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and cover certain revenues, real property, water rights and/or accounts of the BORROWER. The <br /> LOAN CONTRACT and SECURITY INSTRUMENTS grant additional rights to the CWCB. <br /> 8. The CWCB shall give the BORROWER written notice of any alleged default and an opportunity <br /> to cure within thirty (30) days of receipt of such notice before the BORROWER shall be <br /> considered in default for purposes of this PROMISSORY NOTE. <br /> 9. The BORROWER and any co-signer or guarantor hereby agree that if this PROMISSORY NOTE or <br /> interest thereon is not paid when due or if suit is brought, then it shall pay all reasonable costs <br /> of 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 PROMISSORY NOTE shall be governed in all respects by the laws of the State of Colorado. <br /> BORROWER: City of Lamar, a home rule <br /> municipality, acting by and through its Water <br /> GNI,/ OF z4, Activity Enterprise <br /> -9,p <br /> (SEAL) <br /> SEAL By Z77, Si9 nature <br /> cn <br /> .t: <br /> 00 NAME: ROGER STAGNER <br /> OF <br /> COLO_ "RP <br /> TITLE: MAYOR <br /> egyi DATE: 6/17/2016 <br /> ffidSOP <br /> Signature <br /> NAME: LINDA WILLIAMS <br /> TITLE: MAYOR <br /> DATE: 6/17/2016 <br /> Appendix 3 <br /> Page 2 of 2 <br />