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The SECURED PARTY shall give the BORROWER written notice of any alleged <br /> default and an opportunity to cure within thirty (30) days of receipt of such notice before the <br /> BORROWER shall be considered in default for purposes of this SECURITY AGREEMENT. <br /> All rights of SECURED PARTY hereunder shall inure to the benefit of its successors and <br /> assigns; and ail promises and duties of the BORROWER shall bind its successors or assigns. <br /> BORROWER: City of Grand Junction, acting by and <br /> GskANd sU through its Water Activity Enterprise <br /> (SEALO� • o ea, - -IA <br /> y <br /> . 0 By: <br /> Attest cU ''" . <br /> NAME: rm.. ►r( s lVOrrej <br /> o o <br /> �a <br /> TITLE: /ACta 4-- <br /> DATE: 7 / V/6 <br /> By: x613kazkuje <br /> Signature <br /> NAME: Shephan s e v, .1 <br /> TITLE: CI Cie fi(C-- <br /> DATE: 7/18 l 11 <br /> Appendix 5 <br /> Page 2 of 2 <br />