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c. the making or furnishing of any warranty, representation or statement to SECURED PARTY by or on <br /> behalf of DEBTOR which proves to have been false in any material respect when made or <br /> furnished. <br /> Upon such default and at any time thereafter, SECURED PARTY shall have the remedies of a <br /> secured party under Section 11-57-208, Colorado Revised Statutes, as amended. SECURED PARTY may <br /> require DEBTOR to deliver or make the COLLATERAL available to SECURED PARTY at a place to be designated <br /> by SECURED PARTY, which is reasonably convenient to both parties. Expenses of retaking, holding, <br /> preparing for sale, selling or the like shall include SECURED PARTY'S reasonable attorney's fees and legal <br /> expenses. <br /> The SECURED PARTY shall give the DEBTOR written notice of any alleged default and an <br /> opportunity to cure within thirty(30) days of receipt of such notice before the DEBTOR shall be considered <br /> in default for purposes of this SECURITY AGREEMENT. No default shall be waived by SECURED PARTY except <br /> in writing, and no waiver by SECURED PARTY of any default shall operate as a waiver of any other default or <br /> of the same default on a future occasion. The taking of this SECURITY AGREEMENT shall not waive or impair <br /> any other security SECURED PARTY may have or hereafter acquire for the payment of the above <br /> indebtedness, nor shall the taking of any such additional security waive or impair this SECURITY AGREEMENT; <br /> but SECURED PARTY shall retain its rights of set-off against DEBTOR. In the event court action is deemed <br /> necessary to enforce the terms and conditions set forth herein, said action shall only be brought in the <br /> District Court for the City and County of Denver, State of Colorado, and DEBTOR consents to venue and <br /> personal jurisdiction in said Court. <br /> All rights of SECURED PARTY hereunder shall inure to the benefit of its successors and <br /> assigns; and all promises and duties of DEBTOR shall bind its successors or assigns. <br /> c■, r DEBTOR: Central Colorado Water Conservancy <br /> P� •'�._� District, a Colorado Title 37 Water Conservancy <br /> _ <br /> 64 C T <br /> oQ'• <<\. � District <br /> (SEAL) - : SEALS / <br /> 1965 eE / <br /> B , i C-- <br /> / <br /> •'ay <br /> Attest: * '� ; Signature <br /> COL OR AV? ``‘ <br /> �r�11111111\ <br /> By <br /> Signature <br /> NAME: G� 7.'Y+v <br /> NAME: (ct„..i.j)...-t <br /> TITLE: 42.1 .--/r=pv7" <br /> TITLE: 'e -`V--" Ve-4v"' DATE: g/7y//, <br /> DATE: et.{2-4t ZoL <br /> Appendix 4 <br /> Page 2 of 2 <br />