CT2019-2034 Contract - Laserfiche WebLink

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Upon such default and at any time thereafter,Secured Party shall have the remedies of a se red party under Article 9 of the Colorado Uniform Commercial Code. Secured Party may require the Borrowe to deliver or make the Pledged Revenues available to Secured Party at a place to be designated by Secured P. , which is reasonably convenient to both parties. Expenses of retaking,holding,preparing for sale,selling or the li e shall include Secured Party's reasonable attorney's fees and legal expenses. The Secured Party shall give the Borrower written notice of any alleged default an. an opportunity to cure within sixty (60) business days of receipt of such notice before the Borrower shall be c i nsidered in default for purposes of this Security Agreement. No default shall be waived by Secured Party except i writing,and no waiver by Secured Party of any default shall operate as a waiver of any other default or of the e default on a future occasion. The taking of this Security Agreement shall not waive or impair any other sec I rity Secured Party may have or hereafter acquire for the payment of the above indebtedness, nor shall the taking of any such additional security waive or impair this Security Agreement; but Secured Party shall retain its rights of set-off against the Borrower. In the event court action is deemed necessary to enforce the terms and conditi ns set forth herein, said action shall only be brought in the District Court for the City and County of Denver, St to of Colorado, and the Borrower consents to venue and personal jurisdiction in said Court. All rights of Secured Party hereunder shall inure to the benefit of its successors and assigns; and all promises and duties of the Borrower shall bind its successors or assigns. Florida Consolidated Ditch Company By: Signature Attest: Name: Title: Qom, Preso :e. ,_ r Date: S-C!-1, am By: ' . ♦ 9 •�' )'[✓C--\—_-/ Signature Name: Title: Date: Page 2 of 2 Contract Number:CT2019-2034 Appendix 5