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8. The CWCB shall give the BORROWER written notice of any alleged default and an <br /> opportunity to cure within thirty (30) days of receipt of such notice before the BORROWER <br /> shall be considered in default for purposes of this Promissory Note. <br /> 9. The BORROWER hereby agrees that if this Note or interest thereon is not paid when due or if <br /> suit is brought, then it shall pay all reasonable costs of collection, including reasonable <br /> attorney fees. In the event of any bankruptcy or similar proceedings, costs of collection shall <br /> include all costs and attorney fees incurred in connection with such proceedings, including the <br /> fees of counsel for attendance at meetings of creditors' committees or other committees. <br /> 10. This Note shall be governed in all respects by the laws of the State of Colorado. <br /> 11. This Note is issued under the authority of and in full conformity with the Constitution and <br /> laws of the State of Colorado, including without limitation, Title 32, Article 1, C.R.S.; Title 11, <br /> Article 57, Part 2, C.R.S. (the "Supplemental Act"), and pursuant to the LOAN CONTRACT. <br /> Pursuant to section 210 of the Supplemental Act, such recital shall be conclusive evidence <br /> of the validity and regularity of the issuance of the Note after its delivery for value. Pursuant <br /> to C.R.S. § 31-35-413, such recital shall conclusively impart full compliance with all the <br /> provisions of said statues, and this Note issued containing such recital is incontestable for <br /> any cause whatsoever after its delivery for value. <br /> BORROWER: Central Weld County Water <br /> District, acting by and <br /> through its Water Activity <br /> Enterprise <br /> ( SEAL )1 . . <br /> By49 , i <br /> r. 4 Jame: Miller, Chain • the Board of <br /> Dir. tors and President • he District <br /> Attest: <br /> By e,tfy tt.i.kir 67a.— <br /> James Park, Secretary of the District 4*, <br /> Appendix 2 to Loan Contract C150122 <br /> Page 2 of 2 <br />