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C150363 Substantial Completion Letter
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C150363 Substantial Completion Letter
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Last modified
12/3/2014 4:19:46 PM
Creation date
11/13/2014 8:22:12 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C150363
CT2015-001
Contractor Name
Petrocco Family Limited Partnership, LLLP
Contract Type
Loan
Loan Projects - Doc Type
Project Completion Letter
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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,p y 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 /> BORROVVfER: Pet 1. co Fa "`y -r ited Partnership, <br /> LLLP,1a limited liabi ,,y i r''ed part -rship <br /> (S E A L) t 1► <br /> 4r %kcal" <br /> Attest: magna re <br /> NAME: David Petrocco, Sr. <br /> BY e.___ ka. '>11r + e C,.3, <br /> Sgnature TITLE: General Partner <br /> DATE: 111144/13 <br /> NAME: 7�F \ k.c C ct,: <br /> TITLE: A` rte e \-).;/ <br /> DATE: \ <br /> This Note is no longer secured* <br /> This Note' 1 Deed of Trust dated:1 { <br /> n. secu� Ron: J 2-t4-,,r <br /> Deed OtTr` : ited --- Reception It . L>13 5c5 <br /> d <br /> ' s GeeatTr rut Rio• i.-vv 1 <br /> Ran* _ i i 74y: fullyreleAsed <br /> Book: ."1-e dofTrust By Z)1 <br /> fir u sed � _ J PuhlicTrirstF,: _arimer j <br /> � <br /> Public Trustee.LarimerCouny <br /> Appendix 2 to Loan Contract C150363 <br /> Page 2 of 2 <br />
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