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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 /> 11. This Note is authorized pursuant to and in accordance with the Constitution of the State of <br /> Colorado and all other laws of the State of Colorado thereunto enabling. Specifically, but not <br /> by way of limitation, the Loan Contract is authorized by the Borrower pursuant to Title 32, <br /> Article 1, C.R.S. and Title 11, Article 57, Part 2, C.R.S. Pursuant to such statutes, the <br /> foregoing recital shall be conclusive evidence of the validity and the regularity of the issuance <br /> of this Note after its delivery for value, sally conclusively impart full compliance with all of the <br /> provisions of Title 32, Article 1, C.R.S., and this Note containing such recital shall be <br /> incontestable for any cause whatsoever after its delivery for value. <br /> ,,,,,,,„144]1 AIYy°d�0 <br /> moo,•�Ok .. S�4//T°° <br /> • . . BORROWER: Inverness Water and Sanitation <br /> • % District, a Colorado Title 32 Special District <br /> „tco ..i -i- g 0 0 <br /> (SEAL) =w;LI- <br /> -DSEA joc:pa <br /> d?°0 * v = By C>8L-1/ . <br /> �7/•�•��cpUN �'' a< Signature <br /> Attest: °O,'v,'••••••.• y7�,•` <br /> °°°*,* * e�°%`, NAME: ,07- CdIX.erA/a'Yen <br /> TITLE: P°-e.5%der° <br /> .410 r, <br /> ,, 41Ikfr <br /> ,,,„0) DATE: C C7 f t //(1� <br /> Signature <br /> NAME: CGtart e5 At£'/'5 <br /> TITLE: searefdc�y <br /> DATE: ( C> ( i ( ii k4 <br /> Appendix 2 to Loan Contract C150409A <br /> Page 2 of 2 <br />