the City and County of Denver, State of Colorado, and DEBTOR consents to venue and <br /> personal jurisdiction in said Court. <br /> All rights of SECURED PARTY hereunder shall inure to the benefit of its successors and <br /> assigns; and all promises and duties of DEBTOR shall bind its successors or assigns. <br /> DEBTOR: Denver Southeast Suburban Water& <br /> Sanitation District a Colorado Title 32 Special <br /> District, acting by and through its Water Activity <br /> Enterprise <br /> (S E A L) <br /> Byqo <br /> Attest: Signatur <br /> By Veze�f8 <br /> Signature ( <br /> NAME: �'O 0 .11 r V r 4 Q 0-2 e- <br /> NAME: '04- e 1 � 11C tctG 1`a t t <br /> 1 TITLE: Q--,Let,' (M,a� <br /> TITLE: e r•2 `�a U 1 DATE: 3 `f( <br /> DATE: <br /> Appendix 4 to Loan Contract C150411D <br /> Page 2 of 2 <br />