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, <br /> f <br /> 1 <br /> 6. The rights and remedies of the Lender stated in this Assignment are in addi ion to any <br /> other rights the Lender may have under the Loan Contract or any law. <br /> 7. This Assignment shall be binding upon Owner and its successors, assigns, tr stees, and <br /> receivers. <br /> 8. This Assignment shall be construed in accordance with the laws of the State o'Colorado. <br /> 9. The Owner and Lender specifically request the Bank to honor and ..ccept this <br /> Assignment and its terms. - <br /> Exec I ;this '1" day of ©d-o,fe✓ 2000. <br /> .' `\. .. ... Plumb and Dailey Ditch Compa y, a <br /> ; <br /> Colorad' onprofit corporation <br /> " c S,.E +L:~, _ <br /> c.� , ,t..� „ : Q : By f�i��., <br /> ° Les Williams, Presi lent <br /> -...' -fii <br /> '.-.- <br /> y -ie <br /> Maigaret Hill, Secretary <br /> ACKNOWLEDGMENT BY BANK <br /> By its officer's signature below, the FTRST NATIONAL BANK or ("Bank") acknowl:•ges that it <br /> has received a copy of the foregoing Assignment, atRIGHOiges that, upon notic- from the <br /> Colorado Water Conservation Board ("CWCB") that the Owner is in default and-r its Loan <br /> Contract with the CWCB and that the CWCB is exercising its right under the Assignment to <br /> withdraw funds contained in the Certificate of Deposit, the Bank shall pay such fu ds directly <br /> to the CWCB until advised otherwise by the CWCB and the Owner. The Bank ac inowledges <br /> that the Certificate of Deposit Account is a special deposit and that the fund- deposited <br /> therein are to be used solely to secure Owner's Loan from the CWCB, and waiv:s any right <br /> of setoff it may have in and to the Account. <br /> Bank: FIRST NATIONAL BANK OF LQNGMIINT <br /> c IN <br /> By :.-,,nel.,d r lfg' ' <br /> ,President/mQ.44, 4r <br /> Printed Name&Title tii 1 i A Cm*. 11,k riL o gr-..%.„K( - <br /> Date l0 -`(- Do <br /> Attest: <br /> By i'.,. <br /> . 40S2atc),-- -g\-- 101,./, ,f y <br /> i ) <br /> E 1 €" t <br /> S <br />