CT2015-109 Contract - Laserfiche WebLink

Home Browse Search

designated by SECURED PARTY, which is reasonably convenient to both parties. Expenses of retaking, holding, preparing for sale, selling or the like shall include SECURED PARTY'S reasonable attorneys fees and legal expenses. In the event of a conflict between the provisions of Section 11-57-208, Colorado Revised Statutes, as amended, and this Security Agreement,the provisions of such statute shall control. The SECURED PARTY shall give the DEBTOR written notice of any alleged default and an opportunity to cure within thirty(30) days of receipt of such notice before the DEBTOR shall be considered in default for purposes of this SECURITY AGREEMENT. No default shall be waived by SECURED PARTY except in writing, and no waiver by SECURED PARTY of any default shall operate as a waiver of any other default or of the same default on a future occasion. The taking of this SECURITY AGREEMENT shall not waive or impair any other security SECURED PARTY may have or hereafter acquire for the payment of the above indebtedness, nor shall the taking of any such additional security waive or impair this SECURITY AGREEMENT; but SECURED PARTY shall retain its rights of set-off against DEBTOR. In the event court action is deemed necessary to enforce the terms and conditions set forth herein, said action shall only be brought in the District Court for the City and County of Denver, State of Colorado, and DEBTOR consents to venue and personal jurisdiction in said Court. All rights of SECURED PARTY hereunder shall inure to the benefit of its successors and assigns; and all promises and duties of DEBTOR shall bind its successors or assigns. DEBTOR: Parker Water and Sanitation District acting by and through its Water Activity Enterprise (SEAL) Attest: Signor By /" Signature NAME:"-DP -L\ 190 941-P NAME: Y�-1 t hl-l s.C1-4Arl r�S CTl.N TITLE: TITLE: A-6-1 DATE: - DATE: Appendix 4 to Loan Contract C150410C Page 2 of 2