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consfcf�red in �fefault for purposes of this PROt�ISSDRY NOTE. <br />9. The BoR�tow��z �nd any co-sige�er or guarantor hereby agree that if this Pt�onn►SSO�Y NOT� or <br />interest thereon is not �aid wh�n �ue or if suit is brought, then it shall pay all reasonab�e costs <br />af coile�tio�, including reasonable attarney fees. fr� the event of any ban�ruptcy or similar <br />proceedings, casts of coiiect�on shalf include all cost$ and attorn�y #ees incurred in connection <br />with sueh proceedings, including th� fees of counsel foe attendance at rneetings of credi#ors' <br />commitiees or other commEtkees. <br />1 Q. This P�oMisSORY NO°�E shall b� gove�ed in all respects by the laws of the State af Coiorado. <br />11. This Alofe is issued pursuant to and under the authc�rity of §11-57-2�Q, C.R.S. and �3�-35- <br />413, C.R.S., and pursuant to such statutes, the foregoing recital shall be �onclusi�e �vidanee <br />af the validity and the regufari#y of the issuance o# this Note after its deli�ery �For �alue, shalG <br />conclusfrrely imp�r� full cc�mpliance with ali of the pror�isions of Title 39 , Article 35, Part 4, <br />C.R.S., and th@s Not� �ontaining such recital shall be incantestable fipr ar�y cause whatsoev�er <br />after its delivery �or vaEue. <br />12. This Nate, i�cluding the interest hereon, does na# cor�stitut� a debt ar indebtedr�ess of the <br />a�tharity within the meaning of ar�y constitutionai or statutory prowision or limitation, and shail <br />not be consid�red or held to be a general obligatian of the BoRt�ow�R. This Nqte shafl not <br />consiitute a d�bt or an indebtedness of the cantracting �o�vernrr�enta! entities which organized <br />the a�thority or of any cooperating pat�ies, within the meaning of any constitutional or <br />statutary provisian ar limitation. <br />Es�a�� <br />Attest: <br />$y ' /f� �G�` <br />Si a�ure <br />NAME: _ � G'-�1:� ��'�. �ts-�'�r^� <br />1 <br />TlTLE: !`C.�v_ ��+=°,�' <br />r <br />DATE: _ '� ' I � <br />BoRROwER: ParEcer Water and Sanitation <br />District acting hy and through its Water <br />Activity Enteepr�s� <br />i" �_�_�,, , <br />Sign�a�u�e _ <br />NAn��: !J��' � ' � �:�rv�`° <br />TITLE: � 4 s�5 ti��� �tic ,s� <br />DATE: �� ~ ��l � � � <br />Appendix 2 to Loan �Gontract C'1 �0410A <br />Page 2 of 2 <br />