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grant additional rights to the CWCB. <br /> 8. The CWCB shall give the BORROWER written notice of any alleged default and an opportunity <br /> to cure within thirty (30) days of receipt of such notice before the BORROWER shall be <br /> considered in default for 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 /> 11. This Note is authorized pursuant to and in accordance with the Constitution of the State of <br /> Colorado and all other laws of the State of Colorado thereunto enabling. Specifically, but not <br /> by way of limitation, the Loan Contract is authorized by the Borrower pursuant to Title 32, <br /> Article 1, C.R.S. and Title 11, Article 57, Part 2, C.R.S. Pursuant to such statutes, the <br /> foregoing recital shall be conclusive evidence of the validity and the regularity of the issuance <br /> of this Note after its delivery for value, sally conclusively impart full compliance with all of the <br /> provisions of Title 32, Article 1, C.R.S., and this Note containing such recital shall be <br /> incontestable for any cause whatsoever after its delivery for value. <br /> ossmit►rrs <br /> ••%11?, & SAN j1# <br /> •••••e••••••••149 �s <br /> P� •• >"� BORROWER: Inverness Water and Sanitation <br /> a o:Ze <br /> � <br /> District, a Colorado Title 32 Special District <br /> �t 1 <br /> 3 <br /> (SEAL) <br /> Ae Gj d/ <br /> 3° `er 'y c, By <br /> ouzr—t‘ .11 Signature <br /> Attest: �', <br /> -1/811,110-° NAME: Ants .C( Gliet. vem <br /> TITLE: 4:e Stet al f' <br /> °Si D ATE: v(1/g/nnature <br /> NAME: C irle5 /2tf/(3 <br /> TITLE: 54:2-eI P tr y <br /> f <br /> DATE: ` f(L! <br /> Appendix 2 to Loan Contract C150409B <br /> Page 2 of 2 <br />