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security agreement; but said SECURED PARTY shall retain its rights of set-off against <br /> DEBTOR. In the event court action is deemed necessary to enforce the terms and conditions <br /> set forth herein, said action shall only be brought in the District Court for the City and County of <br /> Denver, State of Colorado, and DEBTOR consents to venue and personal jurisdiction in said <br /> Court. <br /> All rights of SECURED PARTY hereunder shall inure to the benefit of its successors and <br /> assigns; and all promises and duties of DEBTOR shall bind its heirs, executors or administrators <br /> or its successors or assigns. If there be more that one DEBTOR, their liabilities hereunder shall <br /> be joint and several. <br /> Executed this 1st day of August 2001. <br /> DEBTOR: City of Victor, acting by and through The <br /> City of Victor, Colorado Water and Wastewater <br /> Enterprise <br /> (SEAL) By: <br /> James Watso , Mayor <br /> • <br /> ATTEST: <br /> eZ(iL <br /> Ma uerite . Brown-Overlay, City C''rk <br />