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Security Instruments securing this Note occurs, the CWCB may declare the entire outstanding <br /> principal balance of the Note, all accrued interest, and any outstanding late charges <br /> immediately due and payable, and the indebtedness shall bear interest at the rate of 7% per <br /> annum from the date of default. The CWCB shall give the BORROWER written notice of any <br /> alleged default and an opportunity to cure within thirty (30) days of receipt of such notice <br /> before the BORROWER shall be considered in default for purposes of this Promissory Note. <br /> 9. The BORROWER and any co-signer or guarantor hereby agree that if this Note or interest <br /> thereon is not paid when due or if suit is brought, then it shall pay all reasonable costs of <br /> 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 Note shall be governed in all respects by the laws of the State of Colorado. <br /> BORROWER: McDonald Ditch Company, a <br /> mutual ditch company <br /> ( SEAL ) <br /> By L <br /> 1C---- <br /> ( SEAL ) <br /> �1. •,,�.a ���� <br /> Signature <br /> Attest: <br /> By o-t,c o ;=X��l?'z 1 NAME: _ ]Gl 'v�\� S (kt- <br /> Signature <br /> TITLE: e <br /> DATE: V_ 7 - ( ( <br /> NAME: `-'�(i U L• rt. Gi <br /> TITLE: <br /> DATE: ? <br /> Appendix 2 to Loan Contract C150334 <br /> Page 2 of 2 <br />