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Stock Assignment <br /> For value received, the Union Well Augmentation Group, Ltd. hereby sells, as•igns <br /> and transfers two (2) of shares of Union Reservoir Water Rights unto the COLORADO WATER <br /> CONSERVATION BOARD, which stock is standing in the name of the undersigned on the books <br /> and records of the company. The Borrower shall have the transfer of the certificate(s) fo the <br /> shares, represented by Certificate No. • issued in both the Borrower's and the <br /> CWCB's names, and shall give physical custody of the stock certificate(s)to the CWCB,w 'ch <br /> shall deposit the certificate(s) at the State Treasurer's Office for safekeeping. Union ell <br /> Augmentation Group shall retain both the responsibility for paying assessments on and the <br /> privilege of voting said shares. <br /> This Stock Assignment shall be effective solely in the event of an issuance by a Coloiado <br /> District Court of an order authorizing a foreclosure sale of said shares of stock pursuant to <br /> Rule 120 of the Colorado Rules of Civil Procedure. <br /> Union Well Augmentation Group Ltd., <br /> a Colorado corporation <br /> ' (SEAL) <br /> By I d _(?/L <br /> (ignature <br /> Attest: <br /> Name Gary Alles <br /> By / -� - S <br /> Signature Title President <br /> Name Donna T._ Cohle <br /> Date June 24, 2016 <br /> Title Secretary <br /> Date June 24, 2016 <br /> Appendix 7 <br /> Pagel of1 <br />