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ri COPY <br /> Upon such default and at any time thereafter,Secured Party shall have the remedies of a secured party under Section <br /> 11-57-208, Colorado Revised Statutes. Secured Party may require the Borrower to deliver or make the Pledged <br /> Revenues available to Secured Party at a place to be designated by Secured Party,which is reasonably <br /> convenient to both parties. Expenses of retaking,holding,preparing for sale,selling or the like shall include Secured <br /> Party's reasonable attorney's fees and legal expenses. <br /> The Secured Party shall give the Borrower written notice of any alleged default and an opportunity to cure <br /> within sixty (60) business days of receipt of such notice before the Borrower shall be considered in default for <br /> purposes of this Security Agreement. No default shall be waived by Secured Party except in writing,and no waiver <br /> by Secured Party of any default shall operate as a waiver of any other default or of the same default on a future <br /> occasion. The taking of this Security Agreement shall not waive or impair any other security Secured Party may <br /> have or hereafter acquire for the payment of the above indebtedness, nor shall the taking of any such additional <br /> security waive or impair this Security Agreement; but Secured Party shall retain its rights of set-off against the <br /> Borrower. In the event court action is deemed necessary to enforce the terms and conditions set forth herein, said <br /> action shall only be brought in the District Court for the City and County of Denver, State of Colorado, and the <br /> Borrower consents to venue and personal jurisdiction in said Court. <br /> All rights of Secured Party hereunder shall inure to the benefit of its successors and assigns; and all promises <br /> and duties of the Borrower shall bind its successors or assigns. <br /> Borrower.San Luis Valley Irrigation District <br /> (SEAL) ‘/A/d/714.0"7/ <br /> By: S <br /> Attest: // / <br /> Name: AA4a//A, 41c sal <br /> Title: G",e s•�e„7` <br /> Date: A 9f/f <br /> By: tLLd. <br /> S'u ature <br /> Name: -fm � <br /> Y a1 <br /> Title: ( ��� <br /> Date: <br /> Page 2 of 2 <br /> Conuacl Number:CT2OI8-3303 <br />