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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 issued pursuant to and under the authority of §11-57-210, C.R.S. and §31-35- <br /> 413, C.R.S., and pursuant to such statutes, the foregoing recital shall be conclusive evidence <br /> of the validity and the regularity of the issuance of this Note after its delivery for value, shall <br /> conclusively impart full compliance with all of the provisions of Title 31, Article 35, Part 4, <br /> C.R.S., and this Note containing such recital shall be incontestable for any cause whatsoever <br /> after its delivery for value. <br /> 12. This Note, including the interest hereon, is payable solely from the Pledged Revenues, does <br /> not constitute a debt or indebtedness of the BORROWER within the meaning of any <br /> constitutional or statutory provision or limitation, and shall not be considered or held to be a <br /> general obligation of the BORROWER. <br /> BORROWER: Denver Southeast Suburban <br /> Water & Sanitation District a Colorado Title <br /> 32 Special District, acting by and through its <br /> Water Activity Enterprise <br /> (S E A L) <br /> By <br /> Sign re <br /> Attest: LL ((��� <br /> NAME: \ott4 f . t�Y Ccv� <br /> TITLE: Crt0.lr Vt'L <br /> DATE: _ 1 ) <br /> By I"" / /,:; <br /> Signature <br /> NAME: tie-tail 1-• 4 aek-lat <br /> TITLE: Sec <br /> CO rosy <br /> DATE: " ? _ 14 <br /> Appendix 2 to Loan Contract C150411A <br /> Page 2of2 <br />