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8. The CWCB shall give the BORROWER written notice of any alleged default and an <br /> opportunity to cure within thirty (30) days of receipt of such notice before the BORROWER <br /> 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: Colorado River Water <br /> Conservation District, acting through its <br /> Colorado River Water Projects Enterprise <br /> ( SEAL ) <br /> Bye <br /> Steven Mathis, President <br /> Attest <br /> By �� 1 -Eric Kuhn, General Manager �z, <br /> 4t `. <br /> Arp. <br /> i <br /> Page 2 of 2 <br />